World facing ‘dangerous decade’ amid increased instability, military spending: Think tank

International Institute for Strategic Studies (IISS) says the world faces a more “dangerous decade” as military spending rises and tensions soar across the globe.

Researchers said the ongoing wars in Ukraine and Gaza indicate that military powers could evoke a “might is right approach” to pursue claims.

It comes amid the collapse of major accords such as the Conventional Forces in Europe Treaty , which limited conventional military equipment.