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Australia Announces $21 Billion Defense Expansion

Australia will spend an extra $21 billion in defense spending over the next decade. The government says it reflects concern over rapid militarization in the Asia-Pacific region. The specifics of Australia's defense priorities for the next decade were revealed in a policy document released Thursday by Australian Prime Minister Malcolm Turnbull. The biggest investment will be the construction of 12 submarines, with additional funds for other naval vessels, fighter jets and more than...

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