The article discusses the US military spending of $880 billion in 2023, more than the next eight countries combined. It highlights an emergency summit in Paris where European leaders are responding to Trump's push for Europe to increase military budgets. With global military spending at $2.44 trillion, the largest rise since 2009, Trump's call for NATO members to allocate 5% of their GDP to defense is featured. The article notes China's $309 billion and Russia's $126 billion in spending, emphasizing the relative military capacities globally.
In 2023, global military spending reached $2.44 trillion, reflecting a 6.8% increase from the previous year, demonstrating heightened global tensions and defense priorities.
US defense spending in 2023 reached $880 billion, surpassing the combined military budgets of the next eight largest military spenders, indicating a significant disparity in military investment.
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