Governments around the world have increased their military spending to a level not seen since 1988 despite their economies suffering during the pandemic, a fresh study has said, adding that the US was ahead of the curve again.
Back in 2020, nations all over the world have been struggling to support their economies through the times of hardships and lockdowns caused by the onslaught of Covid-19. Those efforts apparently did not prevent them from spending more money on the military than ever before in more than three decades, the latest report by the Stockholm International Peace Research Institute (SIPRI) has shown.
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