World Military Spending Drops First Time Since 1998 - Nairaland / General - Nairaland
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| World Military Spending Drops First Time Since 1998 by peazer: 10:53am On Apr 15, 2013 |
Global military spending plunged in 2012 for the first time in 14 years as defense budgets shriveled in the West but rose in Russia, China and the Middle East, a Swedish-based arms watchdog said Monday. The Stockholm International Peace Research Institute said the world spent $1.75 trillion on its armed forces in 2012, down 0.5 percent from 2011.http://kopnomi..com/2013/04/world-military-spending-drops-first.html |
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