Posted on April 25, 2017 3:32 pm
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Categories: World

Armies in the Times of Peace: Colombia and Argentina Only South American Nations to Increase Military Spending (E)

Colombia and Argentina are the only Latin American countries that have increased military spending, said the Stockholm Peace Institute (SIPRI) in its annual report. As a whole, military investment in South America continues to decline due to the positive security environment in the region, although the cases of Colombia with an increase of 8.8 percent and Argentina with 12 percent stand out, the report said. TeleSur