Global Military Spending Is on the Rise for the First Time in Several Years
Hannah Gold
http://gawker.com/global-military-spending-is-on-the-rise-for-the-first-t-1769042537Yesterday 11:25pmFiled to: military spending
As international conflict reaches dizzying levels of violence and complexity, countries around the world are spending an unprecedented amount on their militaries.
Global military spending rose to $1.7 trillion in 2015, the first worldwide increase since 2011, the Associated Press reports. The United States, of course, spent the most on defense—$596 billion, to be exact. (That’s nearly three times the amount paid by the next biggest spender, China.)
The Stockholm International Peace Research Institute, which conducted the study, attributes the risings costs to several global conflicts including the Saudi-led war in Yemen, battles against the Islamic state, and regional fears about Iran.