Global military spending soars to $2.7 trillion in 2024; Russia, US, China, India, Germany account for 60% - The Economic Times

Amid the major global conflicts, including the Russia-Ukraine war, and the Israel-Palestine conflict, world military expenditure reached USD 2718 billion in 2024, an increase of 9.4 per cent in real terms from 2023 and the steepest year-on-
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