In a sharp escalation, Israel increased its military spending by 65 percent in 2024, reaching $46.5 billion, according to a new report from the Stockholm International Peace Research Institute (SIPRI). This marks Israel’s steepest annual military spending hike since the Six-Day War in 1967. The SIPRI report highlights that global military expenditure soared to $2.72 …
Continue reading “Israel Boosts Military Spending by 65 Percent in 2024, SIPRI Reports”