IBOV 176,564.75 ▲ 0.70% IPSA 10,879.65 ▼ 0.77% IPC MEX 67,304.62 ▲ 0.18% MERVAL 3,256,362 — 0.00% COLCAP 2,301.24 ▲ 0.80% BVL PERÚ 57,237.60 — — USD/BRL5.13▲ 0.10% USD/MXN17.48▲ 0.30% USD/CLP934.83▲ 0.42% USD/COP3,194▼ 0.32% USD/PEN3.39▼ 0.35% USD/ARS1,499▲ 0.15% USD/UYU40.20▲ 1.42% USD/PYG6,020▲ 1.46% USD/BOB11.30▲ 3.36% USD/DOP57.79▼ 0.36% USD/CRC449.99▲ 1.60% USD/GTQ7.62▲ 2.22% USD/HNL26.76▲ 1.54% USD/NIO36.62▲ 0.31% USD/VES742.37▲ 0.14% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.19▲ 0.07% USD/TTD6.75▲ 1.25% EUR/BRL5.83▲ 0.07% BRENT 88.20 ▲ 4.89% WTI 83.04 ▲ 4.77% IRON ORE 161.91 — — COPPER 6.31 ▼ 0.14% GOLD 4,089 ▲ 1.31% SILVER 57.86 ▲ 0.98% SOY 1,208 ▼ 0.37% CORN 478.00 ▲ 4.25% WHEAT 663.75 ▲ 0.19% COFFEE 340.45 ▲ 0.31% SUGAR 14.62 ▲ 0.48% ORANGE JUICE 139.45 ▲ 1.90% COTTON 80.80 ▲ 2.01% COCOA 5,302 ▲ 1.94% BEEF 222.18 ▼ 1.35% CATTLE 337.23 ▼ 0.30% LITHIUM 66.96 ▼ 2.43% PETR4 41.21 ▲ 0.49% VALE3 75.69 — 0.00% ITUB4 42.86 ▲ 0.40% BBDC4 18.77 ▲ 0.32% ABEV3 16.10 ▲ 1.51% BBAS3 20.83 ▲ 1.61% B3SA3 16.00 ▲ 1.78% WEGE3 46.70 ▲ 0.65% PRIO3 56.77 ▲ 1.90% SUZB3 43.10 ▲ 2.94% RENT3 38.37 ▲ 1.72% AZZA3 17.15 ▲ 0.23% CSAN3 4.00 ▲ 1.27% RAIZ4 0.27 ▲ 3.85% PCAR3 2.74 — 0.00% GMAT3 3.92 ▲ 2.35% PSSA3 54.91 ▲ 1.14% CVCB3 1.32 ▼ 2.94% POSI3 3.60 ▲ 2.27% SLCE3 13.16 ▼ 1.64% NATU3 8.34 ▼ 1.77% BRKM5 5.96 ▼ 1.97% RANI3 8.13 ▲ 2.52% CSNA3 5.64 ▼ 1.23% CMIN3 5.96 ▲ 2.76% USIM5 8.69 ▲ 0.93% GGBR4 25.14 ▲ 2.70% ENEV3 25.85 ▲ 1.49% CPFE3 45.96 ▲ 2.70% CMIG4 11.19 ▲ 0.18% EQTL3 38.83 ▲ 0.08% LREN3 13.90 ▲ 1.24% VIVT3 33.83 ▼ 6.31% RAIL3 14.08 ▲ 2.03% KLABIN 18.04 ▲ 2.04% RAIA DROGASIL 18.20 ▲ 0.17% RDOR3 34.32 ▲ 2.14% HAPV3 10.60 ▲ 4.02% FLRY3 17.06 ▲ 3.21% SMTO3 14.30 ▼ 2.52% UGPA3 32.45 ▲ 1.12% VBBR3 35.13 ▲ 1.83% BBSE3 41.21 ▲ 1.65% BPAC11 55.84 ▲ 0.52% CURY3 30.10 ▼ 0.95% AERI3 2.09 ▲ 1.95% VIVARA 22.61 ▲ 2.73% COMPASS 25.22 ▼ 0.32% VAMOS 3.33 ▲ 5.05% SANB11 27.67 ▲ 1.13% ASAI3 8.24 ▲ 1.60% SBSP3 