IBOV 176,874 ▲ 0.65% IPSA 10,928 ▲ 0.16% IPC MEX 66,605 ▲ 0.96% MERVAL 3,235,295 ▼ 1.37% COLCAP 2,313.36 ▲ 0.25% BVL PERÚ 56,428.20 ▲ 2.68% USD/BRL5.07▼ 1.22% USD/MXN17.41▼ 0.70% USD/CLP922.87▼ 1.08% USD/COP3,245▼ 0.53% USD/PEN3.40▼ 0.19% USD/ARS1,476▼ 0.47% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.33▲ 0.42% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.64% USD/TTD6.75▲ 1.19% EUR/BRL5.81▼ 0.13% BRENT 85.68 ▲ 2.86% WTI 79.91 ▲ 2.27% IRON ORE 161.91 — — COPPER 6.42 ▲ 2.97% GOLD 4,083 ▲ 2.15% SILVER 59.38 ▲ 3.03% SOY 1,193 ▼ 0.73% CORN 460.50 ▲ 5.20% WHEAT 638.75 ▲ 1.87% COFFEE 332.50 ▼ 2.61% SUGAR 14.84 ▲ 0.61% ORANGE JUICE 137.10 ▼ 3.82% COTTON 81.07 ▲ 1.55% COCOA 5,580 ▼ 2.04% BEEF 228.73 ▼ 2.56% CATTLE 350.58 ▼ 1.07% LITHIUM 71.65 ▲ 2.01% PETR4 40.85 ▲ 0.47% VALE3 74.49 ▲ 2.25% ITUB4 43.81 ▲ 0.67% BBDC4 18.90 ▲ 0.69% ABEV3 15.95 ▲ 0.76% BBAS3 20.49 ▲ 1.24% B3SA3 15.38 ▲ 1.72% WEGE3 44.47 ▲ 0.18% PRIO3 57.25 ▲ 0.09% SUZB3 41.03 ▼ 1.11% RENT3 40.47 ▲ 0.67% AZZA3 18.99 ▼ 1.20% CSAN3 3.90 — 0.00% RAIZ4 0.34 ▲ 3.03% PCAR3 2.52 ▼ 2.70% GMAT3 3.96 ▲ 0.51% PSSA3 54.63 ▲ 1.09% CVCB3 1.30 ▲ 4.00% POSI3 3.97 ▼ 0.50% SLCE3 13.83 ▼ 0.29% NATU3 8.49 ▼ 1.28% BRKM5 6.83 ▼ 1.59% RANI3 7.98 ▲ 0.38% CSNA3 5.13 ▼ 2.10% CMIN3 5.15 ▼ 5.50% USIM5 8.29 ▼ 1.07% GGBR4 23.10 ▲ 1.23% ENEV3 26.87 ▼ 0.04% CPFE3 47.02 ▲ 0.38% CMIG4 11.13 ▲ 0.54% EQTL3 40.65 ▲ 1.09% LREN3 14.17 ▲ 0.14% VIVT3 35.16 ▲ 1.24% RAIL3 14.14 ▲ 0.21% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.52 ▲ 1.76% RDOR3 36.07 ▲ 1.43% HAPV3 10.61 ▲ 1.43% FLRY3 16.27 ▲ 0.74% SMTO3 16.37 — 0.00% UGPA3 30.93 ▲ 0.72% VBBR3 32.18 ▼ 1.77% BBSE3 40.33 ▲ 0.12% BPAC11 57.82 ▲ 0.52% CURY3 33.16 ▲ 0.12% AERI3 2.09 ▲ 0.48% VIVARA 23.32 ▲ 0.91% COMPASS 24.93 ▲ 0.65% VAMOS 3.04 ▲ 0.66% SANB11 27.55 ▲ 0.66% ASAI3 8.65 ▼ 0.69% SBSP3 30.43 ▲ 0.20% WALMEX 49.54 ▼ 0.22% GMEXICO 203.65 ▲ 4.12% FEMSA 227.14 ▲ 0.79% CEMEX 22.67 ▲ 4.09% GFNORTE 184.85 ▲ 1.53% BIMBO 55.99 ▲ 0.21% TELEVISA 9.57 ▼ 0.42% AMX 22.73 ▲ 0.62% GAP 388.01 ▼ 4.94% ASUR 277.97 ▼ 0.25% OMA 233.21 ▼ 0.05% KOF 180.57 ▼ 0.61% GRUMA 282.47 ▲ 0.39% KIMBER 38.25 ▲ 0.08% SQM-B 67,900 ▲ 1.03% COPEC 6,057 — 0.00% BSANTANDER 78.00 ▼ 0.26% FALABELLA 5,905 — 0.00% ENELAM 84.20 ▼ 1.41% CENCOSUD 2,040 — 0.00% CMPC 1,078 — 0.00% BANCO CHILE 185.93 ▲ 0.50% LATAM AIR 24.90 — 0.00% YPF 77,175 — 0.00% GGAL 8,080 — 0.00% PAMPA 5,225 — 0.00% TXAR 664.50 — 0.00% ALUAR 964.50 — 0.00% TGS 9,570 — 0.00% CEPU 2,319 — 0.00% MIRGOR 17,000 ▼ 1.45% COME 44.78 — 0.00% LOMA