IBOV 173,714.08 ▼ 0.06% IPSA 10,888.18 ▼ 0.54% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,187,056 ▲ 0.06% COLCAP 2,287.57 ▲ 0.11% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.21% USD/MXN17.53▲ 0.59% USD/CLP931.20▲ 0.67% USD/COP3,251▲ 0.61% USD/PEN3.39▲ 0.21% USD/ARS1,478▲ 0.17% USD/UYU40.23▲ 1.74% USD/PYG6,032▲ 1.81% USD/BOB10.65▲ 4.37% USD/DOP58.24▲ 1.37% USD/CRC446.12▲ 1.44% USD/GTQ7.62▲ 2.73% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.87% USD/TTD6.74▲ 1.70% EUR/BRL5.85▲ 0.19% BRENT 88.07 ▲ 4.56% WTI 81.70 ▲ 3.48% IRON ORE 161.91 — — COPPER 6.26 ▼ 0.51% GOLD 4,021 ▲ 0.88% SILVER 56.18 ▲ 0.50% SOY 1,203 ▲ 0.63% CORN 468.25 ▲ 6.06% WHEAT 684.75 ▲ 1.48% COFFEE 321.10 ▼ 0.06% SUGAR 14.82 ▲ 2.63% ORANGE JUICE 139.35 ▲ 4.15% COTTON 78.93 ▲ 1.60% COCOA 5,610 ▲ 7.55% BEEF 220.63 ▼ 2.84% CATTLE 339.08 ▼ 2.17% LITHIUM 68.38 ▼ 0.70% PETR4 40.90 ▲ 2.53% VALE3 72.94 ▼ 0.05% ITUB4 41.96 ▼ 1.39% BBDC4 18.29 ▼ 0.65% ABEV3 15.63 ▲ 0.19% BBAS3 20.49 ▼ 1.30% B3SA3 15.20 ▼ 1.23% WEGE3 43.63 ▲ 0.32% PRIO3 57.85 ▲ 1.87% SUZB3 41.93 ▲ 0.55% RENT3 38.23 ▼ 1.62% AZZA3 18.59 ▲ 0.32% CSAN3 3.84 ▼ 1.03% RAIZ4 0.29 — 0.00% PCAR3 2.60 ▲ 0.39% GMAT3 3.88 ▼ 1.02% PSSA3 55.14 ▼ 0.14% CVCB3 1.22 ▼ 9.63% POSI3 3.80 ▼ 2.06% SLCE3 13.53 ▼ 0.59% NATU3 8.55 ▼ 0.12% BRKM5 6.19 ▲ 1.48% RANI3 7.95 ▼ 1.61% CSNA3 5.05 ▼ 0.98% CMIN3 5.33 ▼ 2.20% USIM5 8.23 ▲ 4.18% GGBR4 24.04 ▲ 0.54% ENEV3 25.68 ▼ 1.04% CPFE3 46.87 ▼ 0.68% CMIG4 11.12 ▲ 0.27% EQTL3 39.50 ▼ 0.88% LREN3 13.42 ▼ 1.68% VIVT3 35.52 ▲ 0.14% RAIL3 13.70 ▼ 1.65% KLABIN 17.58 ▲ 1.27% RAIA DROGASIL 18.55 ▲ 0.16% RDOR3 35.78 ▼ 0.25% HAPV3 11.38 ▲ 3.93% FLRY3 16.59 ▲ 1.04% SMTO3 15.45 ▼ 1.72% UGPA3 32.07 ▲ 0.25% VBBR3 34.92 ▲ 1.60% BBSE3 41.12 ▼ 0.15% BPAC11 56.18 ▼ 0.72% CURY3 30.67 ▼ 1.98% AERI3 2.02 — 0.00% VIVARA 22.44 ▼ 3.90% COMPASS 24.88 ▼ 0.12% VAMOS 3.17 ▲ 0.32% SANB11 26.65 ▼ 0.67% ASAI3 8.50 ▼ 0.70% SBSP3 29.22 ▼ 0.27% WALMEX 49.49 ▼ 0.20% GMEXICO 200.60 ▲ 0.88% FEMSA 225.74 ▲ 0.24% CEMEX 22.73 ▼ 0.04% GFNORTE 181.15 ▲ 0.15% BIMBO 58.00 ▼ 0.43% TELEVISA 9.57 ▲ 0.53% AMX 23.07 ▲ 1.27% GAP 386.45 ▼ 