International News :
On April 27, 2020 According to a new report by the Stockholm International Peace Research Institute (SIPRI), the total global military expenditure rose to USD 1,917 billion in 2019, which represents an annual growth of 3.6% compared to 2018 & it is the largest annual growth in spending since 2010.
For the 1st time two Asian countries- China(2nd), India(3rd) have featured among the top military spenders after the United States- US(1st).
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About SIPRI:
It is an independent international institute dedicated to research into conflict, armaments, arms control and disarmament & established in 1966.
It provides data, analysis and recommendations, based on open sources, to policymakers, researchers, media and the interested public.
Headquarters– Stockholm, Sweden
Chairman– Jan Eliasson
