IBOV 176,641.10 ▲ 0.51% IPSA 11,024.10 ▲ 1.05% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,229,323 ▼ 0.30% COLCAP 2,298.73 ▼ 0.39% BVL PERÚ 56,428.20 — — USD/BRL5.07▼ 0.02% USD/MXN17.41▼ 0.10% USD/CLP925.95▼ 0.75% USD/COP3,248▲ 0.38% USD/PEN3.41▲ 0.55% USD/ARS1,470▼ 0.88% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.20▲ 0.20% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.31% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.64% USD/TTD6.75▲ 1.19% EUR/BRL5.80▼ 1.00% BRENT 85.37 ▲ 0.76% WTI 79.84 ▲ 0.63% IRON ORE 161.91 — — COPPER 6.38 ▲ 0.76% GOLD 4,033 ▼ 0.69% SILVER 58.61 ▼ 0.28% SOY 1,194 ▼ 1.12% CORN 463.00 ▲ 6.74% WHEAT 654.25 ▲ 3.64% COFFEE 309.25 ▼ 8.29% SUGAR 14.93 ▲ 0.34% ORANGE JUICE 140.90 ▼ 1.16% COTTON 80.80 ▲ 1.51% COCOA 6,070 ▲ 6.57% BEEF 227.75 ▼ 2.97% CATTLE 349.63 ▼ 1.33% LITHIUM 71.58 ▼ 1.02% PETR4 40.66 — 0.00% VALE3 74.01 ▲ 1.59% ITUB4 43.63 ▲ 0.25% BBDC4 18.63 ▼ 0.75% ABEV3 15.81 ▼ 0.13% BBAS3 20.59 ▲ 1.73% B3SA3 15.33 ▲ 1.39% WEGE3 44.20 ▼ 0.43% PRIO3 57.57 ▲ 0.65% SUZB3 41.11 ▼ 0.92% RENT3 40.54 ▲ 0.85% AZZA3 18.85 ▼ 1.93% CSAN3 3.89 ▼ 0.26% RAIZ4 0.31 ▼ 6.06% PCAR3 2.45 ▼ 5.41% GMAT3 3.96 ▲ 0.51% PSSA3 54.29 ▲ 0.46% CVCB3 1.38 ▲ 10.40% POSI3 3.99 — 0.00% SLCE3 13.81 ▼ 0.43% NATU3 8.55 ▼ 0.58% BRKM5 6.83 ▼ 1.59% RANI3 8.01 ▲ 0.75% CSNA3 5.20 ▼ 0.76% CMIN3 5.10 ▼ 6.42% USIM5 8.23 ▼ 1.79% GGBR4 23.32 ▲ 2.19% ENEV3 27.17 ▲ 1.08% CPFE3 47.20 ▲ 0.77% CMIG4 11.20 ▲ 1.17% EQTL3 40.95 ▲ 1.84% LREN3 14.29 ▲ 0.99% VIVT3 35.52 ▲ 2.27% RAIL3 14.13 ▲ 0.14% KLABIN 17.32 ▼ 0.92% RAIA DROGASIL 18.60 ▲ 2.20% RDOR3 36.05 ▲ 1.38% HAPV3 11.19 ▲ 6.98% FLRY3 16.41 ▲ 1.61% SMTO3 16.12 ▼ 1.53% UGPA3 30.11 ▼ 2.65% VBBR3 33.30 ▲ 1.65% BBSE3 40.39 ▲ 0.27% BPAC11 57.95 ▲ 0.75% CURY3 33.59 ▲ 1.42% AERI3 2.07 ▼ 0.48% VIVARA 23.43 ▲ 1.38% COMPASS 25.20 ▲ 1.74% VAMOS 3.15 ▲ 4.30% SANB11 27.34 ▼ 0.11% ASAI3 8.66 ▼ 0.57% SBSP3 30.34 ▼ 0.10% WALMEX 49.32 ▼ 0.66% GMEXICO 199.61 ▲ 2.06% FEMSA 232.52 ▲ 3.18% CEMEX 22.24 ▲ 2.11% GFNORTE 186.00 ▲ 2.16% BIMBO 56.55 ▲ 1.22% TELEVISA 9.49 ▼ 1.25% AMX 22.83 ▲ 1.06% GAP 394.05 ▼ 3.46% ASUR 275.61 ▼ 1.09% OMA 235.49 ▲ 0.93% KOF 180.00 ▼ 0.92% GRUMA 280.31 ▼ 0.38% KIMBER 38.53 ▲ 