Shafaq News/ More problems. More money. That is a key takeaway from the latest data published today by the Stockholm International Peace Research Institute (SIPRI), a leading global security think tank. For 2022, researchers recorded a year-on-year jump of 3.7% in worldwide military expenditure. That marks an all-time high and follows several years of continuously higher spending. “Irrespective of whether economies are doing better or worse than expected, the military is taking up more financial resources than in previous years, or previously ever in history,” Nan Tian, a senior researcher at SIPRI who helped author the report, told DW. For those who follow world events, the doubling
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