IBOV 187,206.89 ▼ 0.56% IPSA 11,220.10 ▼ 0.16% IPC MEX 63,815.90 ▼ 0.45% MERVAL 3,098,898 ▼ 1.87% COLCAP 2,589.69 ▼ 1.41% BVL PERÚ 59,373.28 ▼ 0.32% USD/BRL5.13▲ 0.40% USD/MXN16.97▼ 0.09% USD/CLP941.13— 0.00% USD/COP3,083▼ 0.86% USD/PEN3.35▲ 0.03% USD/ARS1,509▼ 0.28% USD/UYU40.26▲ 3.18% USD/PYG5,903▲ 3.23% USD/BOB11.98▼ 1.59% USD/DOP58.96▲ 0.79% USD/CRC447.55▲ 1.57% USD/GTQ7.63▲ 2.98% USD/HNL26.85▲ 0.57% USD/NIO36.62▲ 0.34% USD/VES830.41▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.74▲ 2.42% EUR/BRL5.94▲ 0.19% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 187,206.89 ▼ 0.56% IPSA 11,220.10 ▼ 0.16% IPC MEX 63,815.90 ▼ 0.45% MERVAL 3,098,898 ▼ 1.87% COLCAP 2,589.69 ▼ 1.41% BVL PERÚ 59,373.28 ▼ 0.32% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Rocky Cristo Business

By · April 27, 2010 · 3 min read

The LatAm Brief

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By Doug Gray, Senior Contributing Reporter

RIO DE JANEIRO – After fifteen days of less than glorious isolation during which time he became the victim of vandalism and remained under the cover of substantial scaffolding, Cristo Redentor (Christ the Redeemer) ‘reopened’ on Sunday to a limited number of visitors.

It will be more than a month until Cristo Redentor is returned to his former glory, provisionally scheduled for June, photo by Doug Gray.
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Week-long heavy rains that began on April 5th and the ensuing landslides blocked the access road to the top of Corcovado to all traffic. The tram from Cosme Velho – the most popular means of access – was also declared a danger to public safety and shut down pending ongoing investigation and stabilization of the track.

The tram remained closed this week, while the road was reopened to a limited number of licensed taxis and tourist vans. Private cars are still not allowed to make the journey up the hill to the monument.

For thousands of tourists visiting Rio over the Easter holiday period, one of the most photogenic of all the city’s attractions was off limits to the snapping hoards. That did not stop many making the trip up before the storms of early April for the magnificent view afforded from the vantage points, but the usual flock of tourist helicopters buzzing around the summit has been notable by its absence.

When asked about the impact on their business, however, operator Helisight said that in fact the statue itself, while an important focal point, is also popular simply for being one of the highest points in the city.

“Its covering up is of course a big deal, but the closure of the park due to the recent rains has in fact seen an increase in our business if anything”, a spokesperson explained.

However Cristo, voted one of the seven modern wonders of the world in 2007 and one of the city’s biggest tourist attractions, draws around a third of a million visitors every year, mostly by tram. It remained closed for the duration of the Easter holiday period this year though, resulting in a major loss of revenue for the operators who had already been hit somewhat by the monument’s draping in scaffold.

The ongoing restoration work is part of a R$7 million project funded by Vale to guarantee the safety and use of the monument over the next five years. Heavy rains and lightening strikes over recent years also led to the necessity of restoration, and the opportunity has been taken to introduce some new technology to proceedings.

Cameras are planned to enable religious ceremonies held atop Corcovado at the foot of the statue to be beamed directly to churches and cathedrals in the city. At the same time new interactive panels will be introduced to enhance the experience of visitors.

Earlier this month vandals took advantage of the new found accessibility to the actual body of the statue, climbing the scaffold to spray messages on Cristo’s head and arms. After a concerted campaign, police have reported that the suspects have been found and a 24 year old and a 28 year old have confessed to the crime.

The paint has now been cleaned off and the scaffold is expected to be taken down some time in June.

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