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Military spending News

U.S. still biggest military spender but Saudi Arabia in third

Stockholm - The Stockholm International Peace Research Institute(SIPRI) estimates global military spending at $1.7 trillion for the year 2015. This is the first year-on-year increase since 2011.

Tiny fraction of military budget could save planet's biodiversity

Sydney - A new study claims just 2.5 percent of what the world drops on military spending could protect enough of the planet's natural areas to reverse biodiversity loss.

Op-Ed: Cut the military, but don't screw the troops

Washington - On Monday, US Defense Secretary Chuck Hagel called for shrinking the American military to its smallest size since before World War II.

Op-Ed: 4 Reasons to cut the defense budget by 10%

The budget of the United States military is the largest in the world. Below is a list of expenditures that could occur in exchange for a 10 percent reduction in defense spending.

Op-Ed: America — The real Lord of War

No other nation offers a remote threat to America’s global military dominance, yet the nation spends nearly as much as the rest of the world combined on defense. The U.S. is in an arms race, but against whom?

Study: Canada's military spending at highest point since WWll

Ottawa - A new study shows Canada will spend at least $22.3 billion on its military forces in 2010-11 which represents an increase of 54 percent since 9/11.

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