IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL5.08▼ 0.30% USD/MXN17.39▼ 0.22% USD/CLP934.04▼ 0.05% USD/COP3,236▼ 1.01% USD/PEN3.39▲ 0.09% USD/ARS1,477▼ 0.30% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.73% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 1.10% BRENT 91.00 ▲ 2.00% WTI 84.23 ▲ 1.20% IRON ORE 161.91 — — COPPER 6.57 ▲ 4.22% GOLD 4,080 ▲ 1.74% SILVER 59.34 ▲ 4.47% SOY 1,222 ▼ 0.31% CORN 474.50 ▲ 5.56% WHEAT 673.25 ▼ 0.11% COFFEE 321.35 ▼ 3.90% SUGAR 14.91 ▲ 0.61% ORANGE JUICE 146.85 ▼ 0.37% COTTON 80.03 ▲ 3.44% COCOA 5,571 ▲ 0.92% BEEF 222.98 ▼ 1.57% CATTLE 344.90 ▼ 2.02% LITHIUM 69.30 ▲ 3.56% PETR4 41.53 ▲ 0.92% VALE3 72.43 ▲ 0.70% ITUB4 42.47 ▲ 0.40% BBDC4 18.49 ▲ 0.43% ABEV3 15.80 ▲ 0.06% BBAS3 20.66 ▲ 2.43% B3SA3 15.03 ▼ 1.51% WEGE3 42.65 ▼ 1.11% PRIO3 58.49 ▲ 1.39% SUZB3 41.87 ▼ 0.05% RENT3 36.74 ▼ 2.00% AZZA3 17.80 ▼ 2.04% CSAN3 3.79 ▼ 0.79% RAIZ4 0.28 ▲ 3.70% PCAR3 2.72 ▲ 4.62% GMAT3 3.81 ▼ 1.04% PSSA3 53.37 ▼ 1.53% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.64 ▲ 0.52% NATU3 8.70 ▲ 0.81% BRKM5 5.93 ▼ 0.17% RANI3 7.87 ▼ 1.50% CSNA3 5.11 ▲ 0.79% CMIN3 5.47 ▲ 1.48% USIM5 8.31 ▲ 1.84% GGBR4 23.68 ▲ 0.25% ENEV3 25.32 ▼ 1.29% CPFE3 46.31 ▼ 0.02% CMIG4 11.01 ▼ 0.09% EQTL3 38.52 ▼ 1.96% LREN3 13.20 ▼ 0.83% VIVT3 35.48 ▼ 0.53% RAIL3 13.32 ▼ 1.84% KLABIN 17.50 ▲ 0.11% RAIA DROGASIL 18.50 ▼ 1.02% RDOR3 33.39 ▼ 5.81% HAPV3 11.34 ▼ 1.82% FLRY3 16.38 ▼ 1.09% SMTO3 15.43 ▲ 0.13% UGPA3 31.48 ▼ 0.69% VBBR3 33.48 ▼ 1.85% BBSE3 41.06 ▲ 0.02% BPAC11 55.52 ▼ 0.57% CURY3 29.55 ▼ 2.12% AERI3 2.06 ▼ 0.48% VIVARA 21.42 ▼ 2.46% COMPASS 24.32 ▼ 1.14% VAMOS 3.12 ▲ 0.97% SANB11 27.44 ▲ 1.59% ASAI3 8.20 ▲ 0.74% SBSP3 28.53 ▼ 1.55% WALMEX 49.37 ▼ 0.02% GMEXICO 206.13 ▲ 2.64% FEMSA 228.04 ▲ 0.47% CEMEX 22.03 ▲ 0.69% GFNORTE 184.39 ▲ 2.44% BIMBO 59.52 ▲ 0.03% TELEVISA 9.82 ▲ 1.13% AMX 22.71 ▼ 0.13% GAP 377.95 ▼ 0.06% ASUR 273.04 ▼ 0.48% OMA 225.38 ▼ 0.47% KOF 181.46 ▲ 0.36% GRUMA 286.29 ▼ 0.46% KIMBER 38.11 ▼ 0.73% SQM-B 64,690 ▲ 2.49% COPEC 6,374 ▲ 2.81% BSANTANDER 78.93 ▲ 3.73% FALABELLA 5,881 ▲ 0.10% ENELAM 84.90 ▲ 0.94% CENCOSUD 2,024 ▲ 1.46% CMPC 1,082 ▲ 1.49% BANCO CHILE 189.94 ▲ 1.85% LATAM AIR 24.48 ▲ 0.29% YPF 80,600 ▲ 1.77% GGAL 7,995 ▲ 1.91% PAMPA 5,455 ▲ 3.51% TXAR 665.00 ▼ 0.82% ALUAR 