Military Economics

Geopolitics Global Military Expenditure Geopolitics Defense Policy NATO Spending Global Military Spending NATO Military Budgeting Alliances Military Spending

Global Military Spending Hits $2.72 Trillion in 2024, Marking Steepest Post-Cold War Rise

Driven by conflicts in Ukraine and Gaza, defense budgets surged globally, with Europe and the Middle East leading significant increases.

NATO Chief Calls for Increased Defense Spending as U.S. Signals Strategic Shift

China Rejects U.S.-Russia Proposal to Halve Defense Budgets

Ukraine Launches New Recruitment Program for Young Volunteers with Financial Incentives