0.81% SQM-B 67,900 ▲ 1.03% COPEC 6,210 ▲ 2.52% BSANTANDER 78.64 ▲ 0.56% FALABELLA 5,875 ▼ 0.51% ENELAM 85.75 ▲ 1.84% CENCOSUD 2,040 — 0.00% CMPC 1,103 ▲ 2.32% BANCO CHILE 189.50 ▲ 2.43% LATAM AIR 24.90 — 0.00% YPF 77,775 ▲ 0.78% GGAL 7,910 ▼ 2.10% PAMPA 5,230 ▲ 0.10% TXAR 665.00 ▲ 0.08% ALUAR 949.00 ▼ 1.61% TGS 9,710 ▲ 1.46% CEPU 2,327 ▲ 0.35% MIRGOR 16,750 ▼ 1.47% COME 45.75 ▲ 2.17% LOMA NEGRA 3,540 ▲ 1.22% BYMA 302.50 ▼ 1.87% TELECOM ARG 4,333 ▲ 1.94% ECOPETROL 16.16 ▲ 1.76% BANCOLOMBIA 82.10 ▲ 2.09% GRUPO AVAL 4.95 ▲ 0.81% CREDICORP 392.24 ▲ 0.78% SOUTHERN COPPER 182.38 ▲ 4.50% BUENAVENTURA 31.03 ▲ 4.06% MERCADOLIBRE 1,874 ▲ 0.35% NUBANK 13.99 ▲ 2.34% XP 16.87 ▲ 3.05% PAGSEGURO 9.28 — 0.00% STONE 11.30 ▲ 1.35% GLOBANT 30.92 ▼ 3.74% TECNOGLASS 44.19 ▲ 3.15% GAP AIRPORT 225.95 ▼ 2.93% ASUR 275.61 ▼ 1.09% OMA AIRPORT 107.64 ▲ 1.42% AMX ADR 26.18 ▲ 0.58% FEMSA ADR 133.17 ▲ 3.22% CEMEX ADR 12.80 ▲ 2.81% PETROBRAS ADR 17.92 ▲ 0.22% VALE ADR 14.59 ▲ 2.89% ITAU ADR 8.55 ▲ 0.94% SANTANDER BR 5.40 ▲ 0.84% AMBEV ADR 3.09 ▲ 0.98% CSN 1.04 ▲ 0.49% GERDAU 4.61 ▲ 2.67% LATAM ADR 53.51 ▲ 0.34% BTC 64,677 ▼ 0.43% ETH 1,875 ▼ 0.78% SOL 77.42 ▼ 0.44% XRP 1.11 ▼ 0.40% BNB 576.48 ▼ 0.91% ADA 0.16 ▼ 1.10% DOGE 0.07 ▼ 0.35% AVAX 6.64 ▼ 0.85% LINK 8.38 ▲ 0.51% DOT 0.85 ▲ 0.03% LTC 45.23 ▼ 0.45% BCH 235.80 ▼ 0.29% TRX 0.33 ▲ 0.46% XLM 0.18 ▼ 0.93% HBAR 0.07 — 0.00% NEAR 2.01 ▲ 0.29% ATOM 1.56 ▼ 0.32% AAVE 97.54 ▼ 1.36% SELIC 14.25% EMBRAER 82.49 ▼ 0.63% EMBRAER ADR 64.91 ▲ 0.67% JBS 11.83 ▲ 0.25% JBS BDR 59.75 ▼ 1.42% MBRF3 16.09 ▲ 2.35% MBRFY 3.15 ▲ 0.32% INTER 5.70 ▲ 0.89% EGX 52,428 ▲ 0.25% USD/ZAR16.36▼ 0.07% USD/NGN 1,381 — 0.00% NIKKEI 68,752 ▲ 1.49% CSI300 4,787 ▼ 0.20% HSI 24,681 ▲ 1.40% NIFTY 24,080 ▲ 0.12% KOSPI 7,284 ▲ 6.24% JCI 6,044 ▲ 0.08% USD/JPY162.30▲ 0.03% USD/CNY6.76▼ 0.19% DAX 24,954 ▼ 0.77% CAC 8,360 ▼ 0.08% FTSE 10,488 ▼ 0.39% MIB 52,619 ▼ 0.46% IBEX 19,225 ▼ 0.68% STOXX 641.48 ▼ 0.10% EUR/USD1.14▲ 0.08% GBP/USD1.34▲ 0.36% SPX 7,544 ▲ 0.38% DJI 52,508 ▲ 0.02% NDX 29,586 ▲ 1.10% RUT 2,965 ▲ 0.39% TSX 35,321 ▲ 0.19% VIX 16.33 ▼ 1.03% USD/CAD1.41▼ 0.05% US10Y 4.5850 ▼ 0.52% IBOV 176,641.10 ▲ 0.51% IPSA 11,024.10 ▲ 