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Military Spending Rises in Asia, Middle East

U.S. defense spending dropped to 38 percent of the global total in 2014, compared to its 47 percent share in 2010, according to an assessment of global military capabilities published Wednesday in Britain.  Analysts at the International Institute for Strategic Studies says the shift comes as military spending in the Middle East and Asia rises dramatically. In the Middle East and North Africa, nominal defense spending is estimated to have risen by almost two-thirds since 2010; In...

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