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Study: Mideast Military Expenditures Increasing

Post-Arab Spring political tensions are driving up military spending in the Middle East, analysts say. Expenditures escalated to an estimated $150 billion in the region in 2013. Saudi Arabia, Iraq and Bahrain are the countries spending the most on its military. According to a recent report by the Stockholm International Peace Research Institute (SIPRI), Saudi Arabia’s military spending increased to $67 billion, making the kingdom the world’s fourth largest military spender after the...

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