STOCKHOLM (AP) — Global military spending dipped last year for the first time since 1998 as defense outlays shrank in the West but rose in Russia, China and the Middle East, a Swedish-based arms watchdog said Monday.The Stockholm International Peace Research Institute said the world spent $1.75 trillion on its armed forces in 2012, down 0.5 percent from the year before.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=90096