Monday 15 August 2022
Military Spending

One-tenth of world military spend could end poverty

World military spending rose 1 per cent in 2015, the first annual increase in four years, a Stockholm think tank said on Tuesday as it estimated 10 per cent of this could cover the costs of global goals aiming to end poverty and hunger in 15 yea


Saudi military spending tops $80 billion in 2014

Saudi Arabia's military spending grew 17 per cent in 2014 to $80.8 billion, data from the Stockholm International Peace Research Institute (SIPRI) showed on Monday, the biggest annual hike by any of the world's top 15 military spenders.


China boosts defense budget by 11.2 pc

China will increase military spending by 11.2 per cent this year, a spokesman for the nation's parliament said on Sunday, building on a nearly unbroken succession of double-digit rises in the defense budget across two decades.   &nb

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