IBOV 177,482 ▲ 2.74% IPSA 11,032 ▲ 0.06% IPC MEX 66,554 ▲ 0.68% MERVAL 3,278,417 ▲ 2.37% COLCAP 2,299.62 ▲ 0.30% BVL PERÚ 56,194.27 ▲ 1.11% USD/BRL5.11▼ 0.14% USD/MXN17.48▼ 0.37% USD/CLP924.97▼ 0.29% USD/COP3,242▼ 3.03% USD/PEN3.39▼ 0.31% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.20% USD/PYG6,055▲ 1.53% USD/BOB10.14▲ 4.01% USD/DOP58.48▼ 0.12% USD/CRC448.82▲ 1.40% USD/GTQ7.63▲ 2.28% USD/HNL26.72▲ 1.50% USD/NIO36.62▲ 0.26% USD/VES707.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.81% USD/TTD6.75▲ 1.32% EUR/BRL5.83▼ 1.06% BRENT 76.08 ▼ 0.29% WTI 71.56 ▼ 0.72% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.01% GOLD 4,110 ▼ 0.51% SILVER 59.99 ▼ 0.64% SOY 1,190 ▲ 0.83% CORN 460.25 ▲ 7.60% WHEAT 639.25 ▲ 4.58% COFFEE 337.75 ▼ 5.38% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 5,973 ▼ 5.33% BEEF 235.00 ▼ 0.11% CATTLE 354.38 ▼ 0.50% LITHIUM 72.25 ▼ 0.78% PETR4 39.52 ▲ 0.79% VALE3 74.49 ▲ 1.83% ITUB4 44.20 ▲ 3.78% BBDC4 18.76 ▲ 4.22% ABEV3 15.85 ▲ 0.83% BBAS3 20.57 ▲ 2.85% B3SA3 15.44 ▲ 4.39% WEGE3 46.58 ▲ 1.84% PRIO3 55.51 ▼ 0.18% SUZB3 41.48 ▲ 1.10% RENT3 40.95 ▲ 3.93% AZZA3 19.27 ▲ 4.39% CSAN3 4.03 ▲ 4.40% RAIZ4 0.35 ▼ 5.41% PCAR3 2.74 ▼ 0.72% GMAT3 3.96 ▲ 0.76% PSSA3 54.64 ▲ 2.42% CVCB3 1.25 — 0.00% POSI3 4.00 ▲ 3.90% SLCE3 14.04 ▲ 1.81% NATU3 8.55 ▲ 1.06% BRKM5 6.62 ▲ 4.09% RANI3 8.01 ▲ 1.91% CSNA3 5.16 ▲ 7.50% CMIN3 5.10 ▲ 5.59% USIM5 8.44 ▲ 1.08% GGBR4 22.94 ▲ 2.05% ENEV3 27.30 ▲ 4.20% CPFE3 47.59 ▲ 2.81% CMIG4 11.34 ▲ 2.35% EQTL3 40.80 ▲ 3.27% LREN3 14.66 ▲ 3.60% VIVT3 35.59 ▲ 3.16% RAIL3 14.19 ▲ 3.20% KLABIN 17.49 ▲ 0.52% RAIA DROGASIL 18.90 ▲ 4.25% RDOR3 35.95 ▲ 2.28% HAPV3 10.59 ▲ 5.16% FLRY3 16.41 ▲ 4.19% SMTO3 16.28 ▲ 1.43% UGPA3 30.73 ▲ 2.09% VBBR3 32.83 ▲ 2.27% BBSE3 40.30 ▲ 2.60% BPAC11 58.64 ▲ 5.32% CURY3 34.12 ▲ 4.34% AERI3 2.08 ▲ 0.97% VIVARA 23.57 ▲ 4.38% COMPASS 25.18 ▲ 2.03% VAMOS 3.08 ▲ 4.05% SANB11 27.43 ▲ 4.50% ASAI3 8.90 ▲ 5.20% SBSP3 30.96 ▲ 3.20% WALMEX 49.41 ▲ 0.80% GMEXICO 198.51 ▲ 1.62% CEMEX 21.85 ▲ 0.64% GFNORTE 187.78 ▲ 1.31% BIMBO 55.99 ▲ 0.11% TELEVISA 9.75 ▲ 2.74% AMX 22.75 ▲ 0.49% GAP 414.72 ▲ 0.24% ASUR 287.01 ▲ 1.20% OMA 237.01 ▼ 0.42% KOF 