Russia spends more of its wealth on arms than US in 2013
 

14-04-14 02:35 AM

Russian defence spending rises by 4.8% to $88bn, devoting larger share of GDP on military than US for first time since 2003 Russia spent a higher proportion of its wealth on arms than the US last year for the first time in more than a decade, according to figures published on Monday by a leading international research body that highlights Moscow's resurgent military ambition as it confronts the ...

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