IBOV 172,179.93 ▼ 0.19% IPSA 11,268.86 ▲ 0.11% IPC MEX 66,438.58 ▼ 0.75% MERVAL 3,122,064 — 0.00% COLCAP 2,372.50 ▲ 0.94% BVL PERÚ 59,581.33 ▲ 0.19% USD/BRL5.11▲ 0.08% USD/MXN17.12▼ 0.09% USD/CLP913.77▼ 0.38% USD/COP3,139▼ 0.55% USD/PEN3.38▼ 0.04% USD/ARS1,498▼ 0.05% USD/UYU40.25▼ 0.06% USD/PYG5,922▲ 0.04% USD/BOB11.80▲ 0.17% USD/DOP58.10▲ 1.03% USD/CRC447.88▼ 0.54% USD/GTQ7.62▼ 0.06% USD/HNL26.78▼ 0.01% USD/NIO36.62▲ 1.01% USD/VES759.31▲ 0.36% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.29▼ 0.02% USD/TTD6.68▼ 0.82% EUR/BRL5.90▲ 0.54% BRENT 89.21 ▲ 1.70% WTI 83.67 ▲ 1.88% IRON ORE 161.91 — — COPPER 6.68 ▲ 1.25% GOLD 4,436 ▲ 1.71% SILVER 65.20 ▲ 0.14% SOY 1,181 ▲ 1.99% CORN 463.75 ▲ 5.82% WHEAT 646.75 ▲ 0.98% COFFEE 321.70 ▼ 3.19% SUGAR 16.59 ▲ 0.73% ORANGE JUICE 144.30 ▲ 1.23% COTTON 84.25 ▲ 1.85% COCOA 5,837 ▲ 0.27% BEEF 226.70 ▼ 2.16% CATTLE 344.38 ▼ 2.07% LITHIUM 74.74 ▲ 0.99% PETR4 42.23 ▲ 3.33% VALE3 75.93 ▲ 1.28% ITUB4 40.42 ▼ 0.81% BBDC4 17.18 ▼ 0.75% ABEV3 15.27 ▼ 1.36% BBAS3 20.03 ▼ 0.15% B3SA3 14.67 ▼ 1.87% WEGE3 47.63 ▼ 1.02% PRIO3 61.24 ▲ 6.60% SUZB3 41.29 ▼ 0.98% RENT3 36.30 ▼ 4.02% AZZA3 16.75 ▼ 1.53% CSAN3 3.45 ▼ 5.99% RAIZ4 0.25 ▼ 3.85% PCAR3 2.84 ▼ 2.74% GMAT3 3.68 ▼ 1.34% PSSA3 49.70 ▼ 1.43% CVCB3 1.42 ▼ 6.58% POSI3 3.50 ▼ 0.85% SLCE3 13.37 ▲ 1.13% NATU3 8.08 ▼ 2.42% BRKM5 5.75 ▼ 3.20% RANI3 8.02 ▼ 2.50% CSNA3 4.46 ▼ 2.41% CMIN3 5.46 ▲ 0.18% USIM5 7.16 ▲ 0.14% GGBR4 25.25 ▲ 0.80% ENEV3 25.32 ▼ 3.29% CPFE3 44.40 ▼ 0.89% CMIG4 10.68 ▼ 2.20% EQTL3 36.77 ▼ 1.37% LREN3 12.12 ▼ 2.18% VIVT3 30.55 ▼ 0.10% RAIL3 13.22 ▼ 2.72% KLABIN 17.86 ▼ 0.83% RAIA DROGASIL 19.38 ▼ 4.15% RDOR3 33.97 ▲ 0.15% HAPV3 10.30 ▼ 4.36% FLRY3 18.82 ▼ 0.69% SMTO3 14.95 ▲ 1.22% UGPA3 31.00 ▼ 0.90% VBBR3 33.44 ▼ 2.31% BBSE3 38.23 ▼ 0.39% BPAC11 53.86 ▲ 1.37% CURY3 31.69 ▲ 1.05% AERI3 2.31 ▲ 0.87% VIVARA 21.64 ▲ 0.05% COMPASS 22.52 ▼ 1.36% VAMOS 2.91 ▼ 5.52% SANB11 29.25 ▼ 0.07% ASAI3 8.06 ▼ 2.18% SBSP3 26.55 ▼ 1.26% WALMEX 48.30 ▼ 2.37% GMEXICO 225.00 ▲ 0.09% FEMSA 205.60 ▼ 1.93% CEMEX 19.43 ▼ 0.56% GFNORTE 197.03 ▼ 1.38% BIMBO 61.52 ▲ 0.61% TELEVISA 10.01 ▲ 2.25% AMX 20.52 ▲ 0.44% GAP 370.28 ▼ 2.88% ASUR 274.62 ▼ 0.74% OMA 232.51 ▼ 1.55% KOF 186.29 ▼ 1.49% GRUMA 