28.27 ▼ 2.08% WALMEX 48.74 ▲ 0.70% GMEXICO 209.28 ▼ 0.11% FEMSA 222.17 ▼ 3.83% CEMEX 20.99 ▼ 1.78% GFNORTE 199.12 ▲ 1.37% BIMBO 59.50 ▲ 0.66% TELEVISA 9.86 ▼ 0.20% AMX 22.48 ▲ 0.09% GAP 379.13 ▲ 0.93% ASUR 271.18 ▲ 0.97% OMA 235.27 ▲ 2.85% KOF 189.82 ▲ 0.07% GRUMA 268.00 ▼ 0.20% KIMBER 40.61 ▲ 1.78% SQM-B 62,500 ▼ 3.33% COPEC 6,300 ▲ 0.82% BSANTANDER 79.12 ▼ 2.04% FALABELLA 6,101 ▼ 0.88% ENELAM 85.80 ▼ 0.10% CENCOSUD 1,900 ▼ 0.78% CMPC 1,035 ▼ 0.43% BANCO CHILE 189.10 ▼ 2.15% LATAM AIR 25.00 ▲ 1.63% YPF 79,525 ▼ 2.09% GGAL 7,855 ▼ 1.32% PAMPA 5,450 ▼ 0.46% TXAR 674.00 — 0.00% ALUAR 988.00 ▲ 0.36% TGS 9,465 ▼ 2.52% CEPU 2,335 ▼ 2.01% MIRGOR 16,525 ▼ 1.78% COME 42.52 ▲ 0.14% LOMA NEGRA 3,650 ▼ 1.55% BYMA 302.75 — 0.00% TELECOM ARG 4,335 ▼ 3.45% ECOPETROL 15.83 ▲ 0.19% BANCOLOMBIA 89.07 ▲ 1.30% GRUPO AVAL 4.93 ▲ 2.28% CREDICORP 389.39 ▼ 0.41% SOUTHERN COPPER 178.96 ▼ 0.20% BUENAVENTURA 30.35 ▼ 4.32% MERCADOLIBRE 1,863 ▲ 2.35% NUBANK 14.68 ▲ 1.03% XP 16.80 ▲ 0.36% PAGSEGURO 9.61 ▲ 2.45% STONE 11.16 ▲ 2.48% GLOBANT 35.11 ▲ 7.57% TECNOGLASS 47.22 ▲ 4.05% GAP AIRPORT 217.50 ▲ 0.57% ASUR 271.18 ▲ 0.97% OMA AIRPORT 108.27 ▲ 3.31% AMX ADR 25.73 ▲ 0.10% FEMSA ADR 127.73 ▼ 3.34% CEMEX ADR 12.00 ▼ 1.64% PETROBRAS ADR 18.07 ▲ 0.39% VALE ADR 14.70 ▼ 0.54% ITAU ADR 8.31 ▼ 0.72% SANTANDER BR 5.48 ▲ 0.74% AMBEV ADR 3.13 ▲ 1.95% CSN 1.10 ▼ 1.79% GERDAU 4.93 ▲ 2.13% LATAM ADR 53.59 ▲ 2.44% BTC 64,252 ▲ 0.60% ETH 1,903 ▼ 0.89% SOL 73.44 ▼ 0.35% XRP 1.08 ▲ 0.93% BNB 568.34 ▼ 0.38% ADA 0.16 ▲ 1.12% DOGE 0.07 ▼ 0.41% AVAX 6.38 ▼ 2.81% LINK 8.35 ▼ 0.91% DOT 0.76 ▼ 0.38% LTC 45.20 ▼ 2.03% BCH 211.68 ▼ 1.11% TRX 0.33 ▲ 0.66% XLM 0.17 ▼ 0.23% HBAR 0.07 ▼ 0.40% NEAR 1.59 ▼ 3.84% ATOM 1.28 ▼ 1.81% AAVE 97.77 ▼ 2.94% SELIC 14.25% EMBRAER 88.86 ▲ 2.26% EMBRAER ADR 69.09 ▲ 1.62% JBS 13.93 ▲ 2.80% JBS BDR 70.57 ▲ 1.94% MBRF3 16.30 ▲ 2.58% MBRFY 3.15 ▲ 10.14% INTER 5.59 ▲ 0.54% IBOV 176,564.75 ▲ 0.70% IPSA 10,879.65 ▼ 0.77% IPC