IBOV 209,066.90 ▲ 1.38% IPSA 11,044.42 ▲ 0.18% IPC MEX 66,048.57 ▲ 1.63% MERVAL 2,828,027 ▼ 0.16% COLCAP 2,531.15 ▲ 0.21% BVL PERÚ 59,610.00 ▲ 2.26% USD/BRL4.99▼ 0.71% USD/MXN18.36▲ 0.89% USD/CLP975.06▼ 0.40% USD/COP3,187▼ 1.85% USD/PEN3.43▼ 0.41% USD/ARS1,517— 0.00% USD/UYU40.21▲ 3.49% USD/PYG5,676▲ 0.52% USD/BOB11.77▲ 1.12% USD/DOP60.87▲ 1.11% USD/CRC450.81▲ 1.91% USD/GTQ7.64▲ 3.27% USD/HNL26.86▲ 3.27% USD/NIO36.62▲ 0.31% USD/VES873.46▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.75▲ 2.74% EUR/BRL5.59▼ 0.61% 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 209,066.90 ▲ 1.38% IPSA 11,044.42 ▲ 0.18% IPC MEX 66,048.57 ▲ 1.63% MERVAL 2,828,027 ▼ 0.16% COLCAP 2,531.15 ▲ 0.21% BVL PERÚ 59,610.00 ▲ 2.26% 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%
since 2009
Saturday, October 10, 2026

Samba Schools in Brazil Shine Despite Economic Woes

By · February 8, 2016 · 2 min read

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – With the wailing economy and the devaluation of the Brazilian real in relation to the U.S. dollar, Rio de Janeiro samba schools had to scramble and use their creativity to work the same magic with less money. Companies and government funds for this year’s spectacle were reduced as costs with material to produce the floats and costumes soared.

Brazil, Rio de Janeiro,Samba schools, like Estacio de Sá had to use creativity to reduce costs for Carnival this year,
Samba schools, like Estacio de Sá had to use creativity to reduce costs for Carnival this year, photo by Tomaz Silva/Agencia Brasil.
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

“All (samba) schools are adapting. Some of the products which were imported from China were not available in the market due to the hike of the (U.S.) dollar, but the spectacle will be guaranteed,” Tarcisio Zanon, head of Estacio de Sá samba school was quoted as saying by daily Zero Hora.

According to Zanon expensive textiles and plumes were substituted by more simple material while others were taken out of the parade all together.

The yellow dragons the samba school will show during the parade, for example will be covered with plastic bubble wrap and paint, instead of costly textiles.

Imported plumes, one of the most commonly used materials used in costumes, have been replaced by lots of glitter and native straw. In past Carnivals there are reports of the ‘richer’ schools spending close to R$15 million to put on the one-hour show. This year, however, creativity was the key to limit costs.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Panama quake hits hotel and cathedral, canal keeps running”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

“We probably saw a crisis more in the pre-Carnival stage, with fewer people buying the more expensive box seats,” said Leonardo Bruno, who has a column on Carnival at daily Extra. “But as soon as the first school enters the avenue, everyone will forget about the crisis,” he concludes.

Editorial responsibility: Matthias Camenzind, Editor-in-Chief · Editorial standards · Report an error

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.