IBOV 176,247 ▲ 0.29% IPSA 10,928 ▲ 0.16% IPC MEX 66,680 ▲ 1.07% MERVAL 3,238,842 ▲ 0.11% COLCAP 2,296.85 ▼ 0.47% BVL PERÚ 56,428.20 ▲ 1.53% USD/BRL5.07▼ 1.25% USD/MXN17.42▼ 0.63% USD/CLP923.30▼ 1.03% USD/COP3,251▼ 0.35% USD/PEN3.39▼ 0.67% USD/ARS1,473▼ 0.67% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.34▲ 0.44% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% 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▼ 0.36% BRENT 85.03 ▲ 2.08% WTI 79.34 ▲ 1.54% IRON ORE 161.91 — — COPPER 6.38 ▲ 2.33% GOLD 4,066 ▲ 1.73% SILVER 59.05 ▲ 2.45% SOY 1,193 ▼ 0.77% CORN 460.75 ▲ 5.25% WHEAT 646.75 ▲ 3.15% COFFEE 324.35 ▼ 4.99% SUGAR 14.88 ▲ 0.88% ORANGE JUICE 138.50 ▼ 2.84% COTTON 81.68 ▲ 2.32% COCOA 5,924 ▲ 4.00% BEEF 231.78 ▼ 1.26% CATTLE 349.65 ▼ 1.33% LITHIUM 71.40 ▲ 1.65% PETR4 40.76 ▲ 0.25% VALE3 74.10 ▲ 1.72% ITUB4 43.51 ▼ 0.02% BBDC4 18.59 ▼ 0.96% ABEV3 15.88 ▲ 0.32% BBAS3 20.53 ▲ 1.43% B3SA3 15.34 ▲ 1.46% WEGE3 44.22 ▼ 0.38% PRIO3 57.04 ▼ 0.28% SUZB3 41.15 ▼ 0.82% RENT3 40.36 ▲ 0.40% AZZA3 18.82 ▼ 2.08% CSAN3 3.91 ▲ 0.26% RAIZ4 0.32 ▼ 3.03% PCAR3 2.48 ▼ 4.25% GMAT3 3.96 ▲ 0.51% PSSA3 54.11 ▲ 0.13% CVCB3 1.27 ▲ 1.60% POSI3 3.94 ▼ 1.25% SLCE3 13.75 ▼ 0.87% NATU3 8.50 ▼ 1.16% BRKM5 6.69 ▼ 3.60% RANI3 8.02 ▲ 0.88% CSNA3 5.23 ▼ 0.19% CMIN3 5.21 ▼ 4.40% USIM5 8.31 ▼ 0.84% GGBR4 23.13 ▲ 1.36% ENEV3 26.82 ▼ 0.22% CPFE3 47.16 ▲ 0.68% CMIG4 11.13 ▲ 0.54% EQTL3 40.48 ▲ 0.67% LREN3 14.14 ▼ 0.07% VIVT3 35.32 ▲ 1.70% RAIL3 14.14 ▲ 0.21% KLABIN 17.36 ▼ 0.69% RAIA DROGASIL 18.43 ▲ 1.26% RDOR3 35.60 ▲ 0.11% HAPV3 10.65 ▲ 1.82% FLRY3 16.31 ▲ 0.99% SMTO3 16.19 ▼ 1.10% UGPA3 30.22 ▼ 2.30% VBBR3 33.08 ▲ 0.98% BBSE3 40.15 ▼ 0.32% BPAC11 58.02 ▲ 0.87% CURY3 32.81 ▼ 0.94% AERI3 2.08 — 0.00% VIVARA 23.28 ▲ 0.74% COMPASS 25.15 ▲ 1.53% VAMOS 3.04 ▲ 0.66% SANB11 27.34 ▼ 0.11% ASAI3 8.65 ▼ 0.69% SBSP3 30.33 ▼ 0.13% WALMEX 49.65 — 0.00% GMEXICO 201.03 ▲ 2.78% FEMSA 233.18 ▲ 3.47% CEMEX 22.08 ▲ 1.38% GFNORTE 187.02 ▲ 2.72% BIMBO 56.59 ▲ 1.29% TELEVISA 9.47 ▼ 1.46% AMX 22.89 ▲ 1.33% GAP 387.15 ▼ 5.15% ASUR 278.30 ▼ 0.13% OMA 233.90 ▲ 0.25% KOF 182.20 ▲ 0.52% GRUMA 283.45 ▲ 0.74% KIMBER 38.47 ▲ 0.65% SQM-B 67,646 ▲ 0.65% COPEC 6,091 ▲ 0.55% BSANTANDER 78.80 ▲ 0.77% FALABELLA 5,904 ▼ 0.02% ENELAM 85.20 ▲ 1.19% CENCOSUD 2,060 ▲ 0.98% CMPC 1,081 ▲ 0.25% BANCO CHILE 188.25 ▲ 1.76% LATAM AIR 24.70 ▼ 0.80% YPF 