255.42 ▲ 0.20% KIMBER 40.38 ▼ 0.93% SQM-B 66,950 ▲ 1.76% COPEC 6,102 ▼ 0.21% BSANTANDER 81.80 ▲ 2.05% FALABELLA 6,439 ▼ 0.47% ENELAM 87.50 ▲ 0.11% CENCOSUD 2,050 — 0.00% CMPC 1,036 ▲ 0.54% BANCO CHILE 189.76 ▲ 0.59% LATAM AIR 24.79 ▼ 3.91% YPF 8,065 ▲ 3.73% GGAL 7,360 ▲ 0.62% PAMPA 5,240 — 0.00% TXAR 754.50 ▲ 5.45% ALUAR 951.50 ▲ 1.82% TGS 9,330 ▲ 2.13% CEPU 2,188 ▼ 0.91% MIRGOR 1,690 ▲ 3.68% COME 42.89 ▲ 3.82% LOMA NEGRA 3,260 ▼ 0.15% BYMA 286.75 ▼ 1.46% TELECOM ARG 4,520 ▲ 3.20% ECOPETROL 17.05 ▲ 1.61% BANCOLOMBIA 91.47 ▲ 2.95% GRUPO AVAL 5.28 ▲ 4.35% CREDICORP 382.21 ▼ 1.22% SOUTHERN COPPER 200.11 ▲ 0.53% BUENAVENTURA 34.61 ▲ 1.35% MERCADOLIBRE 1,824 ▲ 0.20% NUBANK 13.86 ▲ 0.14% XP 16.20 ▼ 0.25% PAGSEGURO 9.08 ▼ 0.66% STONE 10.37 ▼ 2.17% GLOBANT 38.58 ▲ 3.14% TECNOGLASS 41.43 ▼ 6.14% GAP AIRPORT 216.17 ▼ 2.93% ASUR 274.62 ▼ 0.74% OMA AIRPORT 108.53 ▼ 1.73% AMX ADR 23.89 ▲ 0.59% FEMSA ADR 119.92 — 0.00% CEMEX ADR 11.30 ▼ 0.26% PETROBRAS ADR 18.33 ▲ 2.06% VALE ADR 14.89 ▲ 1.22% ITAU ADR 7.88 ▼ 0.76% SANTANDER BR 5.76 ▼ 0.86% AMBEV ADR 2.94 ▼ 2.00% CSN 0.90 ▼ 3.05% GERDAU 4.96 — 0.00% LATAM ADR 53.74 ▼ 5.25% BTC 64,187 ▲ 0.43% ETH 1,886 ▲ 0.79% SOL 75.94 ▼ 0.01% XRP 1.01 ▼ 0.64% BNB 607.51 ▲ 1.47% ADA 0.19 ▼ 1.60% DOGE 0.07 ▲ 1.14% AVAX 6.50 ▲ 1.00% LINK 8.68 ▲ 4.72% DOT 0.80 ▼ 0.15% LTC 45.42 ▲ 0.69% BCH 214.46 ▲ 0.63% TRX 0.34 ▲ 1.77% XLM 0.16 ▼ 0.42% HBAR 0.07 ▼ 0.59% NEAR 1.60 ▼ 0.46% ATOM 1.42 ▲ 1.27% AAVE 89.01 ▼ 0.14% SELIC 14.00% EMBRAER 94.66 ▲ 2.31% EMBRAER ADR 73.80 ▲ 1.08% JBS 13.41 ▼ 5.76% JBS BDR 68.91 ▼ 4.41% MBRF3 15.94 ▼ 0.81% MBRFY 3.10 ▼ 0.64% INTER 5.35 ▲ 1.52% EGX 54,649 ▼ 0.41% USD/ZAR16.19▼ 0.06% USD/NGN 1,359 — 0.00% NIKKEI 66,970 ▲ 2.08% CSI300 4,664 ▼ 0.81% HSI 25,653 ▼ 1.10% NIFTY 24,472 ▼ 0.46% KOSPI 6,346 ▲ 0.73% JCI 6,268 ▼ 1.53% USD/JPY159.21▼ 0.06% USD/CNY6.73▼ 0.18% DAX 26,315 ▼ 0.03% CAC 8,713 ▼ 0.15% FTSE 10,869 ▲ 0.06% MIB 53,656 ▼ 0.01% IBEX 20,243 ▲ 0.35% STOXX 660.98 ▲ 0.08% EUR/USD1.15▼ 0.02% GBP/USD1.35▲ 0.05% SPX 7,753 ▼ 0.06% DJI 53,976 ▼ 0.11% NDX 29,622 ▼ 0.34% RUT 3,017 ▼ 0.56% TSX 36,458 ▲ 0.21% VIX 15.51 ▲ 0.32% USD/CAD1.39▼ 0.04% US10Y 4.6990 ▲ 0.84% IBOV 172,179.93 ▼ 0.19% IPSA 11,268.86 ▲ 0.11% IPC MEX 66,438.58 ▼ 0.75% MERVAL 3,122,064 — 0.00% COLCAP 2,372.50 ▲ 0.94% BVL PERÚ 59,581.33 ▲ 0.19% USD/BRL 5.11 ▲ 0.06% USD/MXN 17.13 ▼ 0.08% USD/CLP 916.37 ▼ 0.10% USD/COP 3,138 ▼ 0.57% USD/PEN 3.38 ▼ 0.01% USD/ARS 1,498 ▼ 0.01% USD/UYU 40.25 ▲ 1.59% USD/PYG 5,922 ▲ 1.83% USD/BOB 11.80 ▲ 0.17% USD/DOP 58.12 ▲ 1.06% USD/CRC 447.88 ▲ 1.53% USD/GTQ 7.62 ▲ 2.49% USD/HNL 26.78 ▲ 1.87% USD/NIO 36.62 ▲ 1.01% USD/VES 759.31 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.29 ▲ 0.33% USD/TTD 6.68 ▲ 0.71% EUR/BRL 5.90 ▲ 0.51% BRENT 89.21 ▲ 1.70% WTI 83.67 ▲ 1.88% IRON ORE 161.91 — — COPPER 6.68 ▲ 1.25% GOLD 4,436 ▲ 1.71% SILVER 65.20 ▲ 0.14% SOY 1,181 ▲ 1.99% CORN 463.75 ▲ 5.82% WHEAT 646.75 ▲ 0.98% COFFEE 321.70 ▼ 3.19% SUGAR 16.59 ▲ 0.73% ORANGE JUICE 144.30 ▲ 1.23% COTTON 84.25 ▲ 1.85% COCOA 5,837 ▲ 0.27% BEEF 226.70 ▼ 2.16% CATTLE 344.38 ▼ 2.07% LITHIUM 74.74 ▲ 0.99% PETR4 42.23 ▲ 3.33% VALE3 75.93 ▲ 1.28% ITUB4 40.42 ▼ 0.81% BBDC4 17.18 ▼ 0.75% ABEV3 15.27 ▼ 1.36% BBAS3 20.03 ▼ 0.15% B3SA3 14.67 ▼ 1.87% WEGE3 47.63 ▼ 1.02% PRIO3 61.24 ▲ 6.60% SUZB3 41.29 ▼ 0.98% RENT3 36.30 ▼ 4.02% AZZA3 16.75 ▼ 1.53% CSAN3 3.45 ▼ 5.99% RAIZ4 0.25 ▼ 3.85% PCAR3 2.84 ▼ 2.74% GMAT3 3.68 ▼ 1.34% PSSA3 49.70 ▼ 1.43% CVCB3 1.42 ▼ 6.58% POSI3 3.50 ▼ 0.85% SLCE3 13.37 ▲ 1.13% NATU3 8.08 ▼ 2.42% BRKM5 5.75 ▼ 3.20% RANI3 8.02 ▼ 2.50% CSNA3 4.46 ▼ 2.41% CMIN3 5.46 ▲ 0.18% USIM5 7.16 ▲ 0.14% GGBR4 25.25 ▲ 0.80% ENEV3 25.32 ▼ 3.29% CPFE3 44.40 ▼ 0.89% CMIG4 10.68 ▼ 2.20% EQTL3 36.77 ▼ 1.37% LREN3 12.12 ▼ 2.18% VIVT3 30.55 ▼ 0.10% RAIL3 13.22 ▼ 2.72% KLABIN 17.86 ▼ 0.83% RAIA DROGASIL 19.38 ▼ 4.15% RDOR3 33.97 ▲ 0.15% HAPV3 10.30 ▼ 4.36% FLRY3 18.82 ▼ 0.69% SMTO3 14.95 ▲ 1.22% UGPA3 31.00 ▼ 0.90% VBBR3 33.44 ▼ 2.31% BBSE3 38.23 ▼ 0.39% BPAC11 53.86 ▲ 1.37% CURY3 31.69 ▲ 1.05% AERI3 2.31 ▲ 0.87% VIVARA 21.64 ▲ 0.05% COMPASS 22.52 ▼ 1.36% VAMOS 2.91 ▼ 5.52% SANB11 29.25 ▼ 0.07% ASAI3 8.06 ▼ 2.18% SBSP3 26.55 ▼ 1.26% WALMEX 48.30 ▼ 2.37% GMEXICO 225.00 ▲ 0.09% FEMSA 205.60 ▼ 1.93% CEMEX 19.43 ▼ 0.56% GFNORTE 197.03 ▼ 1.38% BIMBO 61.52 ▲ 0.61% TELEVISA 10.01 ▲ 2.25% AMX 20.52 ▲ 0.44% GAP 370.28 ▼ 2.88% ASUR 274.62 ▼ 0.74% OMA 232.51 ▼ 1.55% KOF 186.29 ▼ 1.49% GRUMA 255.42 ▲ 0.20% KIMBER 40.38 ▼ 0.93% SQM-B 