Worldwide military expenditure increased 3,7% in 2022, SIPRI report
The Stockholm International Peace Research Institute (SIPRI), a leading global security think tank, reported that countries around the world are spending record amounts of money in defense budgets. Some of the reasons for this new trend, inflation, the war in Ukraine, US efforts to outpace China. For 2022, researchers recorded a year-on-year jump of 3.7%…