Military spending down worldwide in 2014. - World military expenditure stood at $1,800 billion in 2014, a slight fall of 0.4% in real terms since 2013, according to the figures published on Monday 13 April by the Stockholm International Peace Research Institute (SIPRI). Additionally, the number of countries spending more than 4% of their GDP on the military sector has increased, from 15 to 20 in 2014, and only three of these countries have a democratic system of governance. Having fallen for...