181.37 ▲ 0.26% GRUMA 282.79 ▲ 0.07% KIMBER 38.20 ▼ 0.62% SQM-B 68,169 ▼ 1.35% COPEC 6,099 ▲ 1.31% BSANTANDER 78.47 ▲ 1.25% FALABELLA 5,920 ▲ 1.18% ENELAM 85.26 ▲ 1.31% CENCOSUD 2,040 ▼ 0.81% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.36 ▲ 0.73% LATAM AIR 26.40 — 0.00% YPF 74,200 ▼ 2.08% GGAL 8,340 ▲ 5.84% PAMPA 5,195 ▼ 0.19% TXAR 668.00 ▲ 0.53% ALUAR 976.50 ▲ 0.83% TGS 9,555 ▲ 2.63% CEPU 2,359 ▲ 1.90% MIRGOR 17,075 ▼ 0.73% COME 46.50 ▲ 2.38% LOMA NEGRA 3,600 ▲ 2.93% BYMA 313.25 ▲ 1.13% TELECOM ARG 4,203 ▲ 2.00% ECOPETROL 15.53 ▲ 0.91% BANCOLOMBIA 83.26 ▲ 2.88% GRUPO AVAL 5.11 ▲ 1.79% CREDICORP 401.28 ▲ 2.39% SOUTHERN COPPER 175.86 ▲ 0.82% BUENAVENTURA 30.08 ▲ 1.79% MERCADOLIBRE 1,877 ▲ 3.80% NUBANK 13.82 ▲ 1.06% XP 17.02 ▲ 3.69% PAGSEGURO 9.30 ▲ 3.28% STONE 11.24 ▲ 2.55% GLOBANT 30.03 ▼ 4.03% TECNOGLASS 44.16 ▲ 2.36% GAP AIRPORT 237.54 ▲ 1.31% ASUR 287.01 ▲ 1.20% OMA AIRPORT 108.37 ▲ 0.04% AMX ADR 25.98 ▲ 0.54% FEMSA ADR 127.80 ▲ 0.63% CEMEX ADR 12.51 ▲ 1.09% PETROBRAS ADR 17.17 ▲ 0.79% VALE ADR 14.53 ▲ 2.14% ITAU ADR 8.65 ▲ 4.41% SANTANDER BR 5.41 ▲ 5.25% AMBEV ADR 3.08 ▲ 1.15% CSN 1.02 ▲ 6.84% GERDAU 4.51 ▲ 2.27% LATAM ADR 57.03 ▼ 0.02% BTC 63,782 ▲ 0.93% ETH 1,785 ▲ 2.30% SOL 77.55 ▼ 0.63% XRP 1.10 ▲ 0.56% BNB 574.32 ▲ 1.03% ADA 0.17 ▼ 0.37% DOGE 0.07 ▲ 1.20% AVAX 6.71 ▲ 0.41% LINK 7.90 ▲ 2.18% DOT 0.87 ▲ 5.32% LTC 44.45 ▲ 1.57% BCH 245.12 ▲ 3.09% TRX 0.33 ▼ 0.52% XLM 0.19 ▲ 1.85% HBAR 0.07 ▼ 0.15% NEAR 1.86 ▼ 2.89% ATOM 1.58 ▲ 2.14% AAVE 95.32 ▲ 4.45% SELIC 14.25% EMBRAER 84.83 ▲ 1.16% EMBRAER ADR 66.44 ▲ 1.37% JBS 11.91 ▲ 1.49% JBS BDR 60.65 ▲ 1.00% MBRF3 15.45 ▲ 0.26% MBRFY 2.98 ▼ 0.67% INTER 5.84 ▲ 2.28% FEMSA 223.15 ▲ 0.35% EGX 52,312 ▲ 0.54% USD/ZAR16.31▼ 0.09% USD/NGN1,376▼ 0.12% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY161.70▼ 0.42% USD/CNY6.77▼ 0.39% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD1.14▼ 0.10% GBP/USD1.34▲ 0.01% SPX 7,571 ▲ 0.37% DJI 52,668 ▲ 0.34% NDX 29,820 ▲ 0.31% RUT 2,980 ▼ 0.43% TSX 35,291 ▲ 0.26% VIX 15.28 ▼ 3.54% USD/CAD1.42▼ 0.11% US10Y 4.5690 ▲ 0.66% IBOV 177,482 ▲ 2.74% IPSA 11,032 ▲ 0.06% IPC MEX 66,554 ▲ 0.68% MERVAL 3,278,417 ▲ 2.37% COLCAP 2,299.62 ▲ 0.30% BVL PERÚ 56,194.27 ▲ 1.11% USD/BRL 5.11 ▼ 0.14% USD/MXN 17.48 ▼ 0.37% USD/CLP 924.80 ▼ 0.31% USD/COP 3,242 ▼ 3.03% USD/PEN 3.39 ▼ 0.31% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.20% USD/PYG 6,055 ▲ 1.53% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.48 ▼ 0.12% USD/CRC 448.82 ▲ 1.40% USD/GTQ 7.63 ▲ 2.28% USD/HNL 26.72 ▲ 1.50% USD/NIO 36.62 ▲ 0.26% USD/VES 707.92 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.09 ▲ 0.81% USD/TTD 6.75 ▲ 1.32% EUR/BRL 5.83 ▼ 1.11% BRENT 76.08 ▼ 0.29% WTI 71.56 ▼ 0.72% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.01% GOLD 4,110 ▼ 0.51% SILVER 59.99 ▼ 0.64% SOY 1,190 ▲ 0.83% CORN 460.25 ▲ 7.60% WHEAT 639.25 ▲ 4.58% COFFEE 337.75 ▼ 5.38% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 5,973 ▼ 5.33% BEEF 235.00 ▼ 0.11% CATTLE 354.38 ▼ 0.50% LITHIUM 72.25 ▼ 0.78% PETR4 39.52 ▲ 0.79% VALE3 74.49 ▲ 1.83% ITUB4 44.20 ▲ 3.78% BBDC4 18.76 ▲ 4.22% ABEV3 15.85 ▲ 0.83% BBAS3 20.57 ▲ 2.85% B3SA3 15.44 ▲ 4.39% WEGE3 46.58 ▲ 1.84% PRIO3 55.51 ▼ 0.18% SUZB3 41.48 ▲ 1.10% RENT3 40.95 ▲ 3.93% AZZA3 19.27 ▲ 4.39% CSAN3 4.03 ▲ 4.40% RAIZ4 0.35 ▼ 5.41% PCAR3 2.74 ▼ 0.72% GMAT3 3.96 ▲ 0.76% PSSA3 54.64 ▲ 2.42% CVCB3 1.25 — 0.00% POSI3 4.00 ▲ 3.90% SLCE3 14.04 ▲ 1.81% NATU3 8.55 ▲ 1.06% BRKM5 6.62 ▲ 4.09% RANI3 8.01 ▲ 1.91% CSNA3 5.16 ▲ 7.50% CMIN3 5.10 ▲ 5.59% USIM5 8.44 ▲ 1.08% GGBR4 22.94 ▲ 2.05% ENEV3 27.30 ▲ 4.20% CPFE3 47.59 ▲ 2.81% CMIG4 11.34 ▲ 2.35% EQTL3 40.80 ▲ 3.27% LREN3 14.66 ▲ 3.60% VIVT3 35.59 ▲ 3.16% RAIL3 14.19 ▲ 3.20% KLABIN 17.49 ▲ 0.52% RAIA DROGASIL 18.90 ▲ 4.25% RDOR3 35.95 ▲ 2.28% HAPV3 10.59 ▲ 5.16% FLRY3 16.41 ▲ 4.19% SMTO3 16.28 ▲ 1.43% UGPA3 30.73 ▲ 2.09% VBBR3 32.83 ▲ 2.27% BBSE3 40.30 ▲ 2.60% BPAC11 58.64 ▲ 5.32% CURY3 34.12 ▲ 4.34% AERI3 2.08 ▲ 0.97% VIVARA 23.57 ▲ 4.38% COMPASS 25.18 ▲ 2.03% VAMOS 3.08 ▲ 4.05% SANB11 27.43 ▲ 4.50% ASAI3 8.90 ▲ 5.20% SBSP3 30.96 ▲ 3.20% WALMEX 49.41 ▲ 0.80% GMEXICO 198.51 ▲ 1.62% CEMEX 21.85 ▲ 0.64% GFNORTE 187.78 ▲ 1.31% BIMBO 55.99 ▲ 0.11% TELEVISA 9.75 ▲ 2.74% AMX 22.75 ▲ 0.49% GAP 414.72 ▲ 0.24% ASUR 287.01 ▲ 1.20% OMA 237.01 ▼ 0.42% KOF 181.37 ▲ 