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Fiscal Woes Hit 50% of Brazil’s Cities
In 2023, half of Brazil’s municipalities faced severe fiscal challenges, as reported by the National Confederation of Municipalities (CNM). Their study, The Context of the Fiscal Crisis in Municipalities, revealed a staggering deficit of R$17.9 billion ($3.42 billion). Consequently, many municipalities struggled to generate enough revenue to provide essential public services. Major expenses included personnel […]
The Potential Militarization of BRICS: Implications for Brazil’s Defense Strategy
(Analysis) The BRICS diplomatic bloc will convene in Russia later this month, with two of its members, Moscow and Tehran, currently embroiled in conflicts. Security is on the official agenda. Analysts worry that Russia and China might push for military discussions within the group. This could potentially lead to a future military alliance. Such a […]