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Saudi Arabia passes Russia as world’s third biggest military spender – The Washington Post

Saudi Arabia passes Russia as world’s third biggest military spender – The Washington Post

Global military spending reached almost $1.7 trillion in 2015, marking a year-on-year increase for the first time since 2011, according to the Stockholm International Peace Research Institute, which tracks arms expenditure around the world.The United States remained far and away the top spender, which despite a dip from 2014, accounted for more than a third of total global spending.

Source: Saudi Arabia passes Russia as world’s third biggest military spender – The Washington Post