Thursday opens at 23°C in Rio with the high-pressure ridge warming to 30°C and 10% rain through the day, building toward 31°C Friday and 32°C Saturday. The day’s headlines stack heavily: Flamengo visit Independiente Medellín at the Atanasio Girardot 21h30 BRT (Libertadores R4) where a win secures Round of 16. The Supremo Tribunal Federal resumes the ADI 4917 oil-royalties trial that could cost Rio state R$20 to 30 billion a year. Botafogo enter Thursday already qualified for the Sul-Americana playoffs after Wednesday’s 2–1 win over Racing. Markets digest Bradesco’s after-close Q1 release alongside Wednesday’s Ibovespa rally above 188,000.
This is part of The Rio Times’ daily Rio de Janeiro/São Paulo daily guide coverage for expats and the international community.
01Weather & What to WearFORECAST
Thursday closes the dry-ridge week with a warm, stable 30°C and minimal cloud. Friday and Saturday push the late-autumn heat envelope to 31°C and 32°C respectively, the warmest stretch since Carnaval. Sunday a frente cools to 27°C with 20% rain returning. Light cotton through the day; sunset 17h44 with the overnight low at 23°C.
02Day at a GlanceSNAPSHOT
A loaded Thursday with the Carioca quartet’s continental finale, Rio’s most consequential fiscal trial in over a decade, and a banking-earnings tape that closes the post-Copom-ata week. The Brasileirão returns Saturday at the Maracanã.
03What to See & DoCULTURE
Yoshitaka Amano — full Thursday hours
The Centro Cultural Banco do Brasil runs full Thursday 9h–20h hours with the 218-original Yoshitaka Amano retrospective on the second floor (Tatsunoko, Final Fantasy, Candy Girl, Devaloka, Vampire Hunter D, Angel’s Egg, Colaborações), curated by Antonio Curti through June 22. The immersive AYA Studio room built from 13 Devaloka works is the show’s centrepiece. Free admission · Wed–Mon 9h–20h · Rua Primeiro de Março 66, Centro · Tickets at the bilheteria or bb.com.br/cultura · Metrô Uruguaiana or VLT Candelária.
No Martins, 36th Bienal, Augusti — paid Thursday
The Museu de Arte do Rio runs Thursday 11h–18h with the full programme: No Martins’s Sortilégios de desvio in the Reynaldo Roels rooms (the largest institutional show by the Belo Horizonte painter of Black Brazilian life), the touring 36th Bienal de São Paulo selection curated by Keyna Eleison with works by 20 artists, and Guilhermina Augusti’s first institutional solo. Saturday May 9 is the next free-admission day. R$20 / R$10 meia · Wed–Sun 11h–18h · Praça Mauá 5, Centro · Metrô Uruguaiana plus VLT Parada dos Museus.
Rubem Valentim retrospective + Burle Marx grounds
The MAM Rio runs Thursday 10h–18h with the Bahian master’s geometric-Afro retrospective in the Reynaldo Roels rooms and the Hélio Oiticica permanent gallery. The Burle Marx-park grounds at 30°C make the approach walk one of the best outdoor combinations in Centro. The MAM-MAR-CCBB triangle works well today via the VLT Parada dos Museus connection. Free admission · Tue–Sun 10h–18h · Av. Infante Dom Henrique 85 · Metrô Cinelândia or Largo do Machado, 15-min walk through the park.
04Getting AroundTRANSPORT
MetrôRio runs full weekday hours: 5h to midnight. Line 1/4 (Jardim Oceânico–Uruguai) and Line 2 (Pavuna–Botafogo) at peak frequencies, with the Estácio interchange running normally. The BRT TransOlímpico, TransCarioca, and TransOeste corridors all run their standard weekday timetables. Note: rodízio (the rotating plate-based driving restriction) is not in force in the city of Rio de Janeiro; the scheme applies only to São Paulo.
