World Military Spending Hits $1.6T Record
Global military spending hit a new high last year, inching up 1.3% to reach a staggering $1.6 trillion, according to a Swedish think tank. The increase itself, however, is one of the lower hikes in years, a slowdown caused by the economic crisis in many Western nations. US…
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World Military Spending Hits $1.6T Record
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on April 11, 2011. Filed under News, World News.
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