0.26% GRUMA 282.79 ▲ 0.07% KIMBER 38.20 ▼ 0.62% SQM-B 68,169 ▼ 1.35% COPEC 6,099 ▲ 1.31% BSANTANDER 78.47 ▲ 1.25% FALABELLA 5,920 ▲ 1.18% ENELAM 85.26 ▲ 1.31% CENCOSUD 2,040 ▼ 0.81% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.36 ▲ 0.73% LATAM AIR 26.40 — 0.00% YPF 74,200 ▼ 2.08% GGAL 8,340 ▲ 5.84% PAMPA 5,195 ▼ 0.19% TXAR 668.00 ▲ 0.53% ALUAR 976.50 ▲ 0.83% TGS 9,555 ▲ 2.63% CEPU 2,359 ▲ 1.90% MIRGOR 17,075 ▼ 0.73% COME 46.50 ▲ 2.38% LOMA NEGRA 3,600 ▲ 2.93% BYMA 313.25 ▲ 1.13% TELECOM ARG 4,203 ▲ 2.00% ECOPETROL 15.53 ▲ 0.91% BANCOLOMBIA 83.26 ▲ 2.88% GRUPO AVAL 5.11 ▲ 1.79% CREDICORP 401.28 ▲ 2.39% SOUTHERN COPPER 175.86 ▲ 0.82% BUENAVENTURA 30.08 ▲ 1.79% MERCADOLIBRE 1,877 ▲ 3.80% NUBANK 13.82 ▲ 1.06% XP 17.02 ▲ 3.69% PAGSEGURO 9.30 ▲ 3.28% STONE 11.24 ▲ 2.55% GLOBANT 30.03 ▼ 4.03% TECNOGLASS 44.16 ▲ 2.36% GAP AIRPORT 237.54 ▲ 1.31% ASUR 287.01 ▲ 1.20% OMA AIRPORT 108.37 ▲ 0.04% AMX ADR 25.98 ▲ 0.54% FEMSA ADR 127.80 ▲ 0.63% CEMEX ADR 12.51 ▲ 1.09% PETROBRAS ADR 17.17 ▲ 0.79% VALE ADR 14.53 ▲ 2.14% ITAU ADR 8.65 ▲ 4.41% SANTANDER BR 5.41 ▲ 5.25% AMBEV ADR 3.08 ▲ 1.15% CSN 1.02 ▲ 6.84% GERDAU 4.51 ▲ 2.27% LATAM ADR 57.03 ▼ 0.02% BTC 63,782 ▲ 0.93% ETH 1,785 ▲ 2.30% SOL 77.55 ▼ 0.63% XRP 1.10 ▲ 0.56% BNB 574.32 ▲ 1.03% ADA 0.17 ▼ 0.37% DOGE 0.07 ▲ 1.20% AVAX 6.71 ▲ 0.41% LINK 7.90 ▲ 2.18% DOT 0.87 ▲ 5.32% LTC 44.45 ▲ 1.57% BCH 245.12 ▲ 3.09% TRX 0.33 ▼ 0.52% XLM 0.19 ▲ 1.85% HBAR 0.07 ▼ 0.15% NEAR 1.86 ▼ 2.89% ATOM 1.58 ▲ 2.14% AAVE 95.32 ▲ 4.45% SELIC 14.25% EMBRAER 84.83 ▲ 1.16% EMBRAER ADR 66.44 ▲ 1.37% JBS 11.91 ▲ 1.49% JBS BDR 60.65 ▲ 1.00% MBRF3 15.45 ▲ 0.26% MBRFY 2.98 ▼ 0.67% INTER 5.84 ▲ 2.28% FEMSA 223.15 ▲ 0.35% EGX 52,312 ▲ 0.54% USD/ZAR 16.31 ▲ 0.01% USD/NGN 1,376 ▲ 0.08% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY 161.69 ▼ 0.41% USD/CNY 6.7667 ▼ 0.37% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD 1.1419 ▼ 0.13% GBP/USD 1.3398 ▼ 0.04% SPX 7,571 ▲ 0.37% DJI 52,668 ▲ 0.34% NDX 29,820 ▲ 0.31% RUT 2,980 ▼ 0.43% TSX 35,291 ▲ 0.26% VIX 15.28 ▼ 3.54% USD/CAD 1.4152 ▼ 0.10% US10Y 4.5690 ▲ 0.66%
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Friday, July 10, 2026