66,950 ▲ 1.76% COPEC 6,102 ▼ 0.21% BSANTANDER 81.80 ▲ 2.05% FALABELLA 6,439 ▼ 0.47% ENELAM 87.50 ▲ 0.11% CENCOSUD 2,050 — 0.00% CMPC 1,036 ▲ 0.54% BANCO CHILE 189.76 ▲ 0.59% LATAM AIR 24.79 ▼ 3.91% YPF 8,065 ▲ 3.73% GGAL 7,360 ▲ 0.62% PAMPA 5,240 — 0.00% TXAR 754.50 ▲ 5.45% ALUAR 951.50 ▲ 1.82% TGS 9,330 ▲ 2.13% CEPU 2,188 ▼ 0.91% MIRGOR 1,690 ▲ 3.68% COME 42.89 ▲ 3.82% LOMA NEGRA 3,260 ▼ 0.15% BYMA 286.75 ▼ 1.46% TELECOM ARG 4,520 ▲ 3.20% ECOPETROL 17.05 ▲ 1.61% BANCOLOMBIA 91.47 ▲ 2.95% GRUPO AVAL 5.28 ▲ 4.35% CREDICORP 382.21 ▼ 1.22% SOUTHERN COPPER 200.11 ▲ 0.53% BUENAVENTURA 34.61 ▲ 1.35% MERCADOLIBRE 1,824 ▲ 0.20% NUBANK 13.86 ▲ 0.14% XP 16.20 ▼ 0.25% PAGSEGURO 9.08 ▼ 0.66% STONE 10.37 ▼ 2.17% GLOBANT 38.58 ▲ 3.14% TECNOGLASS 41.43 ▼ 6.14% GAP AIRPORT 216.17 ▼ 2.93% ASUR 274.62 ▼ 0.74% OMA AIRPORT 108.53 ▼ 1.73% AMX ADR 23.89 ▲ 0.59% FEMSA ADR 119.92 — 0.00% CEMEX ADR 11.30 ▼ 0.26% PETROBRAS ADR 18.33 ▲ 2.06% VALE ADR 14.89 ▲ 1.22% ITAU ADR 7.88 ▼ 0.76% SANTANDER BR 5.76 ▼ 0.86% AMBEV ADR 2.94 ▼ 2.00% CSN 0.90 ▼ 3.05% GERDAU 4.96 — 0.00% LATAM ADR 53.74 ▼ 5.25% BTC 64,187 ▲ 0.43% ETH 1,886 ▲ 0.79% SOL 75.94 ▼ 0.01% XRP 1.01 ▼ 0.64% BNB 607.51 ▲ 1.47% ADA 0.19 ▼ 1.60% DOGE 0.07 ▲ 1.14% AVAX 6.50 ▲ 1.00% LINK 8.68 ▲ 4.72% DOT 0.80 ▼ 0.15% LTC 45.42 ▲ 0.69% BCH 214.46 ▲ 0.63% TRX 0.34 ▲ 1.77% XLM 0.16 ▼ 0.42% HBAR 0.07 ▼ 0.59% NEAR 1.60 ▼ 0.46% ATOM 1.42 ▲ 1.27% AAVE 89.01 ▼ 0.14% SELIC 14.00% EMBRAER 94.66 ▲ 2.31% EMBRAER ADR 73.80 ▲ 1.08% JBS 13.41 ▼ 5.76% JBS BDR 68.91 ▼ 4.41% MBRF3 15.94 ▼ 0.81% MBRFY 3.10 ▼ 0.64% INTER 5.35 ▲ 1.52% EGX 54,649 ▼ 0.41% USD/ZAR 16.20 ▲ 0.03% USD/NGN 1,359 — 0.00% NIKKEI 66,970 ▲ 2.08% CSI300 4,664 ▼ 0.81% HSI 25,653 ▼ 1.10% NIFTY 24,472 ▼ 0.46% KOSPI 6,346 ▲ 0.73% JCI 6,268 ▼ 1.53% USD/JPY 159.14 ▼ 0.05% USD/CNY 6.7334 ▼ 0.06% DAX 26,315 ▼ 0.03% CAC 8,713 ▼ 0.15% FTSE 10,869 ▲ 0.06% MIB 53,656 ▼ 0.01% IBEX 20,243 ▲ 0.35% STOXX 660.98 ▲ 0.08% EUR/USD 1.1542 ▼ 0.03% GBP/USD 1.3503 ▼ 0.03% SPX 7,753 ▼ 0.06% DJI 53,976 ▼ 0.11% NDX 29,622 ▼ 0.34% RUT 3,017 ▼ 0.56% TSX 36,458 ▲ 0.21% VIX 15.51 ▲ 0.32% USD/CAD 1.3932 ▼ 0.01% US10Y 4.6990 ▲ 0.84%
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Tuesday, August 11, 2026

