Russia drops out of top 5 global military spenders while US and China up the ante | WHAT REALLY HAPPENED

Russia drops out of top 5 global military spenders while US and China up the ante

Russia has dropped out of the top five countries with the largest defense spend for the first time since 2006, according to new international data Monday.

Total world military expenditure rose to $1.8 trillion in 2018, according to new data from the Stockholm International Peace Research Institute (SIPRI), marking an increase of 2.6% from 2017 and the highest total spend since 1988.

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