The 6.8% increase between 2022 and 2023 was the steepest since 2009, pushing spending to the highest recorded by the Stockholm International Peace Research Institute (Sipri) in its 60-year history

For the first time, analysts at the thinktank recorded a rise in military outlay in all five geographical regions: Africa, Europe, the Middle East, Asia and Oceania and the Americas.

    • BertramDitore@lemmy.world
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      8 months ago

      Yup, it is. I can’t really conceptualize a thousand billions or a trillion, though. These are not numbers that translate to reality in any practical way for me.

      • Saik0@lemmy.saik0.com
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        8 months ago

        And looking at the report they are talking about European billions

        So you believe they’re talking about $2,400,000,000,000,000… When the US defense budget which is 37% of global spending according to the article is $850,000,000,000.

        Sorry, but I don’t think so. I think that nobody uses the “European” definition of billions, and that nobody has used it in a long time (since 1975 last I checked).

        Edit: I should clarify, nobody writing in English is using that definition.

        • Riddick3001@lemmy.worldOP
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          8 months ago

          You are correct. I looked it up and re-read it. Tnx for clarifying. I’ll delete my irrelevant comment.