Tag: SIPRI

Global Military Spending Hits Post-Cold War High in 2024
Military expenditure in Europe jumped by 17 percent to US$693 billion, making it a major contributor to the global surge. On Monday, the Stockholm International Peace Research Institute (SIPRI) released a report showing that global military expenditure soared to its highest level in 2024 since the end of the Cold War. RELATED: Israeli Military Incursions […]
April 29, 2025

U.S. Arms Sales Have Skyrocketed Since 2020
Over the past five years, Ukraine became the world’s largest arms importer. On Monday, the Stockholm International Peace Research Institute (SIPRI) published a report showing that the war in Ukraine led to a sharp increase in U.S. arms sales over the past five years, a period during which Europe doubled its purchases, and Ukraine became […]