IBOV 170,331 ▼ 2.22% IPSA 10,296 ▼ 0.61% IPC MEX 67,423 ▼ 1.26% MERVAL 3,179,379 ▲ 0.48% COLCAP 2,238.99 ▼ 1.13% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.05 ▼ 0.38% USD/MXN 17.28 ▼ 0.34% USD/CLP 895.11 ▼ 0.07% USD/COP 3,564 ▼ 0.65% USD/PEN 3.41 ▲ 0.08% USD/ARS 1,437 ▼ 0.17% USD/UYU 40.36 ▲ 1.76% USD/PYG 6,037 ▲ 1.68% USD/BOB 6.86 ▲ 1.82% USD/DOP 58.00 ▲ 0.52% USD/CRC 456.90 ▲ 3.01% USD/GTQ 7.62 ▲ 2.22% USD/HNL 26.64 ▲ 0.49% USD/NIO 36.62 ▲ 0.34% USD/VES 558.97 ▼ 0.13% USD/PAB 1.00 ▲ 2.20% USD/BZD 2.00 ▲ 1.64% USD/JMD 155.98 ▲ 0.15% USD/TTD 6.66 ▲ 0.15% EUR/BRL 5.87 ▲ 0.74% BRENT 94.43 ▼ 3.46% WTI 92.10 ▼ 4.08% IRON ORE 161.91 — — COPPER 6.55 ▲ 1.04% GOLD 4,507 ▲ 1.58% SILVER 74.29 ▲ 1.11% SOY 1,131 ▼ 2.04% CORN 424.75 ▼ 1.56% WHEAT 582.50 ▼ 0.81% COFFEE 247.35 ▼ 2.27% SUGAR 14.28 ▲ 0.28% ORANGE JUICE 168.75 ▲ 0.21% COTTON 74.36 ▼ 3.09% COCOA 3,929 ▼ 3.51% BEEF 241.68 ▼ 2.01% CATTLE 353.38 ▲ 3.14% LITHIUM 83.22 ▼ 1.94% PETR4 41.25 ▼ 0.77% VALE3 81.79 ▼ 3.78% ITUB4 38.72 ▼ 2.12% BBDC4 17.37 ▼ 2.14% ABEV3 16.07 ▼ 2.31% BBAS3 19.53 ▼ 1.81% B3SA3 15.52 ▼ 4.67% WEGE3 41.78 ▼ 0.52% PRIO3 62.59 ▲ 0.98% SUZB3 41.22 ▲ 1.95% RENT3 40.44 ▼ 3.32% AZZA3 17.38 ▼ 8.48% CSAN3 3.58 ▼ 7.73% RAIZ4 0.39 ▲ 2.63% PCAR3 1.54 ▼ 1.91% GMAT3 4.20 ▼ 0.24% PSSA3 48.16 ▼ 1.19% CVCB3 1.48 ▼ 3.90% POSI3 3.75 ▼ 7.64% SLCE3 14.98 ▼ 2.03% NATU3 9.80 ▼ 0.61% BRKM5 9.43 ▼ 5.79% RANI3 7.90 ▲ 0.51% CSNA3 6.68 ▼ 6.31% CMIN3 4.50 ▼ 5.86% USIM5 11.46 ▼ 4.82% GGBR4 24.13 ▼ 2.11% ENEV3 24.23 ▼ 4.42% NEOE3 33.80 — 0.00% CPFE3 43.30 ▼ 0.46% CMIG4 10.86 ▼ 1.27% EQTL3 39.81 ▲ 1.89% LREN3 14.64 ▼ 5.67% VIVT3 33.75 ▼ 0.15% RAIL3 13.89 ▼ 2.11% KLABIN 16.76 ▼ 0.89% RAIA DROGASIL 17.51 ▼ 3.26% RDOR3 33.11 ▼ 3.33% HAPV3 11.22 ▼ 8.26% FLRY3 14.70 ▼ 4.11% SMTO3 17.30 ▼ 1.14% UGPA3 24.92 ▼ 3.07% VBBR3 29.48 ▼ 2.16% BBSE3 35.04 ▼ 0.26% BPAC11 50.71 ▼ 4.77% CURY3 29.45 ▼ 6.00% AERI3 2.31 ▼ 1.28% VIVARA 20.50 ▼ 4.21% COMPASS 25.79 ▼ 2.68% VAMOS 2.94 ▼ 1.01% SANB11 26.72 ▼ 2.34% ASAI3 8.79 ▼ 2.87% SBSP3 27.23 ▼ 1.66% WALMEX 51.64 ▼ 1.02% GMEXICO 209.34 ▼ 2.19% FEMSA 211.16 ▼ 0.31% CEMEX 22.42 ▼ 0.13% GFNORTE 179.56 ▼ 0.63% BIMBO 57.15 ▼ 2.11% TELEVISA 9.26 ▲ 2.43% AMX 21.83 ▼ 1.67% GAP 413.32 ▼ 1.23% ASUR 293.80 ▼ 1.00% OMA 