Nukes spending rises amid growing global tensions — studies

The world’s nine nuclear-armed states spent altogether $91.4 billion (€85.4 billion) on their arsenals in 2023, a $10.7 billion increase on the year before, according to a report by the Geneva-based International Campaign to Abolish Nuclear Weapons (ICAN).

Global spending on nuclear weapons was equivalent to $2,898 per second.

The United States was responsible for the vast majority — 80% — of the increase in spending. Washington invested $51.5 billion in modernizing its nuclear…