Global military spending drops, led by US: SIPRI
Stockholm (AFP) April 14, 2014 - World military expenditure fell in 2013 as the United States and other Western countries cut back, but spending in emerging economies grew, a Swedish think tank said on Monday. The 1.9 percent global decline followed a 0.4 percent drop in 2012, the Stockholm International Peace Research Institute (SIPRI) said. "The increase in military spending in emerging and developing countries contin ... more

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