“If global leaders actually care about charting a more secure future, then we need a massive realignment in spending priorities,” said one prominent peace group.
By Brett Wilkins Published 4-25-2022 by Common Dreams
U.S. warplanes and the aircraft carrier USS Ronald Reagan are seen during a deployment in the Indian Ocean on June 32, 2021. (Photo: U.S. Pacific Fleet/Flickr/CC BY-NC 2.0)
Global military expenditures surpassed $2 trillion for the first time ever last year, with the United States spending more on its war-making capacity than the next nine nations combined, according to new data published Monday.
The Stockholm International Peace Research Institute (SIPRI) reported an all-time high of $2.1 trillion in worldwide military spending for 2021, a 0.7% increase from 2020 levels and the seventh straight year of increased expenditures. Continue reading