1.39% ASUR 489.14 ▼ 0.17% OMA 230.62 ▼ 0.59% KOF 180.76 ▲ 0.72% GRUMA 286.48 ▼ 0.09% KIMBER 38.57 ▼ 0.87% SQM-B 65,450 ▼ 0.91% COPEC 6,250 ▲ 2.02% BSANTANDER 77.00 ▼ 1.48% FALABELLA 5,835 ▼ 0.31% ENELAM 84.04 ▼ 0.90% CENCOSUD 1,995 ▼ 0.50% CMPC 1,070 ▼ 0.37% BANCO CHILE 188.50 ▼ 0.20% LATAM AIR 24.69 ▼ 2.80% YPF 77,900 ▲ 2.40% GGAL 7,860 ▼ 0.06% PAMPA 5,170 ▲ 1.17% TXAR 664.00 ▲ 0.30% ALUAR 949.50 ▲ 1.01% TGS 9,370 ▼ 0.16% CEPU 2,264 ▲ 0.18% MIRGOR 16,875 ▲ 0.75% COME 43.84 ▼ 1.39% LOMA NEGRA 3,523 ▼ 0.98% BYMA 297.75 ▼ 1.24% TELECOM ARG 4,150 ▼ 0.72% ECOPETROL 16.09 ▲ 1.84% BANCOLOMBIA 80.41 ▲ 1.18% GRUPO AVAL 4.92 ▼ 1.01% CREDICORP 390.58 ▲ 0.81% SOUTHERN COPPER 172.48 ▼ 1.81% BUENAVENTURA 30.24 ▲ 0.23% MERCADOLIBRE 1,814 ▼ 2.34% NUBANK 13.59 ▼ 1.45% XP 16.67 ▼ 0.06% PAGSEGURO 9.04 ▼ 1.20% STONE 11.15 ▼ 0.45% GLOBANT 32.23 ▲ 0.09% TECNOGLASS 46.48 ▼ 0.75% GAP AIRPORT 220.91 ▼ 1.94% ASUR 279.71 ▼ 0.44% OMA AIRPORT 105.31 ▼ 1.77% AMX ADR 26.27 ▲ 0.50% FEMSA ADR 129.02 ▼ 0.36% CEMEX ADR 12.97 ▼ 0.99% PETROBRAS ADR 17.97 ▲ 2.86% VALE ADR 14.19 ▼ 0.21% ITAU ADR 8.20 ▼ 1.20% SANTANDER BR 5.24 ▼ 0.95% AMBEV ADR 3.03 ▼ 0.66% CSN 0.99 ▼ 0.90% GERDAU 4.72 — 0.00% LATAM ADR 52.56 ▼ 1.17% BTC 64,077 ▲ 0.45% ETH 1,842 ▼ 1.16% SOL 75.04 ▼ 0.31% XRP 1.09 ▲ 0.15% BNB 567.55 ▼ 0.81% ADA 0.17 ▲ 3.07% DOGE 0.07 ▲ 0.43% AVAX 6.56 ▲ 0.82% LINK 8.25 ▼ 1.04% DOT 0.85 ▼ 0.44% LTC 45.04 ▲ 0.22% BCH 220.30 ▼ 0.59% TRX 0.32 ▼ 0.07% XLM 0.19 ▲ 0.80% HBAR 0.07 ▼ 0.85% NEAR 1.92 ▼ 2.42% ATOM 1.51 ▲ 0.29% AAVE 90.49 ▼ 0.70% SELIC 14.25% EGX 52,928 ▲ 0.70% USD/ZAR16.44▲ 0.08% USD/NGN1,378▼ 0.20% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY162.35▼ 0.03% USD/CNY6.77▼ 0.08% DAX 24,831 ▼ 0.34% CAC 8,339 ▼ 0.47% FTSE 10,600 ▲ 0.27% MIB 51,882 ▼ 0.94% IBEX 19,217 ▼ 0.45% STOXX 641.53 ▼ 0.34% EUR/USD1.14▲ 0.01% GBP/USD1.35▼ 0.66% SPX 7,458 ▼ 1.01% DJI 52,146 ▼ 0.77% NDX 28,593 ▼ 1.49% RUT 2,962 ▼ 0.42% TSX 35,264 ▼ 0.22% VIX 18.77 ▲ 12.19% USD/CAD1.40▼ 0.18% US10Y 4.5410 ▼ 0.61% IBOV 173,714.08 ▼ 0.06% IPSA 10,888.18 ▼ 0.54% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,187,056 ▲ 0.06% COLCAP 2,287.57 ▲ 0.11% BVL PERÚ 57,220.16 — — USD/BRL 5.11 ▼ 0.10% USD/MXN 17.49 ▲ 0.45% USD/CLP 931.20 ▲ 0.77% USD/COP 3,251 ▲ 0.37% USD/PEN 3.39 ▲ 0.29% USD/ARS 1,478 ▲ 0.17% USD/UYU 40.23 ▲ 1.49% USD/PYG 6,032 ▲ 1.38% USD/BOB 10.65 ▲ 0.95% USD/DOP 58.24 ▼ 0.10% USD/CRC 446.12 ▲ 0.89% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.73 ▲ 0.32% USD/NIO 36.62 ▲ 0.34% USD/VES 730.65 ▲ 0.93% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.36% USD/TTD 6.74 ▲ 1.17% EUR/BRL 5.85 ▼ 0.04% BRENT 88.07 ▲ 4.56% WTI 81.70 ▲ 3.48% IRON ORE 161.91 — — COPPER 6.26 ▼ 0.51% GOLD 4,021 ▲ 0.88% SILVER 56.18 ▲ 0.50% SOY 1,203 ▲ 0.63% CORN 468.25 ▲ 6.06% WHEAT 684.75 ▲ 1.48% COFFEE 321.10 ▼ 0.06% SUGAR 14.82 ▲ 2.63% ORANGE JUICE 139.35 ▲ 4.15% COTTON 78.93 ▲ 1.60% COCOA 5,610 ▲ 7.55% BEEF 220.63 ▼ 2.84% CATTLE 339.08 ▼ 2.17% LITHIUM 68.38 ▼ 0.70% PETR4 40.90 ▲ 2.53% VALE3 72.94 ▼ 0.05% ITUB4 41.96 ▼ 1.39% BBDC4 18.29 ▼ 0.65% ABEV3 15.63 ▲ 0.19% BBAS3 20.49 ▼ 1.30% B3SA3 15.20 ▼ 1.23% WEGE3 43.63 ▲ 0.32% PRIO3 57.85 ▲ 1.87% SUZB3 41.93 ▲ 0.55% RENT3 38.23 ▼ 1.62% AZZA3 18.59 ▲ 0.32% CSAN3 3.84 ▼ 1.03% RAIZ4 0.29 — 0.00% PCAR3 2.60 ▲ 0.39% GMAT3 3.88 ▼ 1.02% PSSA3 55.14 ▼ 0.14% CVCB3 1.22 ▼ 9.63% POSI3 3.80 ▼ 2.06% SLCE3 13.53 ▼ 0.59% NATU3 8.55 ▼ 0.12% BRKM5 6.19 ▲ 1.48% RANI3 7.95 ▼ 1.61% CSNA3 5.05 ▼ 0.98% CMIN3 5.33 ▼ 2.20% USIM5 8.23 ▲ 4.18% GGBR4 24.04 ▲ 0.54% ENEV3 25.68 ▼ 1.04% CPFE3 46.87 ▼ 0.68% CMIG4 11.12 ▲ 0.27% EQTL3 39.50 ▼ 0.88% LREN3 13.42 ▼ 1.68% VIVT3 35.52 ▲ 0.14% RAIL3 13.70 ▼ 1.65% KLABIN 17.58 ▲ 1.27% RAIA DROGASIL 18.55 ▲ 0.16% RDOR3 35.78 ▼ 0.25% HAPV3 11.38 ▲ 3.93% FLRY3 16.59 ▲ 1.04% SMTO3 15.45 ▼ 1.72% UGPA3 32.07 ▲ 0.25% VBBR3 34.92 ▲ 1.60% BBSE3 41.12 ▼ 0.15% BPAC11 56.18 ▼ 0.72% CURY3 30.67 ▼ 1.98% AERI3 2.02 — 0.00% VIVARA 22.44 ▼ 3.90% COMPASS 24.88 ▼ 0.12% VAMOS 3.17 ▲ 0.32% SANB11 26.65 ▼ 0.67% ASAI3 8.50 ▼ 0.70% SBSP3 29.22 ▼ 0.27% WALMEX 49.49 ▼ 0.20% GMEXICO 200.60 ▲ 0.88% FEMSA 225.74 ▲ 0.24% CEMEX 22.73 ▼ 0.04% GFNORTE 181.15 ▲ 0.15% BIMBO 58.00 ▼ 0.43% TELEVISA 9.57 ▲ 0.53% AMX 23.07 ▲ 1.27% GAP 386.45 ▼ 1.39% ASUR 