Military spending surges in Europe and Asia, pushing world to levels not seen in 16 years, report says

Global military spending surged by almost three percent in 2025, fueled largely by ballooning defense expenditures in Europe and Asia, according to a report released Monday by a respected arms watchdog group. European defense spending jumped 14 percent from 2024, to $864 billion, and in Asia-Oceania the increase was 8.1 percent, to $681 billion, the … The post Military spending surges in Europe and Asia, pushing world to levels not seen in 16 years, report says appeared first on Egypt Inde...