A World Preparing For Conflict: Global Military Spending Rises For The First Time In Five Years

As Bloomberg reports, the Stockholm International Peace Research Institute is out with their latest military spending report, and it looks as though many countries around the globe are preparing for more conflict in the coming years, if only based on the recent jump in military-related spending. In aggregate, world military expenditures rose to $1.7 trillion in 2015, an increase of about 1% from last year. According to SIPRI, this was the first increase in global military spending since 2011.