IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.45% USD/MXN18.66▲ 0.18% USD/CLP982.49▼ 0.18% USD/COP3,293▲ 0.57% USD/PEN3.42▲ 0.33% USD/ARS1,551▲ 0.34% USD/UYU40.43▲ 3.52% USD/PYG6,196▲ 2.20% USD/BOB11.68▲ 1.36% USD/DOP60.81▲ 0.68% USD/CRC445.62▲ 1.58% USD/GTQ7.64▲ 2.97% USD/HNL26.89▲ 0.13% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.46% USD/TTD6.72▲ 2.30% EUR/BRL6.17▼ 0.03% BRENT 93.21 ▲ 1.88% WTI 87.32 ▲ 1.49% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.21% GOLD 4,049 ▲ 0.47% SILVER 52.78 ▲ 3.29% SOY 1,223 ▼ 0.14% CORN 446.50 ▼ 0.56% WHEAT 594.00 ▲ 0.21% COFFEE 263.50 ▼ 2.91% SUGAR 18.20 ▲ 0.61% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,964 ▲ 4.68% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 — 0.00% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 — 0.00% WEGE3 50.95 — 0.00% PRIO3 60.02 — 0.00% SUZB3 54.46 ▲ 0.48% RENT3 29.79 — 0.00% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 — 0.00% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 — 0.00% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 — 0.00% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.43% USD/MXN 18.65 ▲ 0.13% USD/CLP 984.56 ▲ 0.03% USD/COP 3,292 ▲ 0.55% USD/PEN 3.41 ▲ 0.14% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.48% USD/PYG 6,196 ▲ 2.20% USD/BOB 11.68 ▲ 1.36% USD/DOP 60.77 ▲ 0.61% USD/CRC 445.62 ▲ 1.58% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.89 ▲ 0.13% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.18 ▲ 0.13% BRENT 93.21 ▲ 1.88% WTI 87.32 ▲ 1.49% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.21% GOLD 4,049 ▲ 0.47% SILVER 52.78 ▲ 3.29% SOY 1,223 ▼ 0.14% CORN 446.50 ▼ 0.56% WHEAT 594.00 ▲ 0.21% COFFEE 263.50 ▼ 2.91% SUGAR 18.20 ▲ 0.61% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,964 ▲ 4.68% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 — 0.00% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 — 0.00% WEGE3 50.95 — 0.00% PRIO3 60.02 — 0.00% SUZB3 54.46 ▲ 0.48% RENT3 29.79 — 0.00% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 — 0.00% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 — 0.00% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 — 0.00% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45%
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Wednesday, November 11, 2026

Local Politics Politics - Brazil

São Paulo State Releases R$20 Million for Rehabilitation Works After Downpours

By · · 2 min read

SÃO PAULO, BRAZIL – The government of São Paulo announced the release of R$20 million (US$5 million) for rehabilitation works in the capital and in the cities most affected by the heavy rainfall last Monday, February 10th.

São Paulo State Governor João Doria.
São Paulo State Governor João Doria.
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“We have released R$20 million for rehabilitation works in the most affected cities and [for] other structuring initiatives,” governor João Doria said.

In a press conference on Friday, Doria said that in addition to the sum for rehabilitation works, he will request R$350 million from the federal government for anti-flooding efforts. “I am sure that the federal government will not turn its back on São Paulo Brazilians.”

The governor said he will travel to Brasília to seek a non-reimbursable grant to build five reservoirs in the metropolitan area. The project will be carried out with federal funds, rather than through financing. According to Doria, reservoirs will minimize the damage.

“Reservoirs are the only structurally effective way to minimize the consequences of flooding in São Paulo. There is no other plan. We obviously have the containment of hillsides, preventing irregular constructions and other initiatives, but the reservoirs will structurally minimize the problems, although not preventing them, as climate change has increased the volume of rainfall”.

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According to the São Paulo government data, it rained 114 millimeters in the early hours of February 10th, the second-highest 24-hour rainfall rate in 37 years.

According to the state’s report, seven people died in the state, 408 were displaced and 1,528 were homeless.

Vice Governor Rodrigo Garcia, who was in office while Doria was on a visit to Dubai in the Arab Emirates, said the Civil Defense’s action was decisive, by quickly removing people from risk areas, which prevented many deaths.

 

Source: Agência Brasil

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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