IBOV 176,445 ▼ 0.80% IPSA 10,967 ▼ 0.81% IPC MEX 66,267 ▼ 0.34% MERVAL 3,272,388 ▼ 0.24% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▼ 0.06% USD/BRL5.13▲ 0.44% USD/MXN17.51▲ 0.25% USD/CLP929.96▲ 0.55% USD/COP3,237▼ 0.27% USD/PEN3.40▲ 0.36% USD/ARS1,485▼ 0.20% USD/UYU 40.22 — 0.00% USD/PYG6,045▼ 0.17% USD/BOB10.35▲ 2.07% USD/DOP58.37▼ 0.19% USD/CRC448.53▼ 0.06% USD/GTQ7.62▼ 0.10% USD/HNL26.73▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▼ 0.25% USD/TTD6.74▼ 0.12% EUR/BRL5.84▲ 0.42% BRENT 80.03 ▲ 5.29% WTI 75.09 ▲ 5.15% IRON ORE 161.91 — — COPPER 6.29 ▲ 0.84% GOLD 4,003 ▼ 2.45% SILVER 57.86 ▼ 3.26% SOY 1,199 ▲ 0.17% CORN 466.50 ▲ 6.51% WHEAT 638.50 ▲ 1.03% COFFEE 330.10 ▼ 3.76% SUGAR 14.68 ▼ 1.34% ORANGE JUICE 142.35 ▼ 3.72% COTTON 81.49 ▲ 1.96% COCOA 5,825 ▼ 1.59% BEEF 235.45 ▲ 0.11% CATTLE 356.28 ▲ 0.47% LITHIUM 70.37 ▼ 2.70% PETR4 40.76 ▲ 2.80% VALE3 72.94 ▼ 1.67% ITUB4 43.80 ▼ 1.13% BBDC4 18.84 ▼ 0.11% ABEV3 15.84 ▲ 0.13% BBAS3 20.32 ▼ 1.26% B3SA3 15.09 ▼ 2.14% WEGE3 44.45 ▼ 4.43% PRIO3 56.41 ▲ 1.73% SUZB3 41.61 ▲ 0.14% RENT3 40.61 ▼ 1.19% AZZA3 19.23 ▲ 0.68% CSAN3 3.95 ▼ 2.95% RAIZ4 0.34 ▼ 2.86% PCAR3 2.66 ▼ 2.56% GMAT3 4.01 ▲ 1.01% PSSA3 54.00 ▼ 1.76% CVCB3 1.25 — 0.00% POSI3 3.91 ▼ 1.51% SLCE3 14.03 ▲ 0.07% NATU3 8.69 ▲ 0.12% BRKM5 6.71 ▲ 1.21% RANI3 7.99 ▼ 0.25% CSNA3 5.23 ▲ 0.97% CMIN3 5.47 ▲ 4.59% USIM5 8.43 ▼ 0.24% GGBR4 23.09 ▲ 0.35% ENEV3 27.03 ▼ 1.89% CPFE3 47.13 ▼ 1.55% CMIG4 11.12 ▼ 2.28% EQTL3 40.44 ▼ 1.15% LREN3 14.45 ▼ 1.16% VIVT3 35.28 ▼ 1.31% RAIL3 14.14 ▼ 1.53% KLABIN 17.54 — 0.00% RAIA DROGASIL 18.36 ▼ 2.18% RDOR3 35.70 ▼ 0.89% HAPV3 10.57 ▼ 0.28% FLRY3 16.31 ▼ 0.67% SMTO3 16.73 ▲ 2.20% UGPA3 31.00 ▲ 0.94% VBBR3 33.27 ▲ 0.82% BBSE3 40.15 ▼ 0.50% BPAC11 58.05 ▼ 1.16% CURY3 33.58 ▼ 1.84% AERI3 2.05 ▼ 1.91% VIVARA 23.21 ▼ 1.36% COMPASS 25.19 ▼ 1.22% VAMOS 3.05 ▼ 0.33% SANB11 27.26 ▼ 1.30% ASAI3 8.78 ▼ 1.01% SBSP3 30.53 ▼ 1.86% WALMEX 49.88 ▲ 1.14% GMEXICO 196.01 ▼ 1.62% FEMSA 226.42 ▲ 1.39% CEMEX 21.75 ▼ 0.50% GFNORTE 184.83 ▼ 0.94% BIMBO 56.32 ▲ 0.39% TELEVISA 9.55 ▼ 1.85% AMX 23.08 ▲ 1.67% GAP 407.90 ▼ 1.11% ASUR 279.84 ▼ 1.85% OMA 232.12 ▼ 1.84% KOF 181.12 ▲ 0.54% GRUMA 283.50 ▼ 0.02% KIMBER 38.32 ▲ 0.66% SQM-B 67,180 ▼ 0.84% COPEC 6,088 ▼ 0.84% BSANTANDER 77.72 ▼ 1.62% FALABELLA 5,987 ▲ 1.39% ENELAM 84.39 ▼ 1.18% CENCOSUD 2,045 ▼ 0.00% CMPC 1,097 ▼ 1.07% BANCO CHILE 184.72 ▼ 2.20% LATAM AIR 25.43 ▼ 3.16% YPF 77,200 ▲ 3.76% GGAL 8,205 ▼ 1.56% PAMPA 5,295 ▲ 2.22% TXAR 667.00 ▼ 0.60% ALUAR 978.00 ▲ 0.26% TGS 9,845 ▲ 2.61% CEPU 2,362 ▼ 1.42% MIRGOR 16,975 ▼ 1.59% COME 45.10 ▼ 1.76% LOMA NEGRA 3,540 ▼ 1.19% BYMA 307.00 ▼ 2.23% TELECOM ARG 4,215 ▼ 0.71% ECOPETROL 