217.51 ▼ 0.98% KOF 185.68 ▼ 0.73% GRUMA 292.77 ▼ 0.56% KIMBER 38.05 ▼ 0.11% SQM-B 69,880 ▼ 1.58% COPEC 6,124 ▲ 0.39% BSANTANDER 68.67 ▲ 0.84% FALABELLA 5,450 ▲ 0.01% ENELAM 76.56 ▼ 0.27% CENCOSUD 2,157 ▼ 0.49% CMPC 1,048 ▲ 1.91% BANCO CHILE 165.71 ▲ 1.05% LATAM AIR 22.33 ▲ 0.18% YPF 83,625 ▲ 0.69% GGAL 7,390 ▲ 0.54% PAMPA 5,130 ▲ 0.29% TXAR 690.50 ▲ 1.92% ALUAR 1,012 ▼ 0.30% TGS 9,200 ▼ 0.05% CEPU 2,271 ▼ 1.65% MIRGOR 17,000 ▲ 0.44% COME 47.70 ▼ 0.44% LOMA NEGRA 3,450 ▼ 0.07% BYMA 293.00 — 0.00% TELECOM ARG 4,020 ▼ 0.80% ECOPETROL 15.50 ▼ 0.51% BANCOLOMBIA 72.21 ▼ 0.06% GRUPO AVAL 4.92 ▼ 1.20% CREDICORP 330.05 ▲ 0.80% SOUTHERN COPPER 192.89 ▼ 1.88% BUENAVENTURA 34.38 ▲ 1.52% MERCADOLIBRE 1,634 ▼ 0.28% NUBANK 12.05 ▲ 3.48% XP 15.63 ▲ 0.16% PAGSEGURO 8.75 ▼ 0.29% STONE 10.70 ▲ 0.52% GLOBANT 39.37 ▼ 0.76% TECNOGLASS 42.31 ▼ 0.09% GAP AIRPORT 239.03 ▼ 0.70% ASUR 293.80 ▼ 1.00% OMA AIRPORT 100.40 ▼ 0.77% AMX ADR 25.24 ▼ 1.17% FEMSA ADR 122.19 ▲ 0.31% CEMEX ADR 12.97 ▲ 0.50% PETROBRAS ADR 18.05 ▼ 0.80% VALE ADR 15.78 ▼ 1.77% ITAU ADR 7.65 ▲ 0.79% SANTANDER BR 5.33 ▲ 0.47% AMBEV ADR 3.12 ▼ 0.80% CSN 1.29 ▼ 1.53% GERDAU 4.72 ▼ 0.63% LATAM ADR 49.35 ▼ 0.72% BTC 63,515 ▼ 0.78% ETH 1,770 ▼ 2.28% SOL 69.21 ▼ 3.35% XRP 1.17 ▼ 2.39% BNB 605.89 ▼ 2.29% ADA 0.19 ▼ 6.06% DOGE 0.09 ▼ 2.36% AVAX 7.77 ▼ 3.48% LINK 8.03 ▼ 3.60% DOT 1.06 ▼ 4.04% LTC 46.33 ▼ 1.73% BCH 248.81 ▲ 2.49% TRX 0.33 ▼ 0.43% XLM 0.21 ▼ 1.36% HBAR 0.08 ▼ 0.30% NEAR 2.38 ▼ 15.59% ATOM 1.82 ▼ 1.97% AAVE 72.02 ▼ 3.22% SELIC 14.50% EMBRAER 69.67 ▼ 3.17% EMBRAER ADR 56.13 ▲ 1.68% JBS 12.10 ▲ 1.81% JBS BDR 59.90 ▼ 1.17% MBRF3 15.78 ▼ 0.44% MBRFY 3.06 — 0.00% INTER 5.74 ▼ 1.12% EGX 52,653 ▲ 0.17% USD/ZAR 16.30 ▼ 0.18% USD/NGN 1,358 ▲ 0.06% NIKKEI 67,471 ▼ 1.36% CSI300 4,905 ▼ 0.69% HSI 25,253 ▼ 1.48% NIFTY 23,417 ▲ 0.05% KOSPI 8,639 ▼ 1.84% JCI 5,840 ▼ 1.70% USD/JPY 159.98 ▼ 0.01% USD/CNY 6.7730 ▲ 0.06% DAX 24,945 ▲ 0.60% CAC 8,244 ▲ 1.15% FTSE 10,360 ▲ 0.27% MIB 50,174 ▲ 0.27% IBEX 18,276 ▲ 0.55% STOXX 624.45 ▲ 0.52% EUR/USD 1.1624 ▲ 0.19% GBP/USD 1.3427 ▲ 0.04% SPX 7,593 ▲ 0.52% DJI 51,477 ▲ 1.56% NDX 30,538 ▼ 0.11% RUT 2,935 ▲ 1.42% TSX 35,172 ▲ 1.07% VIX 15.34 ▼ 4.48% USD/CAD 1.3899 ▲ 0.04% US10Y 4.4730 ▼ 0.40% IBOV 170,331 ▼ 