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Brazil’s Military on Spending Spree

By Jaylan Boyle, Contributing Reporter

RIO DE JANEIRO - The Brazilian government has gone on a spending spree in Europe to reinvigorate the infrastructure and equipment of its defense forces.

In defiance of the recession, Brazil has increased its defense procurement budget from US$3.6 Billion to US$5.6 Billion, and will include the building of four nuclear-powered submarines with the assistance of French contractors.

The scramble to get a share of the Brazilian arms market is reportedly causing excitement among European suppliers, with the government indicating that it is prepared to deal with any sovereign nation, rather . . .

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