The world is arming itself at the fastest rate since near the end of the Cold War, according to a new report, as major wars ...

The world is now rearming at the fastest rate since the Cold War, with a 9.4 percent increase in military spending around the world – the highest rate in figures going back to 1988.

The United States remains by far the world’s biggest military spender – almost a trillion dollars in 2024, the report said. Big ticket items in the US budget included F-35 stealth fighters and ...