Military budgets often reflect how strongly a country perceives the likelihood of threats against it, or the amount of aggression it wishes to conjure.
In 2019, Global military roughly spent around USD 1.9 trillion on military and defense that was approximately 2.2 percent of the world’s GDP. The growth in military spending in 2019 as compared to the previous year was the largest annual growth in the past decade.
One of the key drivers of increased military spending are the Global conflicts or the threat of war. If a country is at international war it spends...
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Flash News: Ukraine Intercepts Russian Kh-59 Cruise Missile Using US VAMPIRE Air Defense System Mounted on Boat. Ukrainian forces have made ...
