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UK boosts military spending, mirroring sharp global increase in defense outlays

War in Ukraine and the Middle East, combined with rising tensions in the Pacific, helped push global military spending up 6.8% in 2023 to $2.4 trillion.

The 2023 increase was the largest since 2009, according to the Stockholm International Peace Research Institute, raising military outlays to their highest since the Institute began tracking them in 1998…