The Latest Breaking News from SIPRI

As it joins Nato, Finland records its highest year-on-year increase in military spending since 1962

A Sweden-based watchdog says global military spending grew for the eighth consecutive year in 2022 to an all-time high of $2.24 trillion

A new analysis gives rise to speculation that Kyiv is beginning a long-awaited counteroffensive, as new data shows global military expenditure increased by a record 3.7 per cent last year.

Global military spending rose to a record last year, spurred by a policy U-turn in Europe where governments boosted capabilities by the most since the end of the Cold War in the wake of Russia’s all-out invasion of Ukraine.

Stockholm International Peace Institute’s annual report finds UK was region’s biggest spender in 2022 at $68.5bn

Global military spending rose to a record last year as Russia's war in Ukraine drove the biggest annual increase in expenditure in Europe since the end of the Cold War three decades ago, a leading conflict and armaments think tank said on Monday.

TINIAN, Northern Mariana Islands: The tiny island of Tinian was the launch point for U.S. planes carrying atomic bombs to Hiroshima and Nagasaki in 1945. Now a new runway is being carved from the jungle, just south of World War II ruins.

Algeria’s arms imports have drastically decreased since 2018, according to a study published recently by the Stockholm International Peace Research Institute (SIPRI). The arms imports of Algeria dropped by 58 percent during the past four years. Algiers and Moscow have been preparing for a year a “strategic document” for cooperation.

Such concerns about China’s weapons sales are not new and have persisted despite Washington’s overall dominance in arms exports.