(Opinion) Brazil’s Real Plan in the 1990s achieved two remarkable things. First, it halted a long spell of inflation. Second, it averted the dollar’s grip on the economy, a path Argentina took with its Convertibility Plan. Unlike Argentina, where the dollar rules, Brazil shuns the U.S. currency. Walk into a shop in São Paulo or […]
Related Posts
Brazil’s Strategic Investment in its Naval Forces
In 2024, the Brazilian Navy commissions the Humaitá (S41), the second Riachuelo-Class submarine, marking a milestone in its PROSUB. This achievement follows rigorous maintenance and testing phases, underscoring Brazil’s commitment to enhancing its naval capabilities. The Humaitá underwent RANAE maintenance, meticulously handled by Itaguaí Construções Navais (ICN) in collaboration with France’s Naval Group. This detailed […]
Brazil’s Environmental Strategy Showcased at COP28
Brazilian President Luiz Inácio Lula da Silva is set to showcase his achievements in combating Amazon deforestation at COP28. He aims to highlight strategic measures against climate change and propose new initiatives for forest protection. Lula’s commitment to ending illegal deforestation by 2030 has already yielded the best results in four years. The reduction in […]
From Pacifist to Powerhouse: Japan’s 6th Gen Fighter Jet Export Plans
Japan is transitioning from its pacifist post-World War II stance to a significant defense exporter role globally. Tokyo has approved a plan to export advanced fighter jets developed with the UK and Italy under the Global Combat Air Programme (GCAP). This strategic move aims to enhance Japan’s defense capabilities and deepen international defense and technology […]