Global Military Spending Hits Record High: Is the World Entering a New Arms Race?
Global military spending reached a record $2.887 trillion in 2025, according to new data from the Stockholm International Peace Research Institute, known as SIPRI. This was a 2.9% real-terms increase from 2024 and marked the 11th consecutive year of rising military expenditure. The number is huge, but the trend is even more important: governments are … Read more