STOCKHOLM: Global military spending rose to a record last year as Russia's war in Ukraine drove the biggest annual increase in expenditure in Europe since the end of the Cold War three decades ago, a leading conflict and armaments think-tank said on Monday (Apr 24). World military expenditure rose by 3.7 p
STOCKHOLM: Global military spending rose to a record last year as Russia's war in Ukraine drove the biggest annual increase in expenditure in Europe since the end of the Cold War three decades ago, a leading conflict and armaments think-tank said on Monday .
Russia's invasion of Ukraine, which began in February last year following years of growing tensions, hasMoscow says its"special military operation" was necessary to safeguard it against what it sees as a hostile and aggressive West. Ukraine and its Western allies say Russia is waging an unprovoked war aimed at grabbing territory.
"This included multi-year plans to boost spending from several governments," SIPRI senior researcher Diego Lopes da Silva said."As a result, we can reasonably expect military expenditure in Central and Western Europe to keep rising in the years ahead."
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