15.80 ▲ 1.41% BANCOLOMBIA 81.28 ▼ 2.01% GRUPO AVAL 5.00 ▼ 1.38% CREDICORP 392.18 ▼ 2.15% SOUTHERN COPPER 175.76 ▼ 0.04% BUENAVENTURA 29.88 ▼ 0.42% MERCADOLIBRE 1,872 ▲ 1.07% NUBANK 13.77 ▲ 0.04% XP 16.47 ▼ 2.66% PAGSEGURO 9.36 ▲ 1.19% STONE 11.27 ▲ 0.49% GLOBANT 32.06 ▲ 6.99% TECNOGLASS 42.45 ▼ 3.30% GAP AIRPORT 232.97 ▼ 1.13% ASUR 279.84 ▼ 1.85% OMA AIRPORT 106.06 ▼ 1.84% AMX ADR 26.31 ▲ 1.15% FEMSA ADR 129.20 ▲ 1.21% CEMEX ADR 12.42 ▼ 0.52% PETROBRAS ADR 17.80 ▲ 2.74% VALE ADR 14.22 ▼ 1.69% ITAU ADR 8.53 ▼ 1.04% SANTANDER BR 5.34 ▼ 0.93% AMBEV ADR 3.07 ▼ 0.16% CSN 1.03 ▲ 1.49% GERDAU 4.53 ▲ 0.56% LATAM ADR 54.72 ▼ 3.06% BTC 62,288 ▼ 2.31% ETH 1,772 ▼ 1.86% SOL 75.35 ▼ 1.98% XRP 1.07 ▼ 1.59% BNB 566.05 ▼ 1.38% ADA 0.16 ▼ 2.26% DOGE 0.07 ▼ 1.26% AVAX 6.51 ▲ 1.69% LINK 7.91 ▼ 1.04% DOT 0.84 ▼ 0.62% LTC 43.35 ▼ 1.41% BCH 236.67 ▼ 1.37% TRX 0.33 ▼ 1.68% XLM 0.18 ▼ 2.24% HBAR 0.07 ▼ 1.22% NEAR 1.95 ▲ 3.30% ATOM 1.55 ▼ 1.22% AAVE 95.28 ▼ 1.84% SELIC 14.25% EMBRAER 83.06 ▼ 1.82% EMBRAER ADR 64.81 ▼ 1.82% JBS 11.84 ▼ 0.59% JBS BDR 60.59 ▼ 0.31% MBRF3 15.78 ▲ 1.48% MBRFY 3.05 ▲ 0.99% INTER 5.67 ▼ 2.58% EGX 52,608 ▲ 0.67% USD/ZAR16.42▲ 0.60% USD/NGN1,378▼ 0.05% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY162.41▲ 0.42% USD/CNY6.77▼ 0.14% DAX 25,114 ▲ 0.19% CAC 8,365 ▲ 0.31% FTSE 10,498 ▲ 0.01% MIB 52,809 ▲ 0.37% IBEX 19,336 ▼ 0.25% STOXX 641.01 ▼ 0.01% EUR/USD1.14▼ 0.07% GBP/USD1.34▼ 0.14% SPX 7,522 ▼ 0.71% DJI 52,379 ▼ 0.49% NDX 29,302 ▼ 1.75% RUT 2,958 ▼ 0.65% TSX 35,187 ▼ 0.33% VIX 16.38 ▲ 8.98% USD/CAD1.42▼ 0.07% US10Y 4.6040 ▲ 0.77% IBOV 176,445 ▼ 0.80% IPSA 10,967 ▼ 0.81% IPC MEX 66,267 ▼ 0.34% MERVAL 3,272,388 ▼ 0.24% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▼ 0.06% USD/BRL 5.13 ▲ 0.44% USD/MXN 17.51 ▲ 0.25% USD/CLP 930.12 ▲ 0.57% USD/COP 3,237 ▼ 0.27% USD/PEN 3.41 ▲ 0.47% USD/ARS 1,485 ▼ 0.20% USD/UYU 40.22 — 0.00% USD/PYG 6,045 ▼ 0.17% USD/BOB 10.35 ▲ 2.07% USD/DOP 58.37 ▼ 0.19% USD/CRC 448.53 ▼ 0.06% USD/GTQ 7.62 ▼ 0.10% USD/HNL 26.73 ▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.15% USD/TTD 6.74 ▲ 1.31% EUR/BRL 5.84 ▲ 0.42% BRENT 80.03 ▲ 5.29% WTI 75.09 ▲ 5.15% IRON ORE 161.91 — — COPPER 6.29 ▲ 0.84% GOLD 4,003 ▼ 2.45% SILVER 57.86 ▼ 3.26% SOY 1,199 ▲ 0.17% CORN 466.50 ▲ 6.51% WHEAT 638.50 ▲ 1.03% COFFEE 330.10 ▼ 3.76% SUGAR 14.68 ▼ 1.34% ORANGE JUICE 142.35 ▼ 3.72% COTTON 81.49 ▲ 1.96% COCOA 5,825 ▼ 1.59% BEEF 235.45 ▲ 0.11% CATTLE 356.28 ▲ 0.47% LITHIUM 70.37 ▼ 2.70% PETR4 40.76 ▲ 2.80% VALE3 72.94 ▼ 1.67% ITUB4 43.80 ▼ 1.13% BBDC4 18.84 ▼ 0.11% ABEV3 15.84 ▲ 0.13% BBAS3 20.32 ▼ 1.26% B3SA3 15.09 ▼ 2.14% WEGE3 44.45 ▼ 4.43% PRIO3 56.41 ▲ 1.73% SUZB3 