Analyzing Defense Race in Russia, U.S., and China

(Opinion) Global military budgets are surging as we near 2024, igniting critical questions about priorities and fiscal responsibility. Startlingly, Russia has increased its defense budget by 70%, allocating $112 billion. Meanwhile, the Pentagon’s 2023 budget is around $800 billion in the United States. Even China surprises us with a defense budget of about $700 billion. […]

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