Tag Archives: Military budget

China’s Defense Budget Increases by 10.7% for 2013

China is to increase its defense budget by 10.7 per cent this year. The rise continues a trend of double-digit hikes over the last 20 years. The authorities said military spending will reach 90 billion euros for 2013. Despite the huge cash … Continue reading

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The TOP 10 Military Spenders in 2010

Continuing downfalls or slower increases in economic activity in the world today represent a delayed reaction to the global financial and economic crisis that broke in 2008. In Europe, governments began to address soaring budget deficits, having previously enacted stimulus packages in … Continue reading

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