77,300 ▲ 0.16% GGAL 8,025 ▼ 0.68% PAMPA 5,200 ▼ 0.48% TXAR 663.00 ▼ 0.23% ALUAR 959.50 ▼ 0.52% TGS 9,715 ▲ 1.52% CEPU 2,300 ▼ 0.82% MIRGOR 16,825 ▼ 1.03% COME 45.24 ▲ 1.03% LOMA NEGRA 3,563 ▲ 1.86% BYMA 305.50 ▼ 0.89% TELECOM ARG 4,263 ▲ 0.29% ECOPETROL 16.00 ▲ 0.76% BANCOLOMBIA 82.06 ▲ 2.04% GRUPO AVAL 4.93 ▲ 0.41% CREDICORP 391.40 ▲ 0.56% SOUTHERN COPPER 180.39 ▲ 3.36% BUENAVENTURA 30.73 ▲ 3.05% MERCADOLIBRE 1,874 ▲ 0.37% NUBANK 14.00 ▲ 2.38% XP 16.83 ▲ 2.81% PAGSEGURO 9.25 ▼ 0.32% STONE 11.22 ▲ 0.63% GLOBANT 31.78 ▼ 1.06% TECNOGLASS 43.41 ▲ 1.33% GAP AIRPORT 221.79 ▼ 4.72% ASUR 278.30 ▼ 0.13% OMA AIRPORT 107.37 ▲ 1.17% AMX ADR 26.22 ▲ 0.71% FEMSA ADR 133.96 ▲ 3.83% CEMEX ADR 12.70 ▲ 2.01% PETROBRAS ADR 17.96 ▲ 0.42% VALE ADR 14.58 ▲ 2.79% ITAU ADR 8.58 ▲ 1.24% SANTANDER BR 5.41 ▲ 1.03% AMBEV ADR 3.11 ▲ 1.47% CSN 1.03 ▲ 0.11% GERDAU 4.57 ▲ 1.79% LATAM ADR 53.67 ▲ 0.64% BTC 64,689 ▲ 3.94% ETH 1,872 ▲ 5.58% SOL 77.23 ▲ 3.16% XRP 1.10 ▲ 3.62% BNB 581.27 ▲ 2.58% ADA 0.17 ▲ 5.00% DOGE 0.07 ▲ 3.72% AVAX 6.64 ▲ 3.04% LINK 8.26 ▲ 4.89% DOT 0.86 ▲ 2.33% LTC 44.59 ▲ 2.53% BCH 237.54 ▲ 0.55% TRX 0.32 ▲ 0.27% XLM 0.18 ▲ 2.15% HBAR 0.07 ▲ 0.26% NEAR 2.04 ▲ 6.12% ATOM 1.55 ▲ 1.04% AAVE 99.93 ▲ 5.90% SELIC 14.25% EMBRAER 83.04 ▲ 0.04% EMBRAER ADR 65.48 ▲ 1.55% JBS 11.85 ▲ 0.42% JBS BDR 60.05 ▼ 0.92% MBRF3 16.02 ▲ 1.91% MBRFY 3.10 ▲ 1.64% INTER 5.66 ▲ 0.18% EGX 52,299 ▼ 0.59% USD/ZAR16.36▼ 0.68% USD/NGN1,381▲ 0.07% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY162.12▼ 0.20% 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SILVER 59.05 ▲ 2.45% SOY 1,193 ▼ 0.77% CORN 460.75 ▲ 5.25% WHEAT 646.75 ▲ 3.15% COFFEE 324.35 ▼ 4.99% SUGAR 14.88 ▲ 0.88% ORANGE JUICE 138.50 ▼ 2.84% COTTON 81.68 ▲ 2.32% COCOA 5,924 ▲ 4.00% BEEF 231.78 ▼ 1.26% CATTLE 349.65 ▼ 1.33% LITHIUM 71.40 ▲ 1.65% PETR4 40.76 ▲ 0.25% VALE3 74.10 ▲ 1.72% ITUB4 43.51 ▼ 0.02% BBDC4 18.59 ▼ 0.96% ABEV3 15.88 ▲ 0.32% BBAS3 20.53 ▲ 1.43% B3SA3 15.34 ▲ 1.46% WEGE3 44.22 ▼ 0.38% PRIO3 57.04 ▼ 0.28% SUZB3 41.15 ▼ 0.82% RENT3 40.36 ▲ 0.40% AZZA3 18.82 ▼ 2.08% CSAN3 3.91 ▲ 0.26% RAIZ4 0.32 ▼ 3.03% PCAR3 2.48 ▼ 4.25% GMAT3 3.96 ▲ 0.51% PSSA3 54.11 ▲ 0.13% CVCB3 1.27 ▲ 1.60% POSI3 3.94 ▼ 1.25% SLCE3 13.75 ▼ 0.87% NATU3 8.50 ▼ 1.16% BRKM5 6.69 ▼ 3.60% RANI3 8.02 ▲ 0.88% CSNA3 5.23 ▼ 0.19% CMIN3 5.21 ▼ 4.40% USIM5 8.31 ▼ 0.84% GGBR4 