NEGRA 3,498 — 0.00% BYMA 308.25 — 0.00% TELECOM ARG 4,250 — 0.00% ECOPETROL 16.10 ▲ 1.36% BANCOLOMBIA 82.40 ▲ 2.46% GRUPO AVAL 4.93 ▲ 0.41% CREDICORP 393.25 ▲ 1.03% SOUTHERN COPPER 182.88 ▲ 4.78% BUENAVENTURA 31.32 ▲ 5.03% MERCADOLIBRE 1,863 ▼ 0.23% NUBANK 14.19 ▲ 3.77% XP 16.62 ▲ 1.53% PAGSEGURO 9.33 ▲ 0.54% STONE 11.33 ▲ 1.61% GLOBANT 31.65 ▼ 1.48% TECNOGLASS 43.03 ▲ 0.44% GAP AIRPORT 223.75 ▼ 3.88% ASUR 277.97 ▼ 0.25% OMA AIRPORT 107.23 ▲ 1.04% AMX ADR 26.12 ▲ 0.33% FEMSA ADR 130.92 ▲ 1.48% CEMEX ADR 13.09 ▲ 5.14% PETROBRAS ADR 18.11 ▲ 1.29% VALE ADR 14.67 ▲ 3.42% ITAU ADR 8.64 ▲ 1.95% SANTANDER BR 5.47 ▲ 2.15% AMBEV ADR 3.13 ▲ 2.12% CSN 1.02 ▼ 1.46% GERDAU 4.58 ▲ 1.89% LATAM ADR 52.99 ▼ 0.65% BTC 63,646 ▲ 2.26% ETH 1,863 ▲ 5.05% SOL 76.76 ▲ 2.54% XRP 1.10 ▲ 2.85% BNB 578.79 ▲ 2.15% ADA 0.16 ▲ 3.67% DOGE 0.07 ▲ 2.70% AVAX 6.63 ▲ 2.88% LINK 8.27 ▲ 5.07% DOT 0.85 ▲ 1.49% LTC 44.54 ▲ 2.42% BCH 238.48 ▲ 0.95% TRX 0.33 ▲ 0.34% XLM 0.18 ▲ 1.77% HBAR 0.07 ▲ 0.70% NEAR 2.02 ▲ 5.28% ATOM 1.54 ▲ 0.59% AAVE 98.68 ▲ 4.58% SELIC 14.25% EMBRAER 82.91 ▼ 0.12% EMBRAER ADR 65.38 ▲ 1.40% JBS 11.87 ▲ 0.55% JBS BDR 59.85 ▼ 1.25% MBRF3 15.91 ▲ 1.21% MBRFY 3.05 — 0.00% INTER 5.78 ▲ 2.30% IBOV 176,874 ▲ 0.65% IPSA 10,928 ▲ 0.16% IPC MEX 66,605 ▲ 0.96% MERVAL 3,235,295 ▼ 1.37% COLCAP 2,313.36 ▲ 0.25% BVL PERÚ 56,428.20 ▲ 2.68% USD/BRL 5.07 ▼ 1.22% USD/MXN 17.41 ▼ 0.70% USD/CLP 922.87 ▼ 1.08% USD/COP 3,245 ▼ 0.53% USD/PEN 3.40 ▼ 0.19% USD/ARS 1,476 ▼ 0.47% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.33 ▲ 0.42% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.64% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.81 ▼ 0.13% BRENT 85.68 ▲ 2.86% WTI 79.91 ▲ 2.27% IRON ORE 161.91 — — COPPER 6.42 ▲ 2.97% GOLD 4,083 ▲ 2.15% SILVER 59.38 ▲ 3.03% SOY 1,193 ▼ 0.73% CORN 460.50 ▲ 5.20% WHEAT 638.75 ▲ 1.87% COFFEE 332.50 ▼ 2.61% SUGAR 14.84 ▲ 0.61% ORANGE JUICE 137.10 ▼ 3.82% COTTON 81.07 ▲ 1.55% COCOA 5,580 ▼ 2.04% BEEF 228.73 ▼ 2.56% CATTLE 350.58 ▼ 1.07% LITHIUM 71.65 ▲ 2.01% PETR4 40.85 ▲ 0.47% VALE3 74.49 ▲ 2.25% ITUB4 43.81 ▲ 0.67% BBDC4 18.90 ▲ 0.69% ABEV3 15.95 ▲ 0.76% BBAS3 20.49 ▲ 1.24% B3SA3 15.38 ▲ 1.72% WEGE3 44.47 ▲ 0.18% PRIO3 57.25 ▲ 0.09% SUZB3 41.03 ▼ 1.11% RENT3 40.47 ▲ 0.67% AZZA3 18.99 ▼ 1.20% CSAN3 3.90 — 0.00% RAIZ4 0.34 ▲ 3.03% PCAR3 2.52 ▼ 2.70% GMAT3 3.96 ▲ 0.51% PSSA3 54.63 ▲ 1.09% CVCB3 1.30 ▲ 4.00% POSI3 3.97 ▼ 0.50% SLCE3 13.83 ▼ 0.29% NATU3 8.49 ▼ 1.28% BRKM5 6.83 ▼ 1.59% RANI3 7.98 ▲ 0.38% CSNA3 5.13 ▼ 2.10% CMIN3 5.15 ▼ 5.50% USIM5 