Aterro do Flamengo, Avenida Atlântica, Avenida Vieira Souto, and Avenida Niemeyer all run normal Thursday flow. CET-Rio’s morning advisory notes the Centro tightens around 17h45 with the post-trading-floor exodus from Avenida Rio Branco and the Praça Antonio Prado area. Galeão (GIG) Thursday arrivals run normal volumes; Santos Dumont domestic shuttle runs every 30 minutes São Paulo–Rio with full Thursday capacity. There is no Carioca-side football fixture at the Maracanã or the Nilton Santos tonight; the Flamengo match is in Medellín on the Atanasio Girardot.
05Where to EatFOOD
The Centro lunch circuit after the morning museum window: Confeitaria Colombo at Rua Gonçalves Dias 32, Centro runs the prato-do-dia in the 1894 Belle-Époque mirrored hall (R$78, 12h–17h, Mon–Sat). Bar Luiz at Rua da Carioca 39 (since 1887) runs choucroute and the German-Brazilian classics from 12h. Cais do Oriente at Rua Visconde de Itaboraí 8 runs Thursday lunch from 12h with the bacalhau-do-porto in the restored 1840s warehouse. Café do MAM at Avenida Infante Dom Henrique 85 runs the prato executivo at R$65 from 12h–16h.
Thursday dinner runs full programme. Lasai at Rua Conde de Irajá 191, Botafogo (Rafa Costa e Silva tasting R$420, 19h–23h, reservations essential). Oro at Rua General San Martin 889, Leblon (Felipe Bronze tasting R$540 from 19h). Olympe at Rua Custódio Serrão 62, Lagoa (Claude Troisgros menu, 19h–23h). Bar Lagoa at Avenida Epitácio Pessoa 1674 runs the eisbein and the Lagoa-front canecas until 1h with the Flamengo broadcast on the wall (mains R$60–R$110). Aconchego Carioca at Rua Barão de Iguatemi 379, Praça da Bandeira runs the bolinho-de-feijoada Thursday programme from 18h.
06Practical InfoESSENTIALS
Bank branches run standard weekday hours 10h–16h Thursday; ATM and digital channels run continuously. The Receita Federal Centro branch at Rua do Acre 73 opens 8h–17h for tax filing; the May 30 deadline for the 2025 IRPF declaration is now 23 days away. According to Receita Federal data through April, 53.2% of expected returns have been filed nationwide. Riotur tourist information posts at Copacabana, Ipanema, and Galeão run 9h–18h. Shopping centres operate 10h–22h. The B3 trades 10h to 17h25 (after-market 17h30–18h00).
07Community & LifestyleEXPAT LIFE
Thursday in Rio at 30°C with 10% rain: a strong beach window. Posto 9 in Ipanema and Posto 5 in Copacabana run the working-week Thursday rotation. Lifeguard cabins (Guarda-Vidas) staffed 7h–19h. The Lagoa Rodrigo de Freitas 7.2 km perimeter loop opens fully to runners and cyclists. Run Rio’s Thursday-evening 18h30 session leaves from the Parque dos Patins on Avenida Borges de Medeiros.
Working-week fitness: the British Society Athletic Club at Botafogo runs Thursday-evening tennis from 18h. The Hebraica Rio Wednesday-Thursday programme continues. The Corrida do Aterro group runs Thursday-evening 19h sessions from the Marina da Glória.
For the international community, the Goethe-Institut on Rua do Passeio 62 runs Thursday-evening Stammtisch German conversation at 19h. Alliance Française on Rua Conde de Irajá 36 holds Thursday cinema sessions at 19h30. The American Society of Rio Thursday programme runs from 18h. The British Chamber Rio Thursday business mixer runs from 18h30.