1.05% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,229,323 ▼ 0.30% COLCAP 2,298.73 ▼ 0.39% BVL PERÚ 56,428.20 — — USD/BRL 5.07 ▼ 0.02% USD/MXN 17.41 ▼ 0.10% USD/CLP 925.95 ▼ 0.75% USD/COP 3,248 ▲ 0.38% USD/PEN 3.41 ▲ 0.55% USD/ARS 1,470 ▼ 0.88% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.20 ▲ 0.20% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.31% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.64% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.80 ▼ 1.00% BRENT 85.37 ▲ 0.76% WTI 79.84 ▲ 0.63% IRON ORE 161.91 — — COPPER 6.38 ▲ 0.76% GOLD 4,033 ▼ 0.69% SILVER 58.61 ▼ 0.28% SOY 1,194 ▼ 1.12% CORN 463.00 ▲ 6.74% WHEAT 654.25 ▲ 3.64% COFFEE 309.25 ▼ 8.29% SUGAR 14.93 ▲ 0.34% ORANGE JUICE 140.90 ▼ 1.16% COTTON 80.80 ▲ 1.51% COCOA 6,070 ▲ 6.57% BEEF 227.75 ▼ 2.97% CATTLE 349.63 ▼ 1.33% LITHIUM 71.58 ▼ 1.02% PETR4 40.66 — 0.00% VALE3 74.01 ▲ 1.59% ITUB4 43.63 ▲ 0.25% BBDC4 18.63 ▼ 0.75% ABEV3 15.81 ▼ 0.13% BBAS3 20.59 ▲ 1.73% B3SA3 15.33 ▲ 1.39% WEGE3 44.20 ▼ 0.43% PRIO3 57.57 ▲ 0.65% SUZB3 41.11 ▼ 0.92% RENT3 40.54 ▲ 0.85% AZZA3 18.85 ▼ 1.93% CSAN3 3.89 ▼ 0.26% RAIZ4 0.31 ▼ 6.06% PCAR3 2.45 ▼ 5.41% GMAT3 3.96 ▲ 0.51% PSSA3 54.29 ▲ 0.46% CVCB3 1.38 ▲ 10.40% POSI3 3.99 — 0.00% SLCE3 13.81 ▼ 0.43% NATU3 8.55 ▼ 0.58% BRKM5 6.83 ▼ 1.59% RANI3 8.01 ▲ 0.75% CSNA3 5.20 ▼ 0.76% CMIN3 5.10 ▼ 6.42% USIM5 8.23 ▼ 1.79% GGBR4 23.32 ▲ 2.19% ENEV3 27.17 ▲ 1.08% CPFE3 47.20 ▲ 0.77% CMIG4 11.20 ▲ 1.17% EQTL3 40.95 ▲ 1.84% LREN3 14.29 ▲ 0.99% VIVT3 35.52 ▲ 2.27% RAIL3 14.13 ▲ 0.14% KLABIN 17.32 ▼ 0.92% RAIA DROGASIL 18.60 ▲ 2.20% RDOR3 36.05 ▲ 1.38% HAPV3 11.19 ▲ 6.98% FLRY3 16.41 ▲ 1.61% SMTO3 16.12 ▼ 1.53% UGPA3 30.11 ▼ 2.65% VBBR3 33.30 ▲ 1.65% BBSE3 40.39 ▲ 0.27% BPAC11 57.95 ▲ 0.75% CURY3 33.59 ▲ 1.42% AERI3 2.07 ▼ 0.48% VIVARA 23.43 ▲ 1.38% COMPASS 25.20 ▲ 1.74% VAMOS 3.15 ▲ 4.30% SANB11 27.34 ▼ 0.11% ASAI3 8.66 ▼ 0.57% SBSP3 30.34 ▼ 0.10% WALMEX 49.32 ▼ 0.66% GMEXICO 199.61 ▲ 2.06% FEMSA 232.52 ▲ 3.18% CEMEX 22.24 ▲ 2.11% GFNORTE 186.00 ▲ 2.16% BIMBO 56.55 ▲ 1.22% TELEVISA 9.49 ▼ 1.25% AMX 22.83 ▲ 1.06% GAP 394.05 ▼ 3.46% ASUR 275.61 ▼ 1.09% OMA 235.49 ▲ 0.93% KOF 180.00 ▼ 0.92% GRUMA 280.31 ▼ 0.38% KIMBER 38.53 ▲ 0.81% SQM-B 67,900 ▲ 1.03% COPEC 