IBOV 166,191.45 ▼ 0.82% IPC MEX 71,033.20 ▲ 0.30% MERVAL 2,848,945 — — USD/BRL5.49▲ 0.51% USD/MXN18.74▲ 0.64% USD/CLP977.69▲ 1.16% USD/COP3,230▼ 0.63% USD/PEN3.44▼ 0.08% USD/ARS1,545▼ 0.19% USD/UYU40.22▲ 3.24% USD/PYG6,358▲ 9.88% USD/BOB11.92▲ 1.74% USD/DOP59.79▼ 1.17% USD/CRC449.63▲ 2.27% USD/GTQ7.64▲ 3.16% USD/HNL26.87▼ 0.09% USD/NIO36.62▲ 0.07% USD/VES892.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.67% USD/TTD6.64▲ 1.14% EUR/BRL6.17▲ 0.44% BRENT 98.96 ▲ 4.59% WTI 91.00 ▲ 3.27% IRON ORE 161.91 — — COPPER 6.24 ▼ 2.48% GOLD 4,106 ▲ 0.82% SILVER 52.10 ▼ 0.04% SOY 1,190 ▼ 0.29% CORN 440.75 ▼ 0.79% WHEAT 599.25 ▲ 0.13% COFFEE 277.40 ▼ 0.84% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 136.15 ▲ 3.54% COTTON 78.45 ▲ 0.44% COCOA 5,290 ▼ 3.04% BEEF 214.48 ▼ 1.62% CATTLE 320.58 ▼ 3.45% LITHIUM 60.18 ▲ 0.13% PETR4 45.95 ▼ 2.48% VALE3 62.67 ▲ 0.51% ITUB4 39.97 ▲ 0.65% BBDC4 13.77 ▼ 2.06% ABEV3 15.48 ▲ 1.51% BBAS3 16.49 — 0.00% B3SA3 14.36 ▲ 0.42% WEGE3 48.30 ▼ 3.50% PRIO3 61.54 ▼ 0.97% SUZB3 52.29 ▼ 0.11% RENT3 29.07 ▼ 1.32% AZZA3 14.06 ▲ 0.64% CSAN3 2.50 ▲ 4.60% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.71 ▲ 5.10% PSSA3 43.71 ▼ 2.63% CVCB3 0.82 ▲ 1.23% POSI3 3.11 ▼ 1.89% SLCE3 16.35 ▼ 1.51% NATU3 5.35 ▼ 1.29% BRKM5 3.03 ▼ 0.66% RANI3 8.46 ▼ 1.97% CSNA3 4.05 ▼ 0.74% IBOV 166,191.45 ▼ 0.82% IPC MEX 71,033.20 ▲ 0.30% MERVAL 2,848,945 — — USD/BRL 5.49 ▲ 0.51% USD/MXN 18.74 ▲ 0.65% USD/CLP 977.69 ▲ 1.16% USD/COP 3,230 ▼ 0.63% USD/PEN 3.44 ▼ 0.08% USD/ARS 1,545 ▼ 0.19% USD/UYU 40.22 ▲ 3.24% USD/PYG 6,358 ▲ 9.88% USD/BOB 11.92 ▲ 1.74% USD/DOP 59.79 ▼ 1.17% USD/CRC 449.63 ▲ 2.27% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.87 ▼ 0.09% USD/NIO 36.62 ▲ 0.07% USD/VES 892.65 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.67% USD/TTD 6.64 ▲ 1.14% EUR/BRL 6.17 ▲ 0.44% BRENT 98.96 ▲ 4.59% WTI 91.00 ▲ 3.27% IRON ORE 161.91 — — COPPER 6.24 ▼ 2.48% GOLD 4,106 ▲ 0.82% SILVER 52.10 ▼ 0.04% SOY 1,190 ▼ 0.29% CORN 440.75 ▼ 0.79% WHEAT 599.25 ▲ 0.13% COFFEE 277.40 ▼ 0.84% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 136.15 ▲ 3.54% COTTON 78.45 ▲ 0.44% COCOA 5,290 ▼ 3.04% BEEF 214.48 ▼ 1.62% CATTLE 320.58 ▼ 3.45% LITHIUM 60.18 ▲ 0.13% PETR4 45.95 ▼ 2.48% VALE3 62.67 ▲ 0.51% ITUB4 39.97 ▲ 0.65% BBDC4 13.77 ▼ 2.06% ABEV3 15.48 ▲ 1.51% BBAS3 16.49 — 0.00% B3SA3 14.36 ▲ 0.42% WEGE3 48.30 ▼ 3.50% PRIO3 61.54 ▼ 0.97% SUZB3 52.29 ▼ 0.11% RENT3 29.07 ▼ 1.32% AZZA3 14.06 ▲ 0.64% CSAN3 2.50 ▲ 4.60% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.71 ▲ 5.10% PSSA3 43.71 ▼ 2.63% CVCB3 0.82 ▲ 1.23% POSI3 3.11 ▼ 1.89% SLCE3 16.35 ▼ 1.51% NATU3 5.35 ▼ 1.29% BRKM5 3.03 ▼ 0.66% RANI3 8.46 ▼ 1.97% CSNA3 4.05 ▼ 0.74%
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Local Politics Politics - Brazil

Rio’s Paes Dismisses Corruption Allegations During Campaign

By · October 2, 2018 · 2 min read

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Trying to reap the success of the 2016 Olympics, Eduardo da Costa Paes, has tried to distance himself from corrupt political allies in Rio de Janeiro, and has a comfortable lead in this year’s gubernatorial race for the state.

Brazil,Eduardo Paes denies any involvement in corruption and vote-buying scandal of the Rio Olympics.
Eduardo Paes denies any involvement in corruption and vote-buying scandal of the Rio Olympics, photo by Tania Rego/Agencia Brasil.
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A former ally of disgraced ex-governor Sergio Cabral, Paes who was Rio de Janeiro city’s mayor during the Olympics even changed political parties in his strategy to win the state’s gubernatorial race.

“All criminal activities that led to convictions and arrests were within the state government. I was mayor, so I answer (only) for what happened at the city hall,” said Paes in an interview to newsweekly Veja earlier this year.

After two terms ahead of Rio’s mayor, he believes he is the only candidate capable of giving the state the ‘administration shock’ it needs to get out of biggest financial crisis in Rio’s history.

With a coalition of twelve political parties, including his former MDB party, Paes has today twenty-five percent of voter intention, to soccer player-turned-politician, Romario’s fourteen percent. Former governor Anthony Garotinho has fifteen percent, but has been barred from the race by Brazil’s Supreme Electoral Court under the Ficha Limpa (Clean Slate) law.

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Some of the strongest criticism against Paes comes from those who say he was part of the vote-buying scandal for the Rio Olympics.

“I had no idea [of the corruption],” defends the former mayor. “Rio won with so many votes.”

“When it [scandal] broke, I was in the United States and everyone knew that I was the mayor of the Olympics. Needless to say, it was very embarrassing for me. Do you think that I do not worry about having to explain the corruption of others?” he stated.

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Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

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