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Buy the bullet: global defence spending

The Intelligence from The Economist

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Rising Seas of Defense Spending

This chapter explores contemporary global defense dynamics, focusing on a new study measuring perceived nonsense in military expenditures across English-speaking countries. It discusses China's 70th Navy anniversary, showcasing military advancements and escalating tensions with the U.S. amid significant increases in defense budgets worldwide, highlighting shifts in power dynamics and military capability investments, particularly in Asia and Europe.

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