NEW COLD WAR: TWO YEARS OF WAR IN UKRAINE AND THE RISE OF GLOBAL DEFENSE SPENDING.

The world has experienced an intensification of armed conflicts, most notably the War in Ukraine, which began on 24 February 2022 and is now two years completed. As a result, in 2023, this situation has led many countries to spend the most money since the end of the Second World War in 1945. This increase has occurred mainly in member countries of the North Atlantic Treaty Organization (NATO), such as the United States, Poland, and European Union (EU) members. Sweden, which is still in the membership process of NATO, already has its defense budget aligned with the organization. Brazil, for its part, has not shown any budgetary adjustments in the face of the current situation of a New Cold War.