IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,430.32 ▼ 0.08% MERVAL 3,033,848 — 0.00% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL5.19▲ 0.17% USD/MXN17.00▲ 0.01% USD/CLP936.04▲ 0.19% USD/COP3,223▲ 0.68% USD/PEN3.36▼ 0.14% USD/ARS1,509▼ 0.28% USD/UYU40.29▲ 0.05% USD/PYG5,892▼ 0.13% USD/BOB11.84▲ 0.51% USD/DOP58.61▲ 0.46% USD/CRC446.47▼ 0.04% USD/GTQ7.62▼ 0.02% USD/HNL26.84— 0.00% USD/NIO36.62▲ 0.14% USD/VES796.33▲ 0.29% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.37% EUR/BRL6.01▼ 0.01% 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% IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,430.32 ▼ 0.08% MERVAL 3,033,848 — 0.00% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% 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
Tuesday, September 1, 2026

Business - Brazil In-Depth - Brazil

The Rio Times to Close March 31 After Ten Years of Publishing

By · March 21, 2019 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL – After ten years, nearly 14,000 news articles, and working with over one hundred freelance reporters and writers, The Rio Times, Brazil’s leading local English-language news publisher, will shut down on Sunday, March 31st.

Brazil, Brazil News, Rio de Janeiro
Launched in 2009, The Rio Times will shut down on March 31st, announced Editor and Publisher Stone Korshak, photo by Elena Thomas.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

“We’re closing because I am living back in the U.S. now, and although it is a profitable business, and we’ve got some of the best reporters we’ve ever had, it’s not enough to keep me in Rio and I can’t dedicate enough time to it anymore,” expressed Stone Korshak, The Rio Times Editor and Publisher.

“It has been a very difficult decision because [The Rio Times] has been my life for the last ten years, and I’ve loved doing it,” he said. “Without a doubt it has been the most satisfying work I’ve ever done.”

Korshak launched The Rio Times in 2009 shortly after arriving in Rio because of what he explains as “a gap that I felt myself, which was trying to find information about living in Rio, without speaking and reading Portuguese well.”

From the beginning, the news company provided the expatriate community in Brazil and Rio de Janeiro a much-needed source of local news in English. At the time, Rio had not had a locally published English language newspaper in over twenty years – the last one being The Latin America Daily Post which closed in 1986.

However, soon after opening, The Rio Times, “evolved into something much more,” Korshak related. “It became (what I hoped) was a hub for expat life in Rio and Brazil. We wanted to connect foreigners together, for life, work and fun.”

He adds, “We were always proud to help support foreigners doing business in Rio, which is an extremely difficult environment in the best of times. Not to mention promoting those expats doing art and music, as well as non-profit NGO programs.”

Julia Michaels, an American expatriate, author and journalist behind the Rio Real Blog, exclaimed, “The Rio Times was a vibrant institution that helped to define and inform our expat community in all its diversity.”

Unfortunately, according to Michaels, the newspaper was not immune to “Rio´s downturn, which has spurred a tragic exodus of both expats and Cariocas.” She laments, “I will miss The Rio Times.”

Brazil, Brazil News, Rio de Janeiro
Over the years, The Rio Times became a hub for expats in Brazil and Rio, photo courtesy of Vitophotography.com.

Throughout the years, The Rio Times also served as an outlet for many expat freelance writers and journalists living in Brazil – giving them a chance to report on local happenings and national stories, as well as providing an opportunity to voice their affection and, oftentimes, frustration with the country that, at least for a time, they called home.

The diverse group of reporters who have passed through The Rio Times newsroom included veteran journalists, lawyers, small business owners, and graduate students – some of whom had already lived in Brazil for decades before the newspaper launched and others who had just arrived.

“Getting to write on a daily basis one and even two stories when you are a freelancer in Brazil has been challenging and gratifying,” explained The Rio Times’ senior reporter Lise Alves, who began writing for the newspaper in 2014.

“It has been a pleasure to work at The Rio Times and to bring our readers stories which carry a bit more of the local color of the wonderful places here in Brazil.”

As the publication enters the final weeks of a successful ten-year run, Korshak concluded, “I’ll always be proud of The Rio Times and thankful to the readers and advertisers who supported us, as well as all the great reporters that poured their hearts into it – for very little money.”

“For me,” he shared, “I’ll take all the experience from the last decade and put it towards launching a new publication in Miami Beach, which will be announced soon.”

The Rio Times will publish its last article on Sunday, March 31st. The website will remain up for six months after the paper closes during which time all the articles will be accessible.

Read More from The Rio Times

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.