#World #military expenditure passes $2 #trillion for first time
‘Even amid the economic fallout of the #Covid-19 #pandemic, world military spending hit record levels,’ said Dr Diego Lopes da Silva, Senior Researcher with #SIPRI’s Military Expenditure and Arms Production Programme. ‘There was a slowdown in the rate of real-terms growth due to inflation. In nominal terms, however, military spending grew by 6.1 per cent.’
#budget #money #economy #politics #fail #humanity #news #finance #war
