Posted by Ricardo under News
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If you’ve been following Latin America at all, you know that Hugo Chavez is having a DoD-style procurement-fest. With oil at $90, Chavez bought 100,000 new AKs for the army, 53 Russian helicopters, 24 of one of the most modern combat aircraft in the world (SU-30), 3 complete systems of what is arguably the most advanced non-American surface-to-air missile in the world (TOR-M1), and 5 brand-spanking new submarines.
So, great: Hugo’s all dressed up now, but he’s got no party to go to–no reason to brandish (or if lucky, use) his new toys, right?
I opened up Folha, Brazil’s largest newspaper, and look what popped out:
“Chávez says he’ll develop peaceful nuclear program.”
Checked into original source and here it is, a video interview courtesy of the French news channel, France24, which for all the hoopla about wanting to be the non-American answer to CNN, forgot to put up an English transcript:


Ah nuts. Chavez’ spending spree is already making Lula spend $3.6 Billion on new fighters for the Brazilian Air Force. Wait and see–if this keeps going, you’ll see the US offering the Joint Strike Fighter and other export-restricted goodies to Brazil at bargain prices, much like it did with Chile in the 1990s. To add insult to injury, Chile paid what were arguably inflated prices (to placate Congress) for second-hand goods.
Ah, who am I kidding. Brazil is going to buy some crash-prone, short-ranged Swedish contraption or a French plane which took 15 years from sketch to takeoff.