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Firing blanks: The UK’s $61.5 billion military expenditure in 2020 is a misguided attempt to show it’s still a global big gun

The coronavirus pandemic cost the world trillions of dollars in lost economic output last year, with most countries entering recession at some point during 2020. Despite the world economy contracting by 4.4%, last year’s global military expenditure reached new heights, at almost $2 trillion (USD). This is a 2.6% increase on the previous …

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