00:00UN Secretary-General Antonio Guterres is calling on governments to stop what he calls the madness of unchecked military spending
00:08worldwide.
00:09He is urging leaders to reverse the rise in defence budgets and push for urgent efforts to end ongoing conflicts.
00:18He made the remarks at the opening of the UN's Forum on Financing for Development.
00:24Guterres warned that continuing wars are pushing sustainable development further out of reach and weakening global stability at a critical
00:31time.
00:32Global defence spending reached a record high of more than US$2.7 trillion in 2024, marking a 9.4
00:40% increase from the previous year and the largest rise since the end of the Cold War.
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