MCViewPoint

Opinion from a Libertarian ViewPoint

Russia Drops Out of Top Five in Global Military Spending – News From Antiwar.com

Posted by M. C. on April 30, 2019

https://news.antiwar.com/2019/04/29/russia-drops-out-of-top-five-in-global-military-spending/

The latest Stockholm International Peace Research Institute (SIPRI) data on global military spending showed a surprising shift, as while the US remained predictably far ahead of everyone else, the Russian Federation has fallen completely out of the top five.

This wasn’t expected, but also shouldn’t be a huge shock. Despite the US hyping Russia as a threat for decades, Russia hasn’t spent deeply on its military in years, and drawing down from Syria, they don’t have much costly overseas engagement.

By contrast, after the usual top two of the US and China, of which US is by far spending the most, third is Saudi Arabia, which has been spending about 10% of their GDP annually on the military since invading Yemen. Fourth on the list is India, which is spending heavily to gear up for confrontations against Pakistan as well as China…

NATO

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: