Aronno Das

Fear of horrific war is the world's military spending rise!. Content Warning.

In the world, the world's military expenditure is overwhelming in fear of a horrific war. In the midst of the ongoing global economic crisis and downturn, the Ukraine-Russia war and the heated situation in the Middle East are increasing the expenditure of most countries in the world unprecedentedly. The adverse effects of this trend have begun to become clear from the last 2022. Europe, Asia-Pacific, and the Middle East, especially in the Middle East, have increased the military budget from 5% to 5% in recent years. Moreover, the approximately 3-5% of the global arms trade is going straight to the Arab countries in the Middle East.