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Weekly Report - 8 November 2007 (INNS 1741-7422)
BRAZIL: Brazil joins South American arms race
Earlier this week President Lula da Silva authorised Brazil's air force to
spend US$2.2bn on new war planes, marking the country's entry into the South
American arms race. Brazil's last big purchase of military equipment was in
2001. The Lula administration has since put the previous government's military
re-equipment plan on hold. However, the recent military purchases made by
President Hugo Chávez of Venezuela forced Lula to review his government's
military policy and spending.
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