Russia forced to cut military spending for first time in 20 years, even as neighbours boost budgets

Russian military spending fell by 20 per cent last year, even as European nations hiked their defence budgets for fear of Vladimir Putin's expansionist ambitions. The cut — the first decrease in Russia's military spending since 1998 — drops the superpower to fourth place on the list of the world's biggest military spenders behind the United States, China and Saudi Arabia.
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