Global military spending reaches a record $2.89 trillion
Global military expenditure reportedly reached $2.89 trillion, with increased spending by Europe, China and India.
By DoomRadar · Published on DoomRadar .
Why it matters
Rising defense spending signals worsening strategic tensions and can redirect major economic resources.
Related source links
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- Global military spending hits record $2.89 trillion: Europe re arms, China expands, India spends $92.1 billion ↗businesstoday.in · Recorded source date: Aug 27, 2026, 1:46 PM UTC
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