23.13 ▲ 1.36% ENEV3 26.82 ▼ 0.22% CPFE3 47.16 ▲ 0.68% CMIG4 11.13 ▲ 0.54% EQTL3 40.48 ▲ 0.67% LREN3 14.14 ▼ 0.07% VIVT3 35.32 ▲ 1.70% RAIL3 14.14 ▲ 0.21% KLABIN 17.36 ▼ 0.69% RAIA DROGASIL 18.43 ▲ 1.26% RDOR3 35.60 ▲ 0.11% HAPV3 10.65 ▲ 1.82% FLRY3 16.31 ▲ 0.99% SMTO3 16.19 ▼ 1.10% UGPA3 30.22 ▼ 2.30% VBBR3 33.08 ▲ 0.98% BBSE3 40.15 ▼ 0.32% BPAC11 58.02 ▲ 0.87% CURY3 32.81 ▼ 0.94% AERI3 2.08 — 0.00% VIVARA 23.28 ▲ 0.74% COMPASS 25.15 ▲ 1.53% VAMOS 3.04 ▲ 0.66% SANB11 27.34 ▼ 0.11% ASAI3 8.65 ▼ 0.69% SBSP3 30.33 ▼ 0.13% WALMEX 49.65 — 0.00% GMEXICO 201.03 ▲ 2.78% FEMSA 233.18 ▲ 3.47% CEMEX 22.08 ▲ 1.38% GFNORTE 187.02 ▲ 2.72% BIMBO 56.59 ▲ 1.29% TELEVISA 9.47 ▼ 1.46% AMX 22.89 ▲ 1.33% GAP 387.15 ▼ 5.15% ASUR 278.30 ▼ 0.13% OMA 233.90 ▲ 0.25% KOF 182.20 ▲ 0.52% GRUMA 283.45 ▲ 0.74% KIMBER 38.47 ▲ 0.65% SQM-B 67,646 ▲ 0.65% COPEC 6,091 ▲ 0.55% BSANTANDER 78.80 ▲ 0.77% FALABELLA 5,904 ▼ 0.02% ENELAM 85.20 ▲ 1.19% CENCOSUD 2,060 ▲ 0.98% CMPC 1,081 ▲ 0.25% BANCO CHILE 188.25 ▲ 1.76% LATAM AIR 24.70 ▼ 0.80% YPF 77,300 ▲ 0.16% GGAL 8,025 ▼ 0.68% PAMPA 5,200 ▼ 0.48% TXAR 663.00 ▼ 0.23% ALUAR 959.50 ▼ 0.52% TGS 9,715 ▲ 1.52% CEPU 2,300 ▼ 0.82% MIRGOR 16,825 ▼ 1.03% COME 45.24 ▲ 1.03% LOMA NEGRA 3,563 ▲ 1.86% BYMA 305.50 ▼ 0.89% TELECOM ARG 4,263 ▲ 0.29% ECOPETROL 16.00 ▲ 0.76% BANCOLOMBIA 82.06 ▲ 2.04% GRUPO AVAL 4.93 ▲ 0.41% CREDICORP 391.40 ▲ 0.56% SOUTHERN COPPER 180.39 ▲ 3.36% BUENAVENTURA 30.73 ▲ 3.05% MERCADOLIBRE 1,874 ▲ 0.37% NUBANK 14.00 ▲ 2.38% XP 16.83 ▲ 2.81% PAGSEGURO 9.25 ▼ 0.32% STONE 11.22 ▲ 0.63% GLOBANT 31.78 ▼ 1.06% TECNOGLASS 43.41 ▲ 1.33% GAP AIRPORT 221.79 ▼ 4.72% ASUR 278.30 ▼ 0.13% OMA AIRPORT 107.37 ▲ 1.17% AMX ADR 26.22 ▲ 0.71% FEMSA ADR 133.96 ▲ 3.83% CEMEX ADR 12.70 ▲ 2.01% PETROBRAS ADR 17.96 ▲ 0.42% VALE ADR 14.58 ▲ 2.79% ITAU ADR 8.58 ▲ 1.24% SANTANDER BR 5.41 ▲ 1.03% AMBEV ADR 3.11 ▲ 1.47% CSN 1.03 ▲ 0.11% GERDAU 4.57 ▲ 1.79% LATAM ADR 53.67 ▲ 0.64% BTC 64,689 ▲ 3.94% ETH 1,872 ▲ 5.58% SOL 77.23 ▲ 3.16% XRP 1.10 ▲ 3.62% BNB 581.27 ▲ 2.58% ADA 0.17 ▲ 5.00% DOGE 0.07 ▲ 3.72% AVAX 6.64 ▲ 3.04% LINK 8.26 ▲ 4.89% DOT 0.86 ▲ 2.33% LTC 44.59 ▲ 2.53% BCH 237.54 ▲ 0.55% TRX 0.32 ▲ 0.27% XLM 0.18 ▲ 2.15% HBAR 0.07 ▲ 0.26% NEAR 2.04 ▲ 6.12% ATOM 1.55 ▲ 1.04% AAVE 99.93 ▲ 5.90% 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Opinion: Rio’s “Fake News!” Carnival