8.29 ▼ 1.07% GGBR4 23.10 ▲ 1.23% ENEV3 26.87 ▼ 0.04% CPFE3 47.02 ▲ 0.38% CMIG4 11.13 ▲ 0.54% EQTL3 40.65 ▲ 1.09% LREN3 14.17 ▲ 0.14% VIVT3 35.16 ▲ 1.24% RAIL3 14.14 ▲ 0.21% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.52 ▲ 1.76% RDOR3 36.07 ▲ 1.43% HAPV3 10.61 ▲ 1.43% FLRY3 16.27 ▲ 0.74% SMTO3 16.37 — 0.00% UGPA3 30.93 ▲ 0.72% VBBR3 32.18 ▼ 1.77% BBSE3 40.33 ▲ 0.12% BPAC11 57.82 ▲ 0.52% CURY3 33.16 ▲ 0.12% AERI3 2.09 ▲ 0.48% VIVARA 23.32 ▲ 0.91% COMPASS 24.93 ▲ 0.65% VAMOS 3.04 ▲ 0.66% SANB11 27.55 ▲ 0.66% ASAI3 8.65 ▼ 0.69% SBSP3 30.43 ▲ 0.20% WALMEX 49.54 ▼ 0.22% GMEXICO 203.65 ▲ 4.12% FEMSA 227.14 ▲ 0.79% CEMEX 22.67 ▲ 4.09% GFNORTE 184.85 ▲ 1.53% BIMBO 55.99 ▲ 0.21% TELEVISA 9.57 ▼ 0.42% AMX 22.73 ▲ 0.62% GAP 388.01 ▼ 4.94% ASUR 277.97 ▼ 0.25% OMA 233.21 ▼ 0.05% KOF 180.57 ▼ 0.61% GRUMA 282.47 ▲ 0.39% KIMBER 38.25 ▲ 0.08% SQM-B 67,900 ▲ 1.03% COPEC 6,057 — 0.00% BSANTANDER 78.00 ▼ 0.26% FALABELLA 5,905 — 0.00% ENELAM 84.20 ▼ 1.41% CENCOSUD 2,040 — 0.00% CMPC 1,078 — 0.00% BANCO CHILE 185.93 ▲ 0.50% LATAM AIR 24.90 — 0.00% YPF 77,175 — 0.00% GGAL 8,080 — 0.00% PAMPA 5,225 — 0.00% TXAR 664.50 — 0.00% ALUAR 964.50 — 0.00% TGS 9,570 — 0.00% CEPU 2,319 — 0.00% MIRGOR 17,000 ▼ 1.45% COME 44.78 — 0.00% LOMA NEGRA 3,498 — 0.00% BYMA 308.25 — 0.00% TELECOM ARG 4,250 — 0.00% ECOPETROL 16.10 ▲ 1.36% BANCOLOMBIA 82.40 ▲ 2.46% GRUPO AVAL 4.93 ▲ 0.41% CREDICORP 393.25 ▲ 1.03% SOUTHERN COPPER 182.88 ▲ 4.78% BUENAVENTURA 31.32 ▲ 5.03% MERCADOLIBRE 1,863 ▼ 0.23% NUBANK 14.19 ▲ 3.77% XP 16.62 ▲ 1.53% PAGSEGURO 9.33 ▲ 0.54% STONE 11.33 ▲ 1.61% GLOBANT 31.65 ▼ 1.48% TECNOGLASS 43.03 ▲ 0.44% GAP AIRPORT 223.75 ▼ 3.88% ASUR 277.97 ▼ 0.25% OMA AIRPORT 107.23 ▲ 1.04% AMX ADR 26.12 ▲ 0.33% FEMSA ADR 130.92 ▲ 1.48% CEMEX ADR 13.09 ▲ 5.14% PETROBRAS ADR 18.11 ▲ 1.29% VALE ADR 14.67 ▲ 3.42% ITAU ADR 8.64 ▲ 1.95% SANTANDER BR 5.47 ▲ 2.15% AMBEV ADR 3.13 ▲ 2.12% CSN 1.02 ▼ 1.46% GERDAU 4.58 ▲ 1.89% LATAM ADR 52.99 ▼ 0.65% BTC 63,646 ▲ 2.26% ETH 1,863 ▲ 5.05% SOL 76.76 ▲ 2.54% XRP 1.10 ▲ 2.85% BNB 578.79 ▲ 2.15% ADA 0.16 ▲ 3.67% DOGE 0.07 ▲ 2.70% AVAX 6.63 ▲ 2.88% LINK 8.27 ▲ 5.07% DOT 0.85 ▲ 1.49% LTC 44.54 ▲ 2.42% BCH 238.48 ▲ 0.95% TRX 0.33 ▲ 0.34% XLM 0.18 ▲ 1.77% HBAR 0.07 ▲ 0.70% NEAR 2.02 ▲ 5.28% ATOM 1.54 ▲ 0.59% AAVE 98.68 ▲ 4.58% SELIC 14.25% EMBRAER 82.91 ▼ 0.12% EMBRAER ADR 65.38 ▲ 1.40% JBS 11.87 ▲ 0.55% JBS BDR 59.85 ▼ 1.25% MBRF3 15.91 ▲ 1.21% MBRFY 3.05 — 0.00% INTER 5.78 ▲ 2.30%
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Tuesday, July 14, 2026

