05-04-2016 07:14 via news.yahoo.com

Global military spending nearly $1.7T amid Mideast conflicts

DUBAI, United Arab Emirates (AP) — Global military spending rose in 2015 to nearly $1.7 trillion, the first increase in several years, driven by conflicts including the battle against the Islamic State group, the Saudi-led war in Yemen and fears about Iran, a report released Tuesday shows.
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