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IBN Live reports that “World military expenditure has once shown an upward trend in 2015, according to the data released by Stockholm International Peace Research Institute (SIPRI). As expected the United States of America is still the world’s biggest spender, despite its expenditure falling by 2.4% to $596 billion.”  

“Among the other top spenders, China took the second spot with its expenditure rising by 7.4% to $215 billion, Saudi Arabia’s grew by 5.7% to $87.2 billion, and Russia’s increased by 7.5% to $66.4 billion.”  

“The United Kingdom is at number 5 with a spending of $55.5 billion while India, which is flanked by two major adversaries in Pakistan and China, spent $51.3 billion to take the sixth spot. The other countries in the top 10 are France, Japan, Germany and South Korea.”

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