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(Reuters) Brazil and the European Union agreed on Monday to lay an undersea communications cable from Lisbon to Fortaleza to reduce Brazil's reliance on the United States after Washington spied on Brasilia.
At a summit in Brussels, Brazilian President Dilma Rousseff said the $185 million cable project was central to "guarantee the neutrality" of the Internet, signaling her desire to shield Brazil's Internet traffic from U.S. surveillance. According to other sources, the construction is scheduled to begin in July.
A joint venture between Brazilian telecoms provider Telebras and Spain's IslaLink Submarine Cables would lay the communications link. Telebras would have a 35 percent stake, IslaLink would have a 45 percent interest and European and Brazilian pension funds could put up the remainder.
(Score: 1) by xvan on Tuesday February 25 2014, @06:57PM
That doesn't hold...
American (as a continent) nations are, in many cases, older than some European countries. IE. Italy.
The fact that they had a previous 'history' to the foundation of the current country doesn't mean they didn't had (or have today) any issues developing their national identity.
The only reason Europe lost it's imperialist edge, was that after WW2 colonialism was exhausted and the US way of economic imperialism made good business opportunities.