2.22% IPSA 10,296 ▼ 0.61% IPC MEX 67,423 ▼ 1.26% MERVAL 3,179,379 ▲ 0.48% COLCAP 2,238.99 ▼ 1.13% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.05 ▼ 0.38% USD/MXN 17.28 ▼ 0.34% USD/CLP 895.11 ▼ 0.07% USD/COP 3,564 ▼ 0.65% USD/PEN 3.41 ▲ 0.08% USD/ARS 1,437 ▼ 0.17% USD/UYU 40.36 ▲ 1.76% USD/PYG 6,037 ▲ 1.68% USD/BOB 6.86 ▲ 1.82% USD/DOP 58.00 ▲ 0.52% USD/CRC 456.90 ▲ 3.01% USD/GTQ 7.62 ▲ 2.22% USD/HNL 26.64 ▲ 0.49% USD/NIO 36.62 ▲ 0.34% USD/VES 558.97 ▼ 0.13% USD/PAB 1.00 ▲ 2.20% USD/BZD 2.00 ▲ 1.64% USD/JMD 155.98 ▲ 0.15% USD/TTD 6.66 ▲ 0.15% EUR/BRL 5.87 ▲ 0.74% BRENT 94.43 ▼ 3.46% WTI 92.10 ▼ 4.08% IRON ORE 161.91 — — COPPER 6.55 ▲ 1.04% GOLD 4,507 ▲ 1.58% SILVER 74.29 ▲ 1.11% SOY 1,131 ▼ 2.04% CORN 424.75 ▼ 1.56% WHEAT 582.50 ▼ 0.81% COFFEE 247.35 ▼ 2.27% SUGAR 14.28 ▲ 0.28% ORANGE JUICE 168.75 ▲ 0.21% COTTON 74.36 ▼ 3.09% COCOA 3,929 ▼ 3.51% BEEF 241.68 ▼ 2.01% CATTLE 353.38 ▲ 3.14% LITHIUM 83.22 ▼ 1.94% PETR4 41.25 ▼ 0.77% VALE3 81.79 ▼ 3.78% ITUB4 38.72 ▼ 2.12% BBDC4 17.37 ▼ 2.14% ABEV3 16.07 ▼ 2.31% BBAS3 19.53 ▼ 1.81% B3SA3 15.52 ▼ 4.67% WEGE3 41.78 ▼ 0.52% PRIO3 62.59 ▲ 0.98% SUZB3 41.22 ▲ 1.95% RENT3 40.44 ▼ 3.32% AZZA3 17.38 ▼ 8.48% CSAN3 3.58 ▼ 7.73% RAIZ4 0.39 ▲ 2.63% PCAR3 1.54 ▼ 1.91% GMAT3 4.20 ▼ 0.24% PSSA3 48.16 ▼ 1.19% CVCB3 1.48 ▼ 3.90% POSI3 3.75 ▼ 7.64% SLCE3 14.98 ▼ 2.03% NATU3 9.80 ▼ 0.61% BRKM5 9.43 ▼ 5.79% RANI3 7.90 ▲ 0.51% CSNA3 6.68 ▼ 6.31% CMIN3 4.50 ▼ 5.86% USIM5 11.46 ▼ 4.82% GGBR4 24.13 ▼ 2.11% ENEV3 24.23 ▼ 4.42% NEOE3 33.80 — 0.00% CPFE3 43.30 ▼ 0.46% CMIG4 10.86 ▼ 1.27% EQTL3 39.81 ▲ 1.89% LREN3 14.64 ▼ 5.67% VIVT3 33.75 ▼ 0.15% RAIL3 13.89 ▼ 2.11% KLABIN 16.76 ▼ 0.89% RAIA DROGASIL 17.51 ▼ 3.26% RDOR3 33.11 ▼ 3.33% HAPV3 11.22 ▼ 8.26% FLRY3 14.70 ▼ 4.11% SMTO3 17.30 ▼ 1.14% UGPA3 24.92 ▼ 3.07% VBBR3 29.48 ▼ 2.16% BBSE3 35.04 ▼ 0.26% BPAC11 50.71 ▼ 4.77% CURY3 29.45 ▼ 6.00% AERI3 2.31 ▼ 1.28% VIVARA 20.50 ▼ 4.21% COMPASS 25.79 ▼ 2.68% VAMOS 2.94 ▼ 1.01% SANB11 26.72 ▼ 2.34% ASAI3 8.79 ▼ 2.87% SBSP3 27.23 ▼ 1.66% WALMEX 51.64 ▼ 1.02% GMEXICO 209.34 ▼ 2.19% FEMSA 211.16 ▼ 0.31% CEMEX 22.42 ▼ 0.13% GFNORTE 179.56 ▼ 0.63% BIMBO 57.15 ▼ 2.11% TELEVISA 9.26 ▲ 2.43% AMX 21.83 ▼ 1.67% GAP 413.32 ▼ 1.23% ASUR 293.80 ▼ 1.00% OMA 217.51 ▼ 0.98% KOF 