6,210 ▲ 2.52% BSANTANDER 78.64 ▲ 0.56% FALABELLA 5,875 ▼ 0.51% ENELAM 85.75 ▲ 1.84% CENCOSUD 2,040 — 0.00% CMPC 1,103 ▲ 2.32% BANCO CHILE 189.50 ▲ 2.43% LATAM AIR 24.90 — 0.00% YPF 77,775 ▲ 0.78% GGAL 7,910 ▼ 2.10% PAMPA 5,230 ▲ 0.10% TXAR 665.00 ▲ 0.08% ALUAR 949.00 ▼ 1.61% TGS 9,710 ▲ 1.46% CEPU 2,327 ▲ 0.35% MIRGOR 16,750 ▼ 1.47% COME 45.75 ▲ 2.17% LOMA NEGRA 3,540 ▲ 1.22% BYMA 302.50 ▼ 1.87% TELECOM ARG 4,333 ▲ 1.94% ECOPETROL 16.16 ▲ 1.76% BANCOLOMBIA 82.10 ▲ 2.09% GRUPO AVAL 4.95 ▲ 0.81% CREDICORP 392.24 ▲ 0.78% SOUTHERN COPPER 182.38 ▲ 4.50% BUENAVENTURA 31.03 ▲ 4.06% MERCADOLIBRE 1,874 ▲ 0.35% NUBANK 13.99 ▲ 2.34% XP 16.87 ▲ 3.05% PAGSEGURO 9.28 — 0.00% STONE 11.30 ▲ 1.35% GLOBANT 30.92 ▼ 3.74% TECNOGLASS 44.19 ▲ 3.15% GAP AIRPORT 225.95 ▼ 2.93% ASUR 275.61 ▼ 1.09% OMA AIRPORT 107.64 ▲ 1.42% AMX ADR 26.18 ▲ 0.58% FEMSA ADR 133.17 ▲ 3.22% CEMEX ADR 12.80 ▲ 2.81% PETROBRAS ADR 17.92 ▲ 0.22% VALE ADR 14.59 ▲ 2.89% ITAU ADR 8.55 ▲ 0.94% SANTANDER BR 5.40 ▲ 0.84% AMBEV ADR 3.09 ▲ 0.98% CSN 1.04 ▲ 0.49% GERDAU 4.61 ▲ 2.67% LATAM ADR 53.51 ▲ 0.34% BTC 64,677 ▼ 0.43% ETH 1,875 ▼ 0.78% SOL 77.42 ▼ 0.44% XRP 1.11 ▼ 0.40% BNB 576.48 ▼ 0.91% ADA 0.16 ▼ 1.10% DOGE 0.07 ▼ 0.35% AVAX 6.64 ▼ 0.85% LINK 8.38 ▲ 0.51% DOT 0.85 ▲ 0.03% LTC 45.23 ▼ 0.45% BCH 235.80 ▼ 0.29% TRX 0.33 ▲ 0.46% XLM 0.18 ▼ 0.93% HBAR 0.07 — 0.00% NEAR 2.01 ▲ 0.29% ATOM 1.56 ▼ 0.32% AAVE 97.54 ▼ 1.36% SELIC 14.25% EMBRAER 82.49 ▼ 0.63% EMBRAER ADR 64.91 ▲ 0.67% JBS 11.83 ▲ 0.25% JBS BDR 59.75 ▼ 1.42% MBRF3 16.09 ▲ 2.35% MBRFY 3.15 ▲ 0.32% INTER 5.70 ▲ 0.89% EGX 52,428 ▲ 0.25% USD/ZAR 16.37 ▲ 0.19% USD/NGN 1,381 — 0.00% NIKKEI 68,752 ▲ 1.49% CSI300 4,787 ▼ 0.20% HSI 24,681 ▲ 1.40% NIFTY 24,080 ▲ 0.12% KOSPI 7,284 ▲ 6.24% JCI 6,044 ▲ 0.08% USD/JPY 162.28 ▲ 0.06% USD/CNY 6.7593 ▼ 0.05% DAX 24,954 ▼ 0.77% CAC 8,360 ▼ 0.08% FTSE 10,488 ▼ 0.39% MIB 52,619 ▼ 0.46% IBEX 19,225 ▼ 0.68% STOXX 641.48 ▼ 0.10% EUR/USD 1.1427 ▲ 0.02% GBP/USD 1.3400 ▲ 0.10% SPX 7,544 ▲ 0.38% DJI 52,508 ▲ 0.02% NDX 29,586 ▲ 1.10% RUT 2,965 ▲ 0.39% TSX 35,321 ▲ 0.19% VIX 16.33 ▼ 1.03% USD/CAD 1.4049 ▼ 0.09% US10Y 4.5850 ▼ 0.52%
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Looking Forward to 2013

