IBOV 206,220.24 ▲ 0.94% IPSA 11,024.22 ▲ 0.22% IPC MEX 64,986.91 ▲ 0.52% MERVAL 2,832,472 ▲ 0.30% COLCAP 2,525.90 ▼ 0.36% BVL PERÚ 60,766.81 ▼ 1.71% USD/BRL5.02▼ 0.11% USD/MXN18.17▼ 0.13% USD/CLP977.35▼ 0.18% USD/COP3,220▼ 0.84% USD/PEN3.43▼ 0.42% USD/ARS1,516▼ 0.03% USD/UYU40.15▲ 3.33% USD/PYG5,722▲ 1.33% USD/BOB11.77▲ 1.12% USD/DOP61.06▲ 1.43% USD/CRC450.81▲ 1.91% USD/GTQ7.64▲ 3.28% USD/HNL26.86▲ 0.86% USD/NIO36.62▲ 0.31% USD/VES873.46▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 2.40% EUR/BRL5.63▲ 0.21% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 206,220.24 ▲ 0.94% IPSA 11,024.22 ▲ 0.22% IPC MEX 64,986.91 ▲ 0.52% MERVAL 2,832,472 ▲ 0.30% COLCAP 2,525.90 ▼ 0.36% BVL PERÚ 60,766.81 ▼ 1.71% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Business - Brazil Local Business

Argentina Fans Expected to Boost Rio Economy: Daily

By · July 11, 2014 · 2 min read

By Chesney Hearst, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – While worries increase that Argentina’s financial crisis could affect Brazilian production and exports, in Rio de Janeiro, officials forecast that the more than 100,000 tourists from Argentina expected to arrive for the 2014 FIFA World Cup final could inject upwards of US$100 million into the state’s economy.

Terreirão do Samba Argentina Fans, Rio de Janeiro, Brazil, Brazil News, Estádio do Maracanã, Argentina, Argentina Fans, Germany, World Cup 2014, FIFA, Brazilian World Cup, Argentine, Tourists to Rio, Visitors in Rio, Campers in Rio, Hotels in Rio, Cláudio Magnavita,
Argentina fans and campers at Rio de Janeiro’s Terreirão do Samba, photo by Tânia Rêgo/Agência Brasil.
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To earn their spot in the final, Argentina edged out Holland 4-2 during penalties to win their semi-final match on Wednesday, July 9th. They will go up against Germany, who devastated Brazil 7-1 during their semi-final match on July 8th.

Argentina’s fans are now following them in droves to Rio de Janeiro, filling the city with the colors blue and white and the sounds of Spanish songs and chants as they gear up in support for their team.

While neighboring Argentina’s squad is a notorious rival of Brazil, Rio vendors, retailers, restaurants and hotels aim to make the Argentinian tourists’ stay enjoyable.

Cláudio Magnavita, the Rio de Janeiro State Secretary of Tourism, told Agência Brasil that Rio will become a “champion as host, since it was not possible to be a champion of football [soccer].”

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According to the State Secretary of Tourism, hotels in the city are already at 90 to 100 percent capacity and the camping sites of Terreirão do Samba and the Sambódromo, in Centro (Downtown) Rio have received, as of Thursday, July 10th, more than 200 cars, trucks, trailers and motor homes.

The Terreirão do Samba was designated for parking and camping after numerous issues arose from vehicles parked illegally in and around Leme Beach in Rio’s Zona Sul (South Zone) near the FIFA Fan Fest area. Once established, vendors also set up shop in the Terreirão do Samba area to help accommodate the tourists.

According to the Ministry of Tourism, the World Cup has boosted the economy throughout Brazil with foreign tourists and Brazilians having spent approximately R$4.05 billion in the twelve Brazilian host cities thus far during the tournament.

The 2014 FIFA World Cup final match will take place at the legendary Maracanã Stadium this Sunday, July 13th, at 4PM.

Read more (in Portuguese).

* The Rio Times Daily Updates feature is offered to help keep you up-to-date with important news as it happens.

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