MEX 67,304.62 ▲ 0.18% MERVAL 3,256,362 — 0.00% COLCAP 2,301.24 ▲ 0.80% BVL PERÚ 57,237.60 — — USD/BRL 5.13 ▲ 0.10% USD/MXN 17.48 ▲ 0.30% USD/CLP 934.83 ▲ 0.42% USD/COP 3,194 ▼ 0.32% USD/PEN 3.39 ▼ 0.35% USD/ARS 1,499 ▲ 0.15% USD/UYU 40.20 ▲ 1.42% USD/PYG 6,020 ▲ 1.46% USD/BOB 11.30 ▲ 3.36% USD/DOP 57.79 ▼ 0.36% USD/CRC 449.99 ▲ 1.60% USD/GTQ 7.62 ▲ 2.22% USD/HNL 26.76 ▲ 1.54% USD/NIO 36.62 ▲ 0.31% USD/VES 742.37 ▲ 0.14% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.19 ▲ 0.35% USD/TTD 6.75 ▲ 1.31% EUR/BRL 5.83 ▲ 0.07% BRENT 88.20 ▲ 4.89% WTI 83.04 ▲ 4.77% IRON ORE 161.91 — — COPPER 6.31 ▼ 0.14% GOLD 4,089 ▲ 1.31% SILVER 57.86 ▲ 0.98% SOY 1,208 ▼ 0.37% CORN 478.00 ▲ 4.25% WHEAT 663.75 ▲ 0.19% COFFEE 340.45 ▲ 0.31% SUGAR 14.62 ▲ 0.48% ORANGE JUICE 139.45 ▲ 1.90% COTTON 80.80 ▲ 2.01% COCOA 5,302 ▲ 1.94% BEEF 222.18 ▼ 1.35% CATTLE 337.23 ▼ 0.30% LITHIUM 66.96 ▼ 2.43% PETR4 41.21 ▲ 0.49% VALE3 75.69 — 0.00% ITUB4 42.86 ▲ 0.40% BBDC4 18.77 ▲ 0.32% ABEV3 16.10 ▲ 1.51% BBAS3 20.83 ▲ 1.61% B3SA3 16.00 ▲ 1.78% WEGE3 46.70 ▲ 0.65% PRIO3 56.77 ▲ 1.90% SUZB3 43.10 ▲ 2.94% RENT3 38.37 ▲ 1.72% AZZA3 17.15 ▲ 0.23% CSAN3 4.00 ▲ 1.27% RAIZ4 0.27 ▲ 3.85% PCAR3 2.74 — 0.00% GMAT3 3.92 ▲ 2.35% PSSA3 54.91 ▲ 1.14% CVCB3 1.32 ▼ 2.94% POSI3 3.60 ▲ 2.27% SLCE3 13.16 ▼ 1.64% NATU3 8.34 ▼ 1.77% BRKM5 5.96 ▼ 1.97% RANI3 8.13 ▲ 2.52% CSNA3 5.64 ▼ 1.23% CMIN3 5.96 ▲ 2.76% USIM5 8.69 ▲ 0.93% GGBR4 25.14 ▲ 2.70% ENEV3 25.85 ▲ 1.49% CPFE3 45.96 ▲ 2.70% CMIG4 11.19 ▲ 0.18% EQTL3 38.83 ▲ 0.08% LREN3 13.90 ▲ 1.24% VIVT3 33.83 ▼ 6.31% RAIL3 14.08 ▲ 2.03% KLABIN 18.04 ▲ 2.04% RAIA DROGASIL 18.20 ▲ 0.17% RDOR3 34.32 ▲ 2.14% HAPV3 10.60 ▲ 4.02% FLRY3 17.06 ▲ 3.21% SMTO3 14.30 ▼ 2.52% UGPA3 32.45 ▲ 1.12% VBBR3 35.13 ▲ 1.83% BBSE3 41.21 ▲ 1.65% BPAC11 55.84 ▲ 0.52% CURY3 30.10 ▼ 0.95% AERI3 2.09 ▲ 1.95% VIVARA 22.61 ▲ 2.73% COMPASS 25.22 ▼ 0.32% VAMOS 3.33 ▲ 5.05% SANB11 27.67 ▲ 1.13% ASAI3 8.24 ▲ 1.60% SBSP3 28.27 ▼ 2.08% WALMEX 