The World’s Poorest Continent Spent an Extra $50 Billion on Weapons Last Year

Good news, world military spending declined last year.

According to several new reports published by the Stockholm International Peace Research Institute, global military spending decreased by 0.4 percent in 2014.

Unfortunately, that decrease is due to America’s military spending cuts. Excluding the United States, spending actually went up 3.1 percent across the globe — and nowhere did it increase more dramatically than in Africa. …

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