08Game DaySPORT
Flamengo at Medellín 21h30 Atanasio Girardot — qualification on the line
Tonight’s headline is in Medellín, not at the Maracanã: Flamengo visit Independiente Medellín at the Estádio Atanasio Girardot at 21h30 BRT, Libertadores Round 4 of Group A (ESPN, Disney+, ref Jesús Valenzuela of Venezuela). The Rubro-Negro lead the group with 7 points to Medellín’s third-place 4 points; a win opens a six-point gap with two rounds remaining and clinches Round of 16 qualification mathematically. The reverse fixture at the Maracanã ended 4–1 to Flamengo (Paquetá, Bruno Henrique, Arrascaeta, Pedro). Leonardo Jardim’s side enters after Sunday’s 2–2 with Vasco at the Maracanã (Pedro 7′, Jorginho 59′ pen; Renan 83′, Hugo Moura 90+6). Arrascaeta, Pulgar and Paquetá remain out; Carrascal returns. Probable XI: Rossi; Emerson Royal, Léo Ortiz, Léo Pereira, Alex Sandro; Evertton Araújo, Jorginho, Carrascal; Plata, Pedro, Samuel Lino. Independiente Medellín are in crisis after Sunday’s home loss to Rionegro and elimination from the Colombian championship; interim Sebastián Botero coaches.
Botafogo qualified, Vasco lead Group G, Fluminense survive
Wednesday night carried three Carioca clubs through continental fixtures with mixed results. Botafogo beat Racing 2–1 at the Nilton Santos (Di Césare OG 18′, Adrián Martínez 48′, Danilo 74′); the Glorioso top Group E with 10 points and have already secured at least the Sul-Americana playoffs with two rounds to spare. Vasco beat Audax Italiano 2–1 in Santiago after going down to a Saldivia OG 5′; Spinelli converted a 64′ penalty after Ortiz’s red card, and Matheus França sealed the turnaround at 71′. Vasco lead Group G with 7 points. Fluminense drew 1–1 at Independiente Rivadavia in Mendoza (Alex Arce 66′; John Kennedy 90′ equaliser); Rivadavia qualified for the Round of 16 with a perfect record (10 pts), and Flu sit last on 2 points and must win their two remaining home fixtures (Bolívar, then La Guaira) to keep a Sul-Americana berth alive.
09Business & MarketsFINANCE
Wednesday’s session rallied. Per Trading Economics, the Ibovespa rose nearly 1% to trade above 188,000 on US-Iran ceasefire prospects (Pakistani-mediated framework signals from both sides). Banks gained: Itaú +1%, Bradesco +2% ahead of after-close earnings, Banco do Brasil +1.7%. Vale jumped 3% on iron ore as Chinese trading resumed after the May Day holiday. Oil names fell on the crude drop: PRIO −4.2%, Petrobras −2.6%. The Brazil S&P Global Services PMI climbed to 52.3 in April from 50.1, the strongest expansion since the start of the year. The real held at R$4.91 against the dollar, the strongest since September 2022.
Itaú Unibanco’s confirmed Q1 print landed Tuesday at R$12.282 billion in recurring net income (up 10.4% YoY), with 24.8% consolidated ROE and 26.4% in Brazil. The number topped the Bloomberg consensus of R$12.191 billion but missed the LSEG average of R$12.5 billion. Per the Rio Times, Itaú’s 90-day NPL ratio of 1.9% is the lowest among the three private banks, and its 34.9% efficiency ratio runs roughly 10 percentage points better than peers. Bradesco’s Q1 release lands Wednesday after-close, with Bloomberg analysts expecting ROE around 14–15% — a confirmation would set the widest Itaú-Bradesco premium in at least five years.
The Rio-specific market story today: the Supremo Tribunal Federal resumes the merits trial of Direct Action of Unconstitutionality 4917 on Law 12.734/2012, which would shift national oil-royalty distribution toward non-producing states. Justice Cármen Lúcia froze the statute in March 2013 with a procedural injunction. Per the federation of Rio mayors, the projected loss for the state of Rio de Janeiro reaches R$48.3 billion at the state level for the 2020–2025 window alone, and R$68.7 billion for the fluminense municipalities. Acting Rio governor Ricardo Couto de Castro met President Lula and Justice Luiz Fux on April 30 to argue for stability. The next Copom meeting is June 17–18; Petrobras 1Q financial results land May 11 after market close, webcast May 12.
