Global military spending rises to level not seen since Cold War

Defence expenditure rose by 9.4 percent worldwide in 2024 amid wars in Ukraine and Gaza, with researchers warning that rising military budgets will mean less funding for social welfare and humanitarian aid. Also in this edition: France aims to merge or eliminate one third of its government agencies amid a deficit crisis. Plus, the Chinese city of Chengdu sees a boom in panda tourism.

Apr 28, 2025 - 15:00
182112
Global military spending rises to level not seen since Cold War
Defence expenditure rose by 9.4 percent worldwide in 2024 amid wars in Ukraine and Gaza, with researchers warning that rising military budgets will mean less funding for social welfare and humanitarian aid. Also in this edition: France aims to merge or eliminate one third of its government agencies amid a deficit crisis. Plus, the Chinese city of Chengdu sees a boom in panda tourism.
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