The rise in military spending in central and western ... and its 640% rise to $44bn was “the highest single-year increase in a country’s military expenditure ever recorded”, said Al Jazeera.

READ ALSO: Top 5 African countries with the highest reserve military manpower The need to prioritize or reduce defense ...

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 ...

Global Firepower’s annual report monitors defense spending budgets ... the following African countries recorded the highest defense budgets for their respective military formations; The table ...

The US topped the chart with 2016 military spending estimated at $611 billion, nearly three times the level of China with $215 billion STOCKHOLM, April 24. /TASS/. With military expenditures of $ ...

Military production does not help long-term economic growth, Italy's central bank governor Fabio Panetta said on Thursday, as ...