DefenceTalkWorld military expenditure totalled $1.75 trillion in 2012, a fall of 0.5 per cent in real terms since 2011, according to figures released today by Stockholm International Peace Research Institute (SIPRI). The comprehensive annual update of the SIPRI Military Expenditure Database is accessible from today at www.sipri.org. The fall—the first since 1998—was driven by major […]https://www.defencetalk.com/world-military-spending-falls-but-china-russias-spending-rises-47478/