Russia boosts military spending despite sanctions: study
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Russia became the world’s third largest military spender in 2016 despite low oil prices and economic sanctions, as the global expenditure rose for a second consecutive year, a study said on Monday. Russia’s military spending was $69.2 billion (around 64 billion euros) in 2016, a 5.9 percent rise over 2015, the Stockholm International Peace Research […]https://www.defencetalk.com/russia-boosts-military-spending-despite-sanctions-study-69794/
Russia became the world’s third largest military spender in 2016 despite low oil prices and economic sanctions, as the global expenditure rose for a second consecutive year, a study said on Monday. Russia’s military spending was $69.2 billion (around 64 billion euros) in 2016, a 5.9 percent rise over 2015, the Stockholm International Peace Research […]https://www.defencetalk.com/russia-boosts-military-spending-despite-sanctions-study-69794/