World military spending has reached a new record high of $2.24 trillion in 2022, according to new data published by the Stockholm International Peace Research Institute (SIPRI). That’s up 3.7% since the previous year, including the steepest increase among European nations since the end of the Cold War over 30 years ago.

Source: The US Still Spends More on Its Military Than 144 Nations Combined – CounterPunch.org