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Who spends the most Russia's defense spending in 2024 ... Additionally, Putin has approved the 2025 budget, which includes a record amount for conducting the war against Ukraine.

Almost one third of Russia's total expenditures is classified and the word "secret" appears 39 times in the budget when it was adopted last December, the Russian news outlet RuNews24.ru reported.

British Foreign Secretary David Lammy stated that the U.K. aims to increase defense spending to 2.5 percent of GDP by 2027.

Vladimir Putin ... and Russia is not far behind. The report suggests that global stability remains a pipe dream. However, experts note that there is a bright side to the growing defense spending.

The European Union has now targeted Moscow’s fleet of covert oil tankers and plans more restrictions, as the Trump ...

May 2, 2025: Russian defense spending reached nearly half a trillion dollars last year, which is 6.7 percent of GDP. It is also more than the combined spending of all the other European countries.

Russia is expanding its troop presence along stretches of its border with the West, ramping up its military spending at a record pace, and intensifying covert operations against the West.