10Plan AheadCOMING UP
Fri May 8: CCBB and MAM open standard hours. Brazil April IPC-Fipe; weekend warm-up at 31°C with 10% rain.
Sat May 9: Flamengo x Bahia at the Maracanã 18h (Brasileirão R15, Premiere). Fluminense x Vitória in Rio Saturday. MAR free Saturday 11h–18h. 32°C, 5% rain.
Sun May 10: Brasileirão R15 continues. Aterro do Flamengo car-free 7h–18h. 27°C, 20% rain.
May 11: Petrobras 1Q financial results after market close.
May 12: Petrobras webcast (English/Portuguese).
May 18: Ancelotti announces 26-name Brazil World Cup squad at the Museu do Amanhã.
May 30: 2025 IRPF declaration deadline.
Jun 11 – Jul 19: FIFA World Cup Fan Fest on Copacabana beach.
11Frequently Asked QuestionsFAQ
Where is Flamengo playing on Thursday May 7?
Flamengo visit Independiente Medellín at the Estádio Atanasio Girardot in Medellín, Colombia at 21h30 BRT for Libertadores Round 4 of Group A. The match streams on ESPN and Disney+ with Jesús Valenzuela of Venezuela as the referee. Flamengo lead Group A with 7 points to Medellín’s 4 points; a win mathematically secures Round of 16 qualification. The reverse fixture at the Maracanã ended 4–1 to Flamengo. Probable XI: Rossi; Emerson Royal, Léo Ortiz, Léo Pereira, Alex Sandro; Evertton Araújo, Jorginho, Carrascal; Plata, Pedro, Samuel Lino.
What happened in the Wednesday Carioca continental matches?
Three Carioca clubs played continental fixtures Wednesday May 6. Botafogo beat Racing 2–1 at the Nilton Santos (Di Césare OG 18′, Adrián Martínez 48′, Danilo 74′) to lead Sul-Americana Group E with 10 points and secure at least the playoffs. Vasco beat Audax Italiano 2–1 in Santiago after a Saldivia own goal at 5′ (Spinelli pen 64′, Matheus França 71′) to lead Group G with 7 points. Fluminense drew 1–1 at Independiente Rivadavia in Mendoza (Arce 66′; John Kennedy 90′); Flu sit last in Group C with 2 points and must win two home fixtures.
What is the STF oil-royalties trial about?
The Supremo Tribunal Federal resumes the merits trial of Direct Action of Unconstitutionality 4917 on Wednesday May 6 after a 13-year freeze. The case concerns Law 12.734/2012, which would lift the share of national oil royalties paid to non-producing states from 7.5% to 49%. Justice Cármen Lúcia issued the original injunction in March 2013. Per the federation of Rio mayors, projected losses for Rio de Janeiro state alone reach R$48.3 billion for the 2020–2025 window, and R$68.7 billion for fluminense municipalities. Annual revenue swings of R$20–30 billion are at stake.
Are the CCBB and MAR open on Thursday in Rio de Janeiro?
Yes. The CCBB Rio at Rua Primeiro de Março 66 runs Thursday 9h to 20h with the Yoshitaka Amano retrospective (218 originals, free admission, through June 22). The MAR at Praça Mauá 5 runs Thursday 11h to 18h with the No Martins, 36th Bienal, and Guilhermina Augusti programme (R$20, R$10 meia; next free Saturday is May 9). The MAM Rio at Avenida Infante Dom Henrique 85 runs Thursday 10h to 18h with the Rubem Valentim retrospective free. The MAM-MAR-CCBB triangle connects via the VLT Parada dos Museus.
Updated: 2026-05-07T07:30:00Z by Rafael Silva Santos
Related: Rio de Janeiro Daily Brief for Wednesday, May 6, 2026 · Itaú Posts $2.4B Q1 Profit With 26% Brazil ROE · Brazil Court Reopens Oil Royalty Fight That Could Cost Rio Billions

