13 Apr '15, 5pm

#US #military expenditures seven times higher than #Russia's in 2014

#US #military expenditures seven times higher than #Russia's in 2014

© Sputnik/ Alexandr Kryazhev US-NATO Concerned About Declining Technological Edge Over Russia, China MOSCOW (Sputnik) — Despite the fact that the United States has decreased its military spending in 2014, its expenditure was still seven times higher than Russia's, the Stockholm International Peace Research Institute reported Monday. According to the institute's report, the United States spent $610 billion on its military last year, almost three times more than the second-biggest spender, China, who is estimated to have spent $216 billion. Russia's defense spending is estimated at $84.5 billion. "US military spending continues to run at historically high levels and is around the same level in real terms as at its previous peak in the late 1980s," the Institute said. © Top81 Chinese Army Gets Brand New Early Warning and Control Aircraft Both China and Russia increased their ...

Full article: http://sputniknews.com/us/20150413/1020837383.html

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