185.68 ▼ 0.73% GRUMA 292.77 ▼ 0.56% KIMBER 38.05 ▼ 0.11% SQM-B 69,880 ▼ 1.58% COPEC 6,124 ▲ 0.39% BSANTANDER 68.67 ▲ 0.84% FALABELLA 5,450 ▲ 0.01% ENELAM 76.56 ▼ 0.27% CENCOSUD 2,157 ▼ 0.49% CMPC 1,048 ▲ 1.91% BANCO CHILE 165.71 ▲ 1.05% LATAM AIR 22.33 ▲ 0.18% YPF 83,625 ▲ 0.69% GGAL 7,390 ▲ 0.54% PAMPA 5,130 ▲ 0.29% TXAR 690.50 ▲ 1.92% ALUAR 1,012 ▼ 0.30% TGS 9,200 ▼ 0.05% CEPU 2,271 ▼ 1.65% MIRGOR 17,000 ▲ 0.44% COME 47.70 ▼ 0.44% LOMA NEGRA 3,450 ▼ 0.07% BYMA 293.00 — 0.00% TELECOM ARG 4,020 ▼ 0.80% ECOPETROL 15.50 ▼ 0.51% BANCOLOMBIA 72.21 ▼ 0.06% GRUPO AVAL 4.92 ▼ 1.20% CREDICORP 330.05 ▲ 0.80% SOUTHERN COPPER 192.89 ▼ 1.88% BUENAVENTURA 34.38 ▲ 1.52% MERCADOLIBRE 1,634 ▼ 0.28% NUBANK 12.05 ▲ 3.48% XP 15.63 ▲ 0.16% PAGSEGURO 8.75 ▼ 0.29% STONE 10.70 ▲ 0.52% GLOBANT 39.37 ▼ 0.76% TECNOGLASS 42.31 ▼ 0.09% GAP AIRPORT 239.03 ▼ 0.70% ASUR 293.80 ▼ 1.00% OMA AIRPORT 100.40 ▼ 0.77% AMX ADR 25.24 ▼ 1.17% FEMSA ADR 122.19 ▲ 0.31% CEMEX ADR 12.97 ▲ 0.50% PETROBRAS ADR 18.05 ▼ 0.80% VALE ADR 15.78 ▼ 1.77% ITAU ADR 7.65 ▲ 0.79% SANTANDER BR 5.33 ▲ 0.47% AMBEV ADR 3.12 ▼ 0.80% CSN 1.29 ▼ 1.53% GERDAU 4.72 ▼ 0.63% LATAM ADR 49.35 ▼ 0.72% BTC 63,515 ▼ 0.78% ETH 1,770 ▼ 2.28% SOL 69.21 ▼ 3.35% XRP 1.17 ▼ 2.39% BNB 605.89 ▼ 2.29% ADA 0.19 ▼ 6.06% DOGE 0.09 ▼ 2.36% AVAX 7.77 ▼ 3.48% LINK 8.03 ▼ 3.60% DOT 1.06 ▼ 4.04% LTC 46.33 ▼ 1.73% BCH 248.81 ▲ 2.49% TRX 0.33 ▼ 0.43% XLM 0.21 ▼ 1.36% HBAR 0.08 ▼ 0.30% NEAR 2.38 ▼ 15.59% ATOM 1.82 ▼ 1.97% AAVE 72.02 ▼ 3.22% SELIC 14.50% EMBRAER 69.67 ▼ 3.17% EMBRAER ADR 56.13 ▲ 1.68% JBS 12.10 ▲ 1.81% JBS BDR 59.90 ▼ 1.17% MBRF3 15.78 ▼ 0.44% MBRFY 3.06 — 0.00% INTER 5.74 ▼ 1.12% EGX 52,653 ▲ 0.17% USD/ZAR 16.30 ▼ 0.18% USD/NGN 1,358 ▲ 0.06% NIKKEI 67,471 ▼ 1.36% CSI300 4,905 ▼ 0.69% HSI 25,253 ▼ 1.48% NIFTY 23,417 ▲ 0.05% KOSPI 8,639 ▼ 1.84% JCI 5,840 ▼ 1.70% USD/JPY 159.98 ▼ 0.01% USD/CNY 6.7730 ▲ 0.06% DAX 24,945 ▲ 0.60% CAC 8,244 ▲ 1.15% FTSE 10,360 ▲ 0.27% MIB 50,174 ▲ 0.27% IBEX 18,276 ▲ 0.55% STOXX 624.45 ▲ 0.52% EUR/USD 1.1624 ▲ 0.19% GBP/USD 1.3427 ▲ 0.04% SPX 7,593 ▲ 0.52% DJI 51,477 ▲ 1.56% NDX 30,538 ▼ 0.11% RUT 2,935 ▲ 1.42% TSX 35,172 ▲ 1.07% VIX 15.34 ▼ 4.48% USD/CAD 1.3899 ▲ 0.04% US10Y 4.4730 ▼ 0.40%
since 2009
Thursday, June 4, 2026

