What Happened
Defense Spending Increases Despite US Decline Over Ukraine Freeze
Global military spending increased by 2.9% in 2025, reaching $2.89 trillion, despite a 7.5% decline in US spending due to halted aid to Ukraine, according to a report by the Stockholm International Peace Research Institute. The top three military spenders, the US, China, and Russia, accounted for 51% of global spending. The report suggests that this growth will likely continue through 2026 and beyond, driven by ongoing conflicts and security concerns. This was reported by Reuters.