SIPRI: Global Defense Spend Bucks 4-Year Downward Trend, Oil Plunge Drives Some Cuts by Producers
A new report from the Stockholm International Peace Research Institute says military spending worldwide in 2015 posted a year-to-year increase for the first time since 2011 at a rate of 1 percent to $1.7 trillion total. SIPRI said Tuesday the figure reflects a rise in spending in Eastern and Central Europe, Asia and Oceania and some countries in […] More