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IISS Military Balance Report: Defence spending at new high amid deteriorating global security

04:43 Min

The worsening global security landscape drove defence spending to new highs last year, according to a new report by the International Institute for Strategic Studies. Defence spending across Asia and Europe rose in the wake of the ongoing war between Russia and Ukraine, as well as China's increasing activities in the Indo-Pacific. Olly Barratt reports from London.

The worsening global security landscape drove defence spending to new highs last year, according to a new report by the International Institute for Strategic Studies. Defence spending across Asia and Europe rose in the wake of the ongoing war between Russia and Ukraine, as well as China's increasing activities in the Indo-Pacific. Olly Barratt reports from London.

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