Military Spending Record High with Europe Leading

Military Spending Record High with Europe Leading

The world has never spent so much on military muscle. Figures released show $2.24 trillion was outlaid globally in 2022 with Europe leading the way due to Ukraine’s demands for continued supplies of battlefield hardware. There was a 13 percent rise in Europe, the steepest in at least 30 years. Some of the sharpest increases were seen in Finland (+36 percent), Lithuania (+27 percent), Sweden (+12 percent) and Poland (+11 percent).

 

Military Spending Record High with Europe Leading

Military Spending Record High with Europe Leading
Military Spending Record High with Europe Leading

Middle East Ceasefire Lowers Oil Prices While Global Uncertainty Remains

Oil Prices Fall as Strait of Hormuz Reopens, but Middle East…