Event Overview
Global military spending rises 2.9% to $2.89 trillion
Global military spending rose 2.9% in 2025 despite a 7.5% decline in the United States as President Donald Trump halted new financial military aid to Ukraine, a report by a conflict think-tank showed on Monday. This cluster currently includes 2 articles from 2 sources.
This cluster currently includes 2 articles from 2 sources. Sources in this event include France 24, CNN.
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Global military spending rises 2.9% to $2.89 trillion
Global military spending rose 2.9% in 2025 despite a 7.5% decline in the United States as President Donald Trump halted new financial military aid to Ukraine, a report by a conflict think-tank showed on Monday.
Military spending surges in Europe and Asia, pushing world to levels not seen in 16 years, report says
Global military spending surged by almost 3% in 2025, fueled largely by ballooning defense expenditures in Europe and Asia, according to a report released Monday by a respected arms watchdog group. European defense spending jumped 14% from 2024, to $864 billion, and in Asia-Oceania the increase was 8.1%, to $681.