The Latest Breaking News from SIPRI

A Sweden-based watchdog says global military spending grew for the eighth consecutive year in 2022 to an all-time high of $2.24 trillion

Global defense spending hit record $2.2 trillion last year.

Global military spending rose to a record last year, spurred by a policy U-turn in Europe where governments boosted capabilities by the most since the end of the Cold War in the wake of Russia’s all-out invasion of Ukraine.

Stockholm International Peace Institute’s annual report finds UK was region’s biggest spender in 2022 at $68.5bn

Global military spending rose to a record last year as Russia's war in Ukraine drove the biggest annual increase in expenditure in Europe since the end of the Cold War three decades ago, a leading conflict and armaments think tank said on Monday.

TINIAN, Northern Mariana Islands: The tiny island of Tinian was the launch point for U.S. planes carrying atomic bombs to Hiroshima and Nagasaki in 1945. Now a new runway is being carved from the jungle, just south of World War II ruins.

Algeria’s arms imports have drastically decreased since 2018, according to a study published recently by the Stockholm International Peace Research Institute (SIPRI). The arms imports of Algeria dropped by 58 percent during the past four years. Algiers and Moscow have been preparing for a year a “strategic document” for cooperation.

Such concerns about China’s weapons sales are not new and have persisted despite Washington’s overall dominance in arms exports.

Arms imports into Europe almost doubled in 2022, becoming the world's third-largest destination, researchers said Monday. This has mostly been driven by massive shipments to Ukraine since Russia invaded just over a year ago.