World military spending falls, but China, Russias spending rises, says SIPRI
News release: “World military expenditure totalled $1.75 trillion in 2012, a fall of 0.5 per cent in real terms since 2011, according to figures released today by Stockholm International Peace Research Institute (SIPRI). The comprehensive annual update of the SIPRI Military Expenditure Database is accessible here. The fallthe first since 1998was driven by major spending …