By · November 4, 2017 · 3 min read

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Opinion by Michael Royster

RIO DE JANEIRO, BRAZIL – The Curmudgeon really shouldn’t write about Carnival, because he doesn’t appreciate it properly. He has, after all, fallen asleep at the Sambódromo during one of the splendiferous parades. Fact.

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Michael Royster, aka The Curmudgeon.
Michael Royster, aka The Curmudgeon.
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So, this Curmudgeonly contribution to Carioca culture is not about Carnival — it’s about the Colliers Dictionary 2017 Word of the Year: “fake news”.

A story in yesterday’s Globo newspaper repeats the misleading claim that Mayor Marcello Crivella has cut the “subventions” paid to the major Samba Schools by fifty percent.

Fake news!

In late 2016, outgoing Mayor Eduardo Paes, in a blatant attempt to buy votes for his preferred successor, dramatically increased the city’s “subvention” by one hundred percent, from R$1 million to R$2 million.

In 2017, incoming Mayor Crivella chose to reinstate the 2016 figure, which had previously been deemed sufficient by the Samba Schools. The 2018 “subvention” is not really a reduction, it’s a return to reality.
Fact.

Moving on, the Curmudgeon spied in the same Globo issue, an opinion article claiming the Mayor’s failure to fund the minor samba schools borders on “the crime of lesa cultura” which in English might be rendered “lèse culture”, similar to “lèse majesté” — defined by Colllns Dictionary as “insolent or slighting behavior towards a sovereign”.

In modern governments, there is no crime of “lèse culture”, just as there is no crime of “lèse majesté”.

Fake news!

The Globo article claims that the minor samba school leagues are the seedlings of the world-renowned mega-event that has made Rio famous, and that if the City does not nurture these sprouts, all of Carnaval will soon wither and fade away.

Fake news!

What the Curmudgeon knows is that Culture (with a capital “C”), that which is truly popular, has always come from the hearts and minds and bodies and souls of people, not from the purses of the government tax collector. True Culture is popular because the people create it, and love it and nurture it and exercise it.

Fact.

True Culture does not depend upon government participation, and for a very good reason — governments are censors. The primary function of any Ministry of Culture is to define what is “culture” and what is not; the secondary function is to support “culture” that fits within its definition, and to censor anything else.

Fact.

True Culture, of course, has always thrived beyond the pale of government censors. For instance, samba was banned by past governments; funk is banned by governments today; however, both survive and thrive because they are of the people, by the people, and for the people.

Fact.

To say that samba schools in the B, C, D and E minor leagues will not survive without the pittance they’ve been getting from the Rio government is, yet again, “Fake news!” The good ones will thrive, through the support of the people; the poor ones will not.

Fact.

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