One More Week

By · March 1, 2011 · 3 min read

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Editorial

RIO DE JANEIRO, BRAZIL – One more week! The glory of the worlds biggest party on earth is now in the zenith of excitement as the official Carnival weekend dates approach. The blocos have been in epic form, and the preparations for the Sambódromo show on Sapucaí are in their eleventh hour.

Stone Korshak, Editor and Publisher of The Rio Times.
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It looks as if there may be some changes in the future for the blocos, the public (and free) street parties that have recently grown with fervor and frequency in correlation to the cost and pageantry of the Sambódromo parades.

There were reportedly 500,000 people jammed into Ipanema on Sunday for the famous Preta Gil bloco. The energy is infectious, but at my age, it soon becomes uncomfortable, the sense of chaos and bad judgment escalates as you look at the faces (the median age of perhaps 19-years-old) get increasingly belligerent.

Granted, the purely festive and almost entirely positive attitude is an amazing cultural statement, everyone is there to have a good time. Public gatherings of this size anywhere else in the world would be either alcohol free and/or topple governments.

The year has not passed without tragedy though, a 21-year-old girl died on February 20th after making contact with an overhanging electric wire and falling thirteen feet from a Carnival sound truck in front of Copacabana beach, striking her head on the pavement.

Over this last weekend it was reported at least sixteen people were electrocuted when a power line fell atop a bloco in a small town in Minas Gerais. It seems as though with this, Rio and Brazil will make some changes to tighten up public safety (along with smoking in bars and drunk driving).

But Carnival feels so ingrained in Brazilian’s hearts it is hard to imagine it being any less exciting. After-all it is the last chance for merry-making before beginning abstinence during the forty days of Lent (Brazil being almost 75 percent Catholic, and 15 percent Protestant).

On a quick historical tangent, Carnival is generally considered to have started in 1723 when settlers from the Portuguese Islands brought the Entrudo, a street game of water, mud, and food slinging, which everyone in the city got mixed up in.

In 1840, masquerade balls started, where people danced to polka and waltzes. Street parades became part of the festivities about ten years later, leading to Samba becoming ingrained with Carnival by 1917.

In 1928, the Samba schools emerged as part of the Carnival culture and quickly began to shape the parading on the streets of Rio. As the popularity and competition between schools increased, the Sambódromo was eventually built in 1984 to house event, which continues to grow exponentially in splendor and extravagance. Current estimates are that 750,000 tourists come to Rio each year for Carnival.

The blocos never went away, but they did not explode to the scale of their current popularity until as recently as 2004, where some draw crowds in the hundreds of thousands. The attempts to start regulating the blocos has perhaps reduced the number of authorized events, but it has also increased the size of those that are sanctioned.

One more week…

Half a million people overran Ipanama for the Preta Gil bloco
Half a million people overran Ipanama for the Preta Gil bloco on Sunday, photo by Marizilda Cruppe (courtesy of O Globo).

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