Feb 25, 2021 SOURCE: AFP
Global military spending hit record levels in 2020 amid pandemic: think tank
Global military spending, driven in part by Chinese naval expansion, reached record levels in 2020 despite the impact of the coronavirus pandemic and ensuing economic contraction, a British think-tank said on Thursday.
The International Institute for Strategic Studies (IISS) said military spending reached $1.8 trillion (1.5 trillion euros) last year...
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