GLOBAL INVESTMENT IN MILITARY SPENDING FOR 2013 DROPS FROM THE US, CHINA, RUSSIA,SAUDIA ARABIA, FRANCE, UK, GERMANY, JAPAN, INDIA, AND SOUTH KOREA 한글

Global arms investment in 2013 fell by 1.9 percent from the year before, mainly due to a sharp drop in military spending by the United States, a Swedish arms watchdog said Monday.
According to the annual report by the Stockholm International Peace Research Institute, countries worldwide spent $1.7 trillion on boosting their militaries. The annual budget of the U.S. came first with $640 billion, but was 7.8 percent less than the year before.
With the exception of the U.S., however, the world saw a 1.8 percent increase in military expenditure. China was the second-biggest arms spender with $188 billion, while Russia, in third place, boosted its budget 4.8 percent to $87.8 billion.
South Korea was the 10th largest spender with $33.9 billion, which accounted for 2.8 percent of its gross domestic production.

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