2016 Olympics Politics - Brazil

Olympic Committee Arrives in Rio

By · May 5, 2009 · 3 min read

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By Philip Sever, Contributing Reporter

Sergio Cabral and Eduardo Paes Photographer Carlos Magno
Sergio Cabral and Eduardo Paes, photo by Carlos Magno.
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RIO DE JANEIRO – Last Wednesday (April 29) the International Olympic Committee arrived in Rio to discuss the city’s bid for the 2016 Olympic Games. The meeting began at the Copacabana Palace Hotel where the thirteen IOC members were met by the Governor Sergio Cabral, Mayor Eduardo Paes, the Minister for Sports Orlando Silva, the Minister for Tourism Luiz Barretto and the Minister for Cities Marcio Fortes, as well as the president of Banco Central (BC) Henrique Meirelles.

The thirteen delegates from the Commission are charged with evaluating Rio’s bid for the 2016 Olympics and to ultimately decide which is the strongest candidate city – Rio, Tokyo, Madrid or Chicago.

The IOC stayed in Rio until Saturday, when they moved on to the fourth and final city of the tour, Madrid. On Thursday they met with President Lula and the Foreign Minister Celso Amorim, who have both fully backed the city’s bid and went on an interpersonal charm offensive. In contrast, Barack Obama sent a video taped message to the delegates during their visit to Chicago, and Rio’s team hopes that the personal touch will not have gone unnoticed.

On Friday the IOC were taken on a tour of the venues where the games will be held, and Paes even took part in a running race with Nawal el-Moutawakel, an IOC member from Morrocco and herself a former Olympic gold medallist, whilst others were treated to a dribbling lesson from Pele.

After the photo opportunities Ricardo Leyser, a minister for the Department for Sport, together with 574 civil servants made a presentation about how the sporting venues and Olympic village will be constructed, providing assurances on funding and ticket pricing, and using both 2007s Pan American Games and the 2014 World Cup as crucial elements towards building the necessary infrastructure for the world’s greatest sporting event.

In his address Eduardo Paes reassured the IOC that, “We know how to conduct extremely complex operations which involve millions of people,” whilst others said their knowledge in staging events such as Carnival, the Pan American Games and Reveillon (New Years Eve) demonstrate Rio’s ability to host the Olympics.

The politicians also stated that Brazil’s stable economy which has staved off recession despite the world financial crisis is yet another reason why the games should be held here in Rio. The projected cost of staging the Rio Olympics is estimated at US $14.4 billion, but the long term benefits it would bring to the city are huge, not to mention the pride in hosting South America’s first ever Olympic Games.

Eduardo Paes made his own plea to the people, saying, “The possibilities are very great for Rio de Janeiro. This week I ask for the population to mobilize itself. They should fly the Brazilian flag in their windows and dress in Brazilian colours. This is an important chance to declare their love of Rio de Janeiro. Our job is to show why Rio is the most wonderful city in the world.”

Sergio Cabral summed up the strengths of the bid by simply saying, “In no other place in the world you will find a people so receptive, who really love to interact with people from all over the world.”

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