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Hard Numbers: New records set in global defense spending and journalist deaths, Danes joke about buying California, Japan may u-turn on nuclear energy
In 2024, global defense spending rose to a new height of $2.46 trillion, according to the London-based International ...
PMLiVE2mon
Purchasing power parities (PPP)
The PPP exchange-rate calculation has beeen considered controversial because of the complications in finding comparable baskets of goods to compare purchasing power across countries.
Breaking Defense2d
Russia overtakes all of Europe on defense spending in key metric: IISS military balance
The spending figures included in the think tank’s newly published Military Balance report also show that in real-terms, Russia’s military expenditure increased by over 40 percent in 2024.
Meduza1d
Russia’s military spending soars, surpassing all of Europe’s defense budgets combined — The Financial Times
Russia’s defense spending surged 42 percent in 2024, reaching 13.1 trillion rubles, or approximately $462 billion in purchasing power parity, The Financial Times reported on February 12, citing data ...