MOSCOW – Russia’s defense budget in 2018 was $ 61.4 billion. As a result, Moscow will occupy the sixth position in the world index of military spending, composed of the International Institute for Peace Studies in Stockholm. In 2018, Moscow reduced military spending by 3.5%. Thus, Russia lagged behind the United States, China, Saudi Arabia, … Continue reading REFUSING THE ARMS RACE: Russia No Longer Top 5 Military Spender