489.14 ▼ 0.17% OMA 230.62 ▼ 0.59% KOF 180.76 ▲ 0.72% GRUMA 286.48 ▼ 0.09% KIMBER 38.57 ▼ 0.87% SQM-B 65,450 ▼ 0.91% COPEC 6,250 ▲ 2.02% BSANTANDER 77.00 ▼ 1.48% FALABELLA 5,835 ▼ 0.31% ENELAM 84.04 ▼ 0.90% CENCOSUD 1,995 ▼ 0.50% CMPC 1,070 ▼ 0.37% BANCO CHILE 188.50 ▼ 0.20% LATAM AIR 24.69 ▼ 2.80% YPF 77,900 ▲ 2.40% GGAL 7,860 ▼ 0.06% PAMPA 5,170 ▲ 1.17% TXAR 664.00 ▲ 0.30% ALUAR 949.50 ▲ 1.01% TGS 9,370 ▼ 0.16% CEPU 2,264 ▲ 0.18% MIRGOR 16,875 ▲ 0.75% COME 43.84 ▼ 1.39% LOMA NEGRA 3,523 ▼ 0.98% BYMA 297.75 ▼ 1.24% TELECOM ARG 4,150 ▼ 0.72% ECOPETROL 16.09 ▲ 1.84% BANCOLOMBIA 80.41 ▲ 1.18% GRUPO AVAL 4.92 ▼ 1.01% CREDICORP 390.58 ▲ 0.81% SOUTHERN COPPER 172.48 ▼ 1.81% BUENAVENTURA 30.24 ▲ 0.23% MERCADOLIBRE 1,814 ▼ 2.34% NUBANK 13.59 ▼ 1.45% XP 16.67 ▼ 0.06% PAGSEGURO 9.04 ▼ 1.20% STONE 11.15 ▼ 0.45% GLOBANT 32.23 ▲ 0.09% TECNOGLASS 46.48 ▼ 0.75% GAP AIRPORT 220.91 ▼ 1.94% ASUR 279.71 ▼ 0.44% OMA AIRPORT 105.31 ▼ 1.77% AMX ADR 26.27 ▲ 0.50% FEMSA ADR 129.02 ▼ 0.36% CEMEX ADR 12.97 ▼ 0.99% PETROBRAS ADR 17.97 ▲ 2.86% VALE ADR 14.19 ▼ 0.21% ITAU ADR 8.20 ▼ 1.20% SANTANDER BR 5.24 ▼ 0.95% AMBEV ADR 3.03 ▼ 0.66% CSN 0.99 ▼ 0.90% GERDAU 4.72 — 0.00% LATAM ADR 52.56 ▼ 1.17% BTC 64,077 ▲ 0.45% ETH 1,842 ▼ 1.16% SOL 75.04 ▼ 0.31% XRP 1.09 ▲ 0.15% BNB 567.55 ▼ 0.81% ADA 0.17 ▲ 3.07% DOGE 0.07 ▲ 0.43% AVAX 6.56 ▲ 0.82% LINK 8.25 ▼ 1.04% DOT 0.85 ▼ 0.44% LTC 45.04 ▲ 0.22% BCH 220.30 ▼ 0.59% TRX 0.32 ▼ 0.07% XLM 0.19 ▲ 0.80% HBAR 0.07 ▼ 0.85% NEAR 1.92 ▼ 2.42% ATOM 1.51 ▲ 0.29% AAVE 90.49 ▼ 0.70% SELIC 14.25% EGX 52,928 ▲ 0.70% USD/ZAR 16.52 ▲ 0.84% USD/NGN 1,378 ▲ 0.02% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY 162.42 ▲ 0.05% USD/CNY 6.7755 ▲ 0.18% DAX 24,831 ▼ 0.34% CAC 8,339 ▼ 0.47% FTSE 10,600 ▲ 0.27% MIB 51,882 ▼ 0.94% IBEX 19,217 ▼ 0.45% STOXX 641.53 ▼ 0.34% EUR/USD 1.1442 ▼ 0.02% GBP/USD 1.3454 ▼ 0.19% SPX 7,458 ▼ 1.01% DJI 52,146 ▼ 0.77% NDX 28,593 ▼ 1.49% RUT 2,962 ▼ 0.42% TSX 35,264 ▼ 0.22% VIX 18.77 ▲ 12.19% USD/CAD 1.4019 ▼ 0.14% US10Y 4.5410 ▼ 0.61%
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Rio Flooding Puts Residents at Risk

