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Russian Yars intercontinental ballistic missile launcher takes part in the Victory Day military parade general rehearsal on the Red Square in Moscow, Russia, on May 5, 2024.

Maxim Shipenkov/Pool via REUTERS

Hard Numbers: New records set in global defense spending and journalist deaths, Danes joke about buying California, Japan may u-turn on nuclear energy

2,460,000,000,000: In 2024, global defense spending rose to a new height of $2.46 trillion, according to the London-based International Institute for Strategic Studies think tank. Worth noting: The Kremlin outpaced all other European countries combined. Russia’s military expenditure equated $461.6 billion in purchase parity terms, eclipsing Europe’s $457 billion.
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