48.74 ▲ 0.70% GMEXICO 209.28 ▼ 0.11% FEMSA 222.17 ▼ 3.83% CEMEX 20.99 ▼ 1.78% GFNORTE 199.12 ▲ 1.37% BIMBO 59.50 ▲ 0.66% TELEVISA 9.86 ▼ 0.20% AMX 22.48 ▲ 0.09% GAP 379.13 ▲ 0.93% ASUR 271.18 ▲ 0.97% OMA 235.27 ▲ 2.85% KOF 189.82 ▲ 0.07% GRUMA 268.00 ▼ 0.20% KIMBER 40.61 ▲ 1.78% SQM-B 62,500 ▼ 3.33% COPEC 6,300 ▲ 0.82% BSANTANDER 79.12 ▼ 2.04% FALABELLA 6,101 ▼ 0.88% ENELAM 85.80 ▼ 0.10% CENCOSUD 1,900 ▼ 0.78% CMPC 1,035 ▼ 0.43% BANCO CHILE 189.10 ▼ 2.15% LATAM AIR 25.00 ▲ 1.63% YPF 79,525 ▼ 2.09% GGAL 7,855 ▼ 1.32% PAMPA 5,450 ▼ 0.46% TXAR 674.00 — 0.00% ALUAR 988.00 ▲ 0.36% TGS 9,465 ▼ 2.52% CEPU 2,335 ▼ 2.01% MIRGOR 16,525 ▼ 1.78% COME 42.52 ▲ 0.14% LOMA NEGRA 3,650 ▼ 1.55% BYMA 302.75 — 0.00% TELECOM ARG 4,335 ▼ 3.45% ECOPETROL 15.83 ▲ 0.19% BANCOLOMBIA 89.07 ▲ 1.30% GRUPO AVAL 4.93 ▲ 2.28% CREDICORP 389.39 ▼ 0.41% SOUTHERN COPPER 178.96 ▼ 0.20% BUENAVENTURA 30.35 ▼ 4.32% MERCADOLIBRE 1,863 ▲ 2.35% NUBANK 14.68 ▲ 1.03% XP 16.80 ▲ 0.36% PAGSEGURO 9.61 ▲ 2.45% STONE 11.16 ▲ 2.48% GLOBANT 35.11 ▲ 7.57% TECNOGLASS 47.22 ▲ 4.05% GAP AIRPORT 217.50 ▲ 0.57% ASUR 271.18 ▲ 0.97% OMA AIRPORT 108.27 ▲ 3.31% AMX ADR 25.73 ▲ 0.10% FEMSA ADR 127.73 ▼ 3.34% CEMEX ADR 12.00 ▼ 1.64% PETROBRAS ADR 18.07 ▲ 0.39% VALE ADR 14.70 ▼ 0.54% ITAU ADR 8.31 ▼ 0.72% SANTANDER BR 5.48 ▲ 0.74% AMBEV ADR 3.13 ▲ 1.95% CSN 1.10 ▼ 1.79% GERDAU 4.93 ▲ 2.13% LATAM ADR 53.59 ▲ 2.44% BTC 64,252 ▲ 0.60% ETH 1,903 ▼ 0.89% SOL 73.44 ▼ 0.35% XRP 1.08 ▲ 0.93% BNB 568.34 ▼ 0.38% ADA 0.16 ▲ 1.12% DOGE 0.07 ▼ 0.41% AVAX 6.38 ▼ 2.81% LINK 8.35 ▼ 0.91% DOT 0.76 ▼ 0.38% LTC 45.20 ▼ 2.03% BCH 211.68 ▼ 1.11% TRX 0.33 ▲ 0.66% XLM 0.17 ▼ 0.23% HBAR 0.07 ▼ 0.40% NEAR 1.59 ▼ 3.84% ATOM 1.28 ▼ 1.81% AAVE 97.77 ▼ 2.94% SELIC 14.25% EMBRAER 88.86 ▲ 2.26% EMBRAER ADR 69.09 ▲ 1.62% JBS 13.93 ▲ 2.80% JBS BDR 70.57 ▲ 1.94% MBRF3 16.30 ▲ 2.58% MBRFY 3.15 ▲ 10.14% INTER 5.59 ▲ 0.54%
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Editorial Op-Ed

