IBOV 176,641.10 ▲ 0.51% IPSA 11,024.10 ▲ 1.05% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,229,323 ▼ 0.18% COLCAP 2,298.73 ▼ 0.39% BVL PERÚ 56,428.20 — — USD/BRL5.08▲ 0.14% USD/MXN17.42▼ 0.04% USD/CLP925.73▼ 0.09% USD/COP3,248▲ 0.38% USD/PEN3.40▲ 0.32% USD/ARS1,470▼ 0.03% USD/UYU40.23▲ 1.24% USD/PYG6,039▲ 1.28% USD/BOB10.38▲ 3.30% USD/DOP58.31▲ 0.02% USD/CRC448.93▲ 1.21% USD/GTQ7.62▲ 2.06% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.31% USD/VES722.19▼ 0.37% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.06% USD/TTD6.75▲ 1.13% EUR/BRL5.80▼ 1.01% BRENT 84.95 ▲ 0.26% WTI 79.64 ▲ 0.38% IRON ORE 161.91 — — COPPER 6.38 ▲ 0.73% GOLD 4,045 ▼ 0.40% SILVER 58.44 ▼ 0.56% SOY 1,192 ▼ 1.24% CORN 464.00 ▲ 6.97% WHEAT 662.75 ▲ 4.99% COFFEE 330.30 ▼ 2.05% SUGAR 14.85 ▼ 0.20% ORANGE JUICE 143.30 ▲ 2.17% COTTON 81.10 ▲ 1.88% COCOA 5,705 ▲ 0.80% 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 64,567 ▼ 0.60% ETH 1,880 ▼ 0.51% SOL 77.24 ▼ 0.67% XRP 1.11 ▼ 0.50% BNB 576.83 ▼ 0.85% ADA 0.16 ▼ 0.56% DOGE 0.07 ▼ 1.08% AVAX 6.66 ▼ 0.55% LINK 8.40 ▲ 0.76% DOT 0.85 ▲ 0.03% LTC 45.33 ▼ 0.23% BCH 235.10 ▼ 0.59% TRX 0.33 ▲ 0.62% XLM 0.19 ▲ 1.48% HBAR 0.07 ▲ 0.53% NEAR 2.08 ▲ 3.63% ATOM 1.58 ▲ 0.90% AAVE 97.99 ▼ 0.90% 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% IBOV 176,641.10 ▲ 0.51% IPSA 11,024.10 ▲ 1.05% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,229,323 ▼ 0.18% COLCAP 2,298.73 ▼ 0.39% BVL PERÚ 56,428.20 — — USD/BRL 5.08 ▲ 0.14% USD/MXN 17.42 ▼ 0.04% USD/CLP 925.48 ▼ 0.12% USD/COP 3,248 ▲ 0.38% USD/PEN 3.40 ▲ 0.32% USD/ARS 1,470 ▼ 0.03% USD/UYU 40.23 ▲ 1.24% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.38 ▲ 3.30% USD/DOP 58.31 ▲ 0.02% USD/CRC 448.93 ▲ 1.21% USD/GTQ 7.62 ▲ 2.06% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.31% USD/VES 722.19 ▼ 0.37% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.06% USD/TTD 6.75 ▲ 1.13% EUR/BRL 5.80 ▼ 1.01% BRENT 84.95 ▲ 0.26% WTI 79.64 ▲ 0.38% IRON ORE 161.91 — — COPPER 6.38 ▲ 0.73% GOLD 4,045 ▼ 0.40% SILVER 58.44 ▼ 0.56% SOY 1,192 ▼ 1.24% CORN 464.00 ▲ 6.97% WHEAT 662.75 ▲ 4.99% COFFEE 330.30 ▼ 2.05% SUGAR 14.85 ▼ 0.20% ORANGE JUICE 143.30 ▲ 2.17% COTTON 81.10 ▲ 1.88% COCOA 5,705 ▲ 0.80% 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 64,567 ▼ 0.60% ETH 1,880 ▼ 0.51% SOL 77.24 ▼ 0.67% XRP 1.11 ▼ 0.50% BNB 576.83 ▼ 0.85% ADA 0.16 ▼ 0.56% DOGE 0.07 ▼ 1.08% AVAX 6.66 ▼ 0.55% LINK 8.40 ▲ 0.76% DOT 0.85 ▲ 0.03% LTC 45.33 ▼ 0.23% BCH 235.10 ▼ 0.59% TRX 0.33 ▲ 0.62% XLM 0.19 ▲ 1.48% HBAR 0.07 ▲ 0.53% NEAR 2.08 ▲ 3.63% ATOM 1.58 ▲ 0.90% AAVE 97.99 ▼ 0.90% 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%
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New World Cup Woes in São Paulo

By · September 25, 2012 · 3 min read

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By Robbie Blakeley, Senior Contributing Reporter

SÂO PAULO, BRAZIL – Brazil’s largest city, São Paulo, has run into yet more problems as it races to be ready for the 2014 World Cup. Already playing catch-up to the other eleven host cities, fresh financial problems could hold up building work even further and the city has until October 30th to secure R$400 million to continue the project.

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Itaquerão Stadium in São Paulo, 2014 World Cup, Brazil News
The Itaquerão Stadium in São Paulo has new financial problems, photo by Copa 2014.
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After facing a multitude of delays when the Morumbí Stadium was deemed not suitable to host World Cup matches, the brand new Itaquerão Stadium, which will become the new home of current Libertadores champions Corinthians, finally got underway May 30th last year.

Now current CBF director Andres Sanchez, who was a director at Corinthians when the stadium began to be built, claimed work would have to stop if the money was not released by the end of next month. Any hindrance could spell potential disaster for the city, with the arena scheduled to host the tournament’s opening game in June 2014.

São Paulo has already had the threat of omission from the World Cup hanging over the metropolis, and with some corners calling for the number of host cities to be cut from twelve to ten, the sheer volume of trouble could cause FIFA to act. Such a move would then pave the way for Rio and the Maracanã to make another bid to host the opening ceremony and match.

As of now, Rio de Janeiro will only see the Seleção (Brazil national team) play in the World Cup if they make it to the finals. Whilst some Brazilians remain confident, many Cariocas remain disappointed by the scheduling and the city would jump at the chance to host the opening match as well.

São Paulo, 2014 World Cup, Brazil news
New doubts have surfaced if São Paulo will host the opening match, photo by Copa 2014.

For São Paulo the news is especially disheartening after such promising progress was made. At the time of writing, the Itaquerão is already fifty percent complete despite such a lengthy list of setbacks.

Only two weeks ago the Local Organizing Committee (LOC) deemed themselves satisfied with the state of the arena and the speed at which the work was being completed, aided in no small part by a substantial lack of rain in São Paulo over recent months. Should this current financial issue be resolved, it is estimated the Itaquerão will be finished in fifteen months, at the beginning of 2014.

Meanwhile, Brazilian Minister for Sport Aldo Rebelo wants the help of volunteers to help make up for lost time, not only in the Paulista city but across the country. While 22,000 volunteers have already signed up to help with both the Confederations and World Cups Rebelo is hopeful of getting another 100,000 helpers.

“It is necessary to increase this number and we are working to include another 100,000 volunteers across Brazil,” he said. This would bring the number to over 120,000, the biggest number of volunteers in World Cup history, and there is a huge number of things that need to be done both before and during the two tournaments.

The bulk of volunteer work will be concentrated in stadiums and airports but people will also be needed at tourist and transport points. Successful applicants will receive basic training from FIFA before being handed their responsibilities.

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