The Curmudgeon on “Half Price”

By · July 16, 2013 · 3 min read

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Opinion, by Michael Royster

RIO DE JANEIRO, BRAZIL – Having already opined that “it’s not about the R$0,20” the Curmudgeon now realizes it’s mostly about getting “half price” on everything. Half price entry to cultural and sporting events is now available to all in Brazil under eighteen or over sixty, as long as they can show an ID. But last week the Brazilian Congress approved the “Estatuto da Juventude” which we will call the Statute of Youth.

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The Curmudgeon, also known as Michael Royster.
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“Youth” is defined in the eponymous Statute as being between the ages of fifteen and 29. What do “youths” get, when they go to the fountain under the Statute? The right to pay half price for entry to any and all cultural and sporting events, anywhere in Brazil, except (duh!) the 2014 World Cup football (soccer) matches and the 2016 Olympic Games events.

What else do they get? If the Statute of Youth is passed without any vetoes, any student who can show a valid student ID (more on that below) is entitled to ride free on “interstate transportation.” Unfortunately, the free ride is not conditioned upon your going to school. So, if you’re a wealthy student in Rio de Janeiro and fancy a long weekend in Iguaçu Falls, just hop a plane and pay only half the price the “non-students” pay! Whee!

How will we know someone’s really a student? ID cards should “preferentially” (meaning obligatorily) be “issued” (meaning sold) by those national student organizations — UNE, UBES — once famous for their left-wing political protests. They need the money to build their swanky new headquarters (designed by Oscar Niemeyer) on Rio’s Flamengo Beach Road and this monopoly is their payoff for having protested exactly nothing for the past ten years.

Purveyors of culture are another group heavily in favor of this measure, because for the first time the number of half price tickets available is to be limited. Cultural purveyors can charge only half price to the holders of the “Vale Cultura” (culture voucher) which employers provide their employees. Children and “Sêniores” [only Brazilians would inculcate into their language a misspelt English euphemism for “idoso” or elderly] are already entitled to enter at half price.

Producers of plays have to pay full price for lighting and sound equipment and set decorations, and they have to estimate how much revenue they will get. That’s been impossible up to now, as the numbers of youths claiming to be under age eighteen far exceeds the true number of under eighteen’s, given the widespread falsification of ID cards. The Statute stipulates that only forty percent of the available seats be reserved for students, which, according to the producers, means regular prices will now come down. The Curmudgeon will believe that when he sees it.

The Curmudgeon has one more complaint. In his view, those 29-year old perpetual students living the easy life sponging off their parents ought not to get tax benefits. For in case you were wondering, it is the taxpayers of Brazil who will pay for this populist measure — the Statute of Youth specifically provides for government subsidies to transportation companies and culture purveyors. That isn’t right, unless you’re one of the favored few.

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Michael Royster, aka THE CURMUDGEON first saw Rio forty-plus years ago, fetched up on these shores exactly 36 years ago, still loves it, notwithstanding being a charter member of the most persecuted minority in (North) America today, the WASPs (google it!)(get over it!)


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