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Spending this year by NATO countries combined on major defense equipment is expected to expected to increase 25 percent versus an estimated 8.5 percent rise in 2022, according to an Alliance report released last Friday showing defense expenditures by country between 2014 and 2023. The report also estimates that NATO defense spending in the aggregate will increase 8.3 percent in 2023 versus 2 percent in 2022 and 2.8 percent and 4.6 percent, respectively, in the previous two years. In 2006,…
