Brazil's
defense spending in 2012 may increase by 18 percent to $34.9 billion.
In the beginning of 2011, the Brazilian authorities were going to
considerably cut the defense spending, which infuriated the military.
Brazilian defense
officials said that in the beginning of the year there was such a need
to find extra funds to liquidate the consequences of natural disasters,
particularly massive floods in January. Nowadays, the officials claim
that there is no reason to continue the practice.
The underfunding of 2011
has already affected the program of the modernization of military
hardware, Brazilian generals said. In case the government decides not to
assign additional funds on defense, the country will not be able to
respond to potential threats from abroad. Read Here
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