2016 Olympics Business - Brazil

Violence: a Key Issue In Olympics Bid

By · September 29, 2009 · 3 min read

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By Jaylan Boyle, Contributing Reporter

Presidents da Silva and Obama at a Whitehouse meeting earlier this year, photo by Ricardo Stuckert/PR
President Lula and Obama at a Whitehouse meeting earlier this year, photo by Ricardo Stuckert/PR.
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RIO DE JANEIRO – It has been a week of extraordinary theater in the run-up to the naming of the 2016 Olympics host country, including the announcement that American President Barack Obama will appear on behalf of Chicago’s bid in Copenhagen this week.

Many analysts were surprised by Mr. Obama’s late commitment to Chicago’s cause; some have also questioned whether it is appropriate for an American President to take time from his schedule to participate in a public relations exercise.

However, Chicago is certainly not alone in bringing out the big guns for the crucial Copenhagen meeting: Madrid will have the services of King Juan Carlos, an ex-Olympic sailor, while Tokyo has enlisted newly elected Prime Minister Yukio Hatoyama.

Speculation has been rife that Mr. Obama’s appearance before the IOC in Copenhagen will surely sway the governing body’s vote towards Chicago, since Rio appeared to be marginally ahead of the pack.

Of the criteria that the IOC identifies as essential to a successful Olympics bid, the security issue has followed Rio closely. Only Rio has been singled out by the IOC as having safety concerns. During the week that the IOC released a report that was generally warm in its praise of the city’s bid, police battles with traffickers took more than twelve lives, a commuter train was stopped during a shootout, and 2,000 children were kept out of school. The homicide rate hovers at around 33 per 100,000, much higher than that of the other cities.

Those responding to Rio’s critics point out that the violence is generally confined to Rio’s favelas, where Olympic delegates, spectators and participants are certain not to go.

The IOC has also praised Rio’s ongoing efforts to deal with the problems it faces, and existing measures are credited with reducing violent crime to its lowest level in seventeen years, a statistic which is widely predicted to continue decreasing.

In additon, President Luis Inácio da Silva has pointed out that Rio is seemingly immune to one of the biggest security threats facing the wealthier nations, that of terrorism. “We don’t have attacks, we don’t have bombs,” he said.

Brazil’s Justice Minister Tarso Genro has suggested that the concerns over security are being amplified by the media, and are not shared by the IOC, saying that officials are more worried about transportation and accommodation.

President da Silva has appealed to the IOC to acknowledge that Brazil needs the games far more than other bidders. “… It would be something to raise people’s self-esteem… No other city needs to host an Olympics. Brazil needs it,” he said, recently.

Many have noted that South American has yet to see an Olympics, and that after many unsuccessful bids, Rio should get its chance, particularly given that the FIFA World Cup in 2014 will surely place the city in a state of readiness for the games in 2016.

Lula argues that Rio is better prepared than it has ever been to host such an event, noting that the annual mass-party of Carnaval generally passes with no more than minor security issues. He has also pointed out that South America should no longer be excluded from the Olympic family, given that most of the participating athletes are from poor backgrounds. “Do only rich countries have the right to host the Olympics?” he asked.

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