By · December 25, 2012 · 3 min read

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Editorial

RIO DE JANEIRO, BRAZIL – As usual the idea of another year having come and gone so quickly is hard to believe. We are looking forward to 2013 though, and everything that comes with it for the city of Rio de Janeiro.

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First off is Carnival, the way we kick off a new year in the Cidade Maravilhosa which is on February 9-12th this year. Carnival really begins much sooner though, with all the blocos (street parties) that overrun the city starting… as soon as we recover from the New Year’s parties.

Then we also have the FIFA Confederations Cup (June 15-30th) being hosted throughout Brazil as a warm-up to the 2014 World Cup. The year of 2013 will also see Rio host the Catholic Church’s World Youth Day (July 23-28th).

The Maracanã Stadium, perhaps Brazil’s most famous shrine to the “beautiful game” – football (soccer) – is due to re-open in the first quarter of 2013. The stadium was closed in mid-2010 to revamp for FIFA regulations, and almost R$1 billion later, it is expected to reopen in February.

The efforts to improve Rio’s transportation infrastructure are happening all around us. In Zona Sul (South Zone) they are building the Line 4 Metro connecting Ipanema, Leblon – ultimately to reach Barra da Tijuca in time for the 2016 Olypmic Games.

In the short-term, 2013 will see the General Osório Metro station (the last stop of Line 1) in Ipanema, and the Copacabana Cantagalo Metro station, closed for eight months for construction – to connect to the new Line 4. This means the Siqueira Campos station in Copacabana is the last Metro stop in Zona Sul.

In Centro even larger programs are revitalizing the area, especially the Porto Maravilha Project overhauling the port zone. The Praça Mauá is getting a make-over and the favela community of Morro da Providência is having a new gondola put in place this month.

Perhaps even more significant then the transportation and mega-events, is the improvement of security in Rio’s favela communities with the Police Pacification Unit (Unidade de Polícia Pacificadora, or UPP) program.

December marked the fourth anniversary of the first ever UPP, in the Santa Marta favela (also known as Dona Marta), and also saw Colonel Paulo Henrique Azevedo named as the new head of the pacification program.

Azevedo’s first announcement for 2013 are plans to decentralize the power of the existing 28 UPPs by opening eight regional coordination offices that will provide local leadership for each different community.

It is hard to overstate the effect of the UPP program on the city and the favela communities. Studies show businesses growing and gun violence reduced by large percentages.

There is still a lot to improve though, especially in Zona Norte (North Zone) where areas like Complexo do Alemão continue to struggle with violence. The other area of concern for the greater metropolitan area is that a lot of crime has relocated to outlying cities like Niterói.

Looking forward at 2013 in Rio though, we see more growing pains, but a lot more remarkable progress for the Cidade Maravilhosa.

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