Slight increase in global military spending in 2014. - In 2014, military spending in the world will increase for the first time in five years, encouraged by spending in Russia, Asia and the Middle East, according to a study published by defence, security and intelligence analysts at IHS Jane's Defence. Jane's examined the budgets of 77 countries that account for 97% of military spending in the world. The increase will, however, be very slight, of the order of 0.6% to a figure of $1,547...