This story was originally published by 24/7 Wall St. Worldwide military expenditure shrunk in 2013 for the second consecutive year, falling by 1.9% to $1.75 trillion. The 100 largest arms-producers sold a combined $402 billion worth of arms and military services in 2013, also down -- for the third consecutive year. However, not all countries are spending less. Military spending in North America and in Western and Central European countries has continued to decline, while other countries such as ...
This story was originally published by 24/7 Wall St. Worldwide military expenditure shrunk in 2013 for the second consecutive year, falling by 1.9% to $1.75 trillion. The 100 largest arms-producers sold a combined $402 billion worth of arms and military services in 2013, also down -- for the third consecutive year. However, not all countries are spending less. Military spending in North America and in Western and Central European countries has continued to decline, while other countries such as ...
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