It’s worth thinking about why defense spending is about to explode. It’s not because of some revolutionary change in the global security environment — aside from those pesky North Koreans ...
Russia’s full-scale invasion of Ukraine pushed military spending worldwide to $2.46 trillion in 2024, representing a 7.4% ...
According to 2015 estimates gathered by the Stockholm International Peace Research Institute, the United States was responsible for 36% of the entire world's military spending. Even so ...
Another U.S.-aligned democracy in Asia is mired in political gridlock, with Taiwan’s opposition challenging defense spending aimed at fending off China.