Tag Archives: Stockholm International Peace Research Institute

Global military spending surges amid war, rising tensions and insecurity

Video: Peter Boyle/Green Left

A media conference in Sydney/Gadigal land on 24th April 2024 discussed alarming new figures released by the Stockholm International Peace Research Institute (SIPRI) which showed that world military expenditure increased for the ninth consecutive year to an all-time high of $2,443 billion. For the first time since 2009, military expenditure went up in all five of the geographical regions defined by SIPRI, with particularly large increases recorded in Europe, Asia and Oceania and the Middle East.  Continue reading Global military spending surges amid war, rising tensions and insecurity