41.61 ▲ 0.14% RENT3 40.61 ▼ 1.19% AZZA3 19.23 ▲ 0.68% CSAN3 3.95 ▼ 2.95% RAIZ4 0.34 ▼ 2.86% PCAR3 2.66 ▼ 2.56% GMAT3 4.01 ▲ 1.01% PSSA3 54.00 ▼ 1.76% CVCB3 1.25 — 0.00% POSI3 3.91 ▼ 1.51% SLCE3 14.03 ▲ 0.07% NATU3 8.69 ▲ 0.12% BRKM5 6.71 ▲ 1.21% RANI3 7.99 ▼ 0.25% CSNA3 5.23 ▲ 0.97% CMIN3 5.47 ▲ 4.59% USIM5 8.43 ▼ 0.24% GGBR4 23.09 ▲ 0.35% ENEV3 27.03 ▼ 1.89% CPFE3 47.13 ▼ 1.55% CMIG4 11.12 ▼ 2.28% EQTL3 40.44 ▼ 1.15% LREN3 14.45 ▼ 1.16% VIVT3 35.28 ▼ 1.31% RAIL3 14.14 ▼ 1.53% KLABIN 17.54 — 0.00% RAIA DROGASIL 18.36 ▼ 2.18% RDOR3 35.70 ▼ 0.89% HAPV3 10.57 ▼ 0.28% FLRY3 16.31 ▼ 0.67% SMTO3 16.73 ▲ 2.20% UGPA3 31.00 ▲ 0.94% VBBR3 33.27 ▲ 0.82% BBSE3 40.15 ▼ 0.50% BPAC11 58.05 ▼ 1.16% CURY3 33.58 ▼ 1.84% AERI3 2.05 ▼ 1.91% VIVARA 23.21 ▼ 1.36% COMPASS 25.19 ▼ 1.22% VAMOS 3.05 ▼ 0.33% SANB11 27.26 ▼ 1.30% ASAI3 8.78 ▼ 1.01% SBSP3 30.53 ▼ 1.86% WALMEX 49.88 ▲ 1.14% GMEXICO 196.01 ▼ 1.62% FEMSA 226.42 ▲ 1.39% CEMEX 21.75 ▼ 0.50% GFNORTE 184.83 ▼ 0.94% BIMBO 56.32 ▲ 0.39% TELEVISA 9.55 ▼ 1.85% AMX 23.08 ▲ 1.67% GAP 407.90 ▼ 1.11% ASUR 279.84 ▼ 1.85% OMA 232.12 ▼ 1.84% KOF 181.12 ▲ 0.54% GRUMA 283.50 ▼ 0.02% KIMBER 38.32 ▲ 0.66% SQM-B 67,180 ▼ 0.84% COPEC 6,088 ▼ 0.84% BSANTANDER 77.72 ▼ 1.62% FALABELLA 5,987 ▲ 1.39% ENELAM 84.39 ▼ 1.18% CENCOSUD 2,045 ▼ 0.00% CMPC 1,097 ▼ 1.07% BANCO CHILE 184.72 ▼ 2.20% LATAM AIR 25.43 ▼ 3.16% YPF 77,200 ▲ 3.76% GGAL 8,205 ▼ 1.56% PAMPA 5,295 ▲ 2.22% TXAR 667.00 ▼ 0.60% ALUAR 978.00 ▲ 0.26% TGS 9,845 ▲ 2.61% CEPU 2,362 ▼ 1.42% MIRGOR 16,975 ▼ 1.59% COME 45.10 ▼ 1.76% LOMA NEGRA 3,540 ▼ 1.19% BYMA 307.00 ▼ 2.23% TELECOM ARG 4,215 ▼ 0.71% ECOPETROL 15.80 ▲ 1.41% BANCOLOMBIA 81.28 ▼ 2.01% GRUPO AVAL 5.00 ▼ 1.38% CREDICORP 392.18 ▼ 2.15% SOUTHERN COPPER 175.76 ▼ 0.04% BUENAVENTURA 29.88 ▼ 0.42% MERCADOLIBRE 1,872 ▲ 1.07% NUBANK 13.77 ▲ 0.04% XP 16.47 ▼ 2.66% PAGSEGURO 9.36 ▲ 1.19% STONE 11.27 ▲ 0.49% GLOBANT 32.06 ▲ 6.99% TECNOGLASS 42.45 ▼ 3.30% GAP AIRPORT 232.97 ▼ 1.13% ASUR 279.84 ▼ 1.85% OMA AIRPORT 106.06 ▼ 1.84% AMX ADR 26.31 ▲ 1.15% FEMSA ADR 129.20 ▲ 1.21% CEMEX ADR 12.42 ▼ 0.52% PETROBRAS ADR 17.80 ▲ 2.74% VALE ADR 14.22 ▼ 1.69% ITAU ADR 8.53 ▼ 1.04% SANTANDER BR 5.34 ▼ 0.93% AMBEV ADR 3.07 ▼ 0.16% CSN 1.03 ▲ 1.49% GERDAU 4.53 ▲ 0.56% LATAM ADR 54.72 ▼ 3.06% BTC 62,288 ▼ 2.31% ETH 1,772 ▼ 1.86% SOL 75.35 ▼ 1.98% XRP 1.07 ▼ 1.59% BNB 566.05 ▼ 1.38% ADA 0.16 ▼ 2.26% DOGE 0.07 ▼ 1.26% AVAX 6.51 ▲ 1.69% LINK 7.91 ▼ 1.04% DOT 0.84 ▼ 0.62% LTC 43.35 ▼ 1.41% BCH 236.67 ▼ 1.37% TRX 0.33 ▼ 1.68% XLM 0.18 ▼ 2.24% HBAR 0.07 ▼ 1.22% NEAR 1.95 ▲ 3.30% ATOM 1.55 ▼ 1.22% AAVE 95.28 ▼ 1.84% 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Rio de Janeiro Life & Society

