World News@lemmy.worldEnglish · 7 months ago

Global defence budget jumps to record high of $2440bn

www.theguardian.com

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Global defence budget jumps to record high of $2440bn

www.theguardian.com

Riddick3001@lemmy.world to

World News@lemmy.worldEnglish · 7 months ago

For the first time, government military spending increased in all five geographical regions, Sipri thinktank finds

The 6.8% increase between 2022 and 2023 was the steepest since 2009, pushing spending to the highest recorded by the Stockholm International Peace Research Institute (Sipri) in its 60-year history

For the first time, analysts at the thinktank recorded a rise in military outlay in all five geographical regions: Africa, Europe, the Middle East, Asia and Oceania and the Americas.

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7 months ago
Yup, it is. I can’t really conceptualize a thousand billions or a trillion, though. These are not numbers that translate to reality in any practical way for me.

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