ABC News – Top stories
·general
·2 hours ago
Global military spending hits record high amid warnings of new arms race
Global military spending reached nearly $2.9 trillion in 2025, marking the highest level ever recorded, according to the Stockholm International Peace Research Institute. The increase, driven by wars and geopolitical uncertainty, reflects a 41 percent rise over the past decade. Analysts warn that this trend could fuel an arms race and strain national budgets.
Summary by Glance · ABC News – Top stories
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