Why the world is spending more on weapons than ever before

According to a report by the Stockholm International Peace Research Institute (SIPRI), governments worldwide spent nearly $3 trillion on military equipment in 2025. This represents the highest level of military spending ever recorded after 11 years of growth in a row. As the global defence industry continues to expand in the face of ongoing geopolitical upheavals, should the world brace itself for more conflicts to come, or could the spending ensure peace through deterrence? Guests: Lorenzo Scarazzato Researcher in the SIPRI Military Expenditure and Arms Production Programme David Andrews Senior Policy Advisor at the Australian National University's National Security College Robert E Hamilton President of the Delphi Global Research Center Paul Ingram Director of the Global Stability Network #War #Military #theNewsmakers