Rio de Janeiro Will Privatize Carnaval Parades Due to Lack of Funds

By · June 27, 2019 · 2 min read

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By Contributing Reporter

RIO DE JANEIRO, BRAZIL – The mayor of Rio de Janeiro, Marcelo Crivella, announced on Wednesday afternoon, June 26th, that the samba schools parades at the Sambadrome on Marquês de Sapucaí will be privatized. According to him, the municipal and state governments are considering a partnership to enable the project.

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Rear view of red feather wings and devil horns, from a carnival costume at a street party in Ipanema, Rio de Janeiro. (Photo Deposit)
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The mayor’s announcement was made jointly with Governor Wilson Witzel. The two met for lunch at the Palácio Guanabara, in Laranjeiras, South Zone.

“The city is unable to afford it. I am aware that a company has made a bid to LIESA (Independent League of Samba Schools), and so Carnaval will be privatized; it will be provided by private funds, as we are experiencing a major economic crisis,” said Crivella.

The mayor also stressed that he would not want the festival to lose its popular nature, and Witzel said he wants the Sambadrome to run all year round.

“This year, we are working together. All I want is for the Carnaval to keep going. It is a huge cost for the municipality, which has a huge debt to pay. I feel that the Sambadrome needs to work all year round. All it takes is a contract, an ideal design, to make that happen,” said Witzel.

Currently, in addition to maintenance of the Sambadrome, the city government also pays grants to samba schools. The figure has decreased under Marcelo Crivella’s administration — the mayor has already described the process as “weaning”, which has spawned criticism from the samba schools.

The City Council further assists the parades with city guards and teams from the municipal Health Department, among other resources.

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