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June 8, 2009

Report: Global Military Spending Rose to $1.46 Trillion in 2008
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A new study by the Stockholm International Peace Research Institute has
found global military spending rose four percent last year to a record
$1.46 trillion despite the global financial crisis. Overall military
spending has increased by 45 percent since 1999. The US remains the
biggest spender, accounting for 58 percent of the total global spending
increase during the past decade.



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