Editorial: The Learning Process

By · July 22, 2014 · 3 min read

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Editorial, by Stone Korshak

RIO DE JANEIRO, BRAZIL – As humanity constantly evolves, it passes through events and modifies behaviors, or the expectations of the events, in an effort to maximize results towards a better future. This is the learning process, and now that the World Cup is over, it’s time to review what happened and look forward.

Stone Korshak, Editor and Publisher of The Rio Times.
Stone Korshak, Editor and Publisher of The Rio Times.
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Of course not everyone experiences the results the same, or has the same goals, and so the world continues to turn. As a whole though, despite the predictions of many, the World Cup mega-event seemed to pass through the twelve host cities in relative success.

There we no infrastructure choke-holds, no stadium collapses (during the games), no mass protests to steal the headlines of football (soccer) pitch action, which the experts applauded as the best ever tournament (I guess because or goals scored, upsets and big individual plays.)

However many would argue not for Brazil, and not just because of their humiliating legacy of the worst ever semifinal match performance or utter disintegration in front of millions at the hands of the Germans. Brazil learned they can spend billions on stadiums soon to be forgotten, many of which opened in incomplete conditions, and reinforced a culture of overspending, under-delivering, and distracting the masses with the circus.

Well, now it’s over, it’s winter in Rio, and life is moving on. Most are licking their wounds and trying not to think too much about the 2016 Olympics, not yet. Businesses are getting back to business, and schools are getting back to school, many are actually in exams at the moment.

The issue of education is one of the main flashpoints in the 2013 protests that gripped the country after a seemingly innocuous bus fair hike. As millions took to the street the government was quick to come up with some promises, in particular a law passed last year by Congress earmarking 75 percent of petroleum royalties and fifty percent of all sub-salt layer oil royalties for education.

Social inequality has long been a stark characteristic of Brazil, and better education is one of the keys to helping move past the lip service of most politicians’ support for wealth distribution. While the current PT (Workers’ Party) government has had plenty of black-eyes from corruption scandals, they have also been strong proponents of the Bolsa Família program and according to the OECD, Brazil’s public investment in education increased steadily during the last decade.

The OECD report published in 2013 said that between 2000 and 2010, public spending on education as a percentage of GDP increased by 2.1 percentage points, from 3.5 percent in 2000 to 5.6 percent in 2010 (which at the time was well below the average for OECD countries of 6.3 percent). According to new reports four years later, currently Brazil allocates 6.4 percent of the country’s GDP to education.

Now, after years of debates in Congress, President Dilma Rousseff signed into law the country’s new ten-year National Educational Plan (PNE). Among the PNE’s goals are investments of ten percent of the country’s GDP in education by 2024. The new Education Minister (since February), Jose Henrique Paim, will certainly have his work cut out for him.

Although enrollment rates in early childhood education have increased between 2005 and 2011, pre-primary education is still too rare in Brazil. OECD reports 57 percent of four-year-olds were enrolled in early childhood programs in 2011, compared with an average for OECD countries of 85 percent.

Another area showing Brazil lagging is the enrollment rate of 15-19 year-olds, which has increased from 75 percent in 2007 to 77 percent in 2011, well below the average for OECD countries of of 84 percent. Of course it is not just the government’s responsibility to effect change, and hopefully culturally, with the help of NGO social programs – families will see the value of education and fight to get their kids in school.

Early education in Rio, Rio de Janeiro, Brazil, Brazil News
Il Sorriso provide pre-school education for children in Rocinha and encourage learning and literacy for all ages, image by Il Sorriso dei miel Bimbi.

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