The faction of Portugal will be discussed in this thread.
By 1700 Portugal had already lost it's position of comercial monopoly throughout Asia, Africa, Indonesia and the trade between Africa and the Americas. After the Dutch-Portuguese war, which was the first intercontinental war the United Provinces were able to occupy Indonesia, Ceylan, a substancial part of India and monopolize the trade between Japan, although portuguese comercial indentities remained there and were still active. In Africa the Dutch ocupied the region around the cape of of good hope and ocupied Portuguese Ginnea.
While they had lost their monopoly in Asia and Indonesia, the Portuguese were able to win back South America, most of their previous African territories and they were still present in Asia and Indonesia, more speciffically portuguese India, Macau and the eastern half of Timor. Several archipelagos in the Atlantic and along the coast Africa were also under portuguese control.
By this time the Empire was practically present in every continent although not as much as it was during the 16th century, still, several expansion policies and economical reforms were made during the 18th century, a century mostly of constant change and evolution for Portugal.
During the 18th century the inland territories of Brazil were further explored and occupied, the region of Uruguai was in contest with the Spanish and was later on sucessfully under portuguese control.
Portuguese India, mostly Goa, expanded throughout a substancial part of the 18th century, while still holding other scatered territories India such as Damão, Bacaim, Vasai, Chaul, Korlai and Forte de Corjuem, just to name some.
In Africa both Angola and Moçambique gradually expanded and occupied further inland territory, there was a short conquest of the province of Mombassa.
While this century was of change, it was also of great wealth, it was the Portuguese currency at this time that was the main international coin and the one most used in the Americas, it was known as the "moidore", even in England during this time there were entire regions using the portuguese coin, in part because there were several pirate and corsack raids in the port of the city of Porto waiting from the gold shipments from Brasil, and in the other part because of the Meduem treaty.
It was during this time that the largest gold rush in the Americas and one of the largest in history (if not the largest) occored, the gold rush in the Minas Gerais region is estimated to have been a minimum of 10 to 12 times greater than the Californian Gold Rush, to such a point that most gold in Europe during the 18th century came from Brasil.
Other main sources of wealth for Portugal during this century were sugar plantations, tobaco plantations(the largest during the 18th century), precious minerals such as diamonds which came from both Africa and Brasil and of course spice exchange and production.
More will be told shortly after, stay tuned.