The article discusses the global rise in military spending due to increasing geopolitical tensions in regions like Europe, the Middle East, and Asia. The U.S., while having 3.4% of its GDP spent on military, leads in total expenditure, surpassing the next eight countries' budgets combined. Other nations like Djibouti and Burundi also allocate high percentages of their GDP for military purposes, driven by strategic concerns in unstable regions. The trends indicate ongoing conflicts and potential future hotspots that merit international attention.
The U.S. has been coordinating with NATO allies to support Ukraine and is assembling a coalition of Asia/Pacific allies to deter Chinese and North Korean aggression.
Djibouti is strategically located at the southern entrance to the Red Sea, a major shipping route between Europe and Asia, benefiting from its military base leases.
Collection
[
|
...
]