Military spending surges in Europe and Asia, pushing world to levels not seen in 16 years, report says

Military spending surges in Europe and Asia, pushing world to levels not seen in 16 years, report says

Global military spending surged by almost 3% in 2025, fueled largely by ballooning defense expenditures in Europe and Asia, according to a report released Monday by a respected arms watchdog group. European defense spending jumped 14% from 2024, to $864 billion, and in Asia-Oceania the increase was...

Redirecting to full article...