By · January 8, 2013 · 3 min read

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By Anna Kaiser, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Torrential rains tore across Rio de Janeiro state late last week, taking two lives, displacing 3,000 families and leaving a path of destruction. The government has announced plans to relocate families from high-risk areas across the state, which also brings controversial hardships to many irregular housing and favela communities.

State Governor Sergio Cabral and the National Minister of Integration assess damages, photo by Bruno Itan/Subsecretaria de Comunicação.
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The state government did an assessment of damages in Xerém last Thursday, the hardest hit by this most recent storm. In attendance were political figures including Rio state’s Governor, Sergio Cabral, the Minister of National Integration, Fernando Bezerra, and the mayor of Duque Caxias, Alexandre Cardoso.

Mayor Cardoso stated, “through a study by the Secretary of the Environment, there will be a program for rehabilitation of the river banks and a relocation of the people who live there. The Governor also approved a payment extension for the damaged areas.”

The State Geological Survey, a branch of the Secretary of Environment recently concluded a study indicating a serious need for change across Rio state (excluding the city of Rio, which has separate geological services Geo-Rio).

Recognizing that heavy rains like those of last week are inevitable, the State Geological Survey identified that 67 of Rio’s 92 municipalities have areas at risk for landslides. Of those, 49 exhibit points of imminent risk and have over 36,000 inhabitants.

President of the State Geological Survey, Flávio Erthal told o Globo that for the study, they “flew [over] all these areas to map the points of imminent risk. The situation is alarming. But it is not a problem that started today, but sixty years ago, with the migration of much of the population from the countryside to the cities, occupying areas without adequate prior planning.”

However, relocating thousands of people from their homes, communities, and places of livelihood is not that simple. “I can not abandon my heritage,” one resident told Globo in response to the recent announcement that forced evictions would continue in Xerém.

A view of the 2010 tragedy from the mudslide in Morro do Bumba, Rio de Janeiro, Brazil News
A view of the 2010 tragedy from the mudslide in Morro do Bumba, photo by Vladimir Platonow/ABr.

This recent storm is far from Rio’s first encounter with heavy, landslide inducing rains, tropical storms where inches of water per hour pound down throughout the state are not uncommon occurrences. With several similar instances in recent years, an increase in scrutiny of zoning and building practices has become a topic of debate.

Two years ago two hundred families from the favela Morro do Borel in Tijuca were ordered to relocate. Their houses, in case of heavy rains, were located in a high-risk area for potential landslides and so the families had been offered new housing in the Zona Oeste (West Zone).

While some experts argue that many homes in favelas reside in areas of risk and lack the infrastructure to protect against landslides and other natural disasters, many critics are skeptical that this is only a convenient excuse in the city government’s mission to evacuate favela communities from desirable property.

Rocinha resident and operator of Favela Adventures tours, Zezinho, shared, “I think there are definitely areas in some favelas where there is potential danger of houses being destroyed because of poor building quality. But I have spoken to people who live in Vidigal who feel that they are being displaced with claims by government that they need to be removed (because of potential danger) but its being done to satisfy some big business people who want to build hotels and other things for tourists.”

Yet now, as afer April 2010’s flooding that wreaked havoc in Rio with the heaviest rains in fifty years, which left a death toll at around 250 people, and 4,000 homeless from a huge landslide in Morro do Bumba, most agree something must be done.

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