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Global Military Spending Increased In 2015

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By Thomas Gaist – Global Research

Spending on weapons and other military costs grew by more than one percent in 2015, marking the first year of growth in total military purchasing by governments worldwide since 2011, the Stockholm International Peace Research Institute found in a report published on April 5. Total military purchases reached $1,676 billion in 2015, or nearly $1.7 trillion, consuming some 2.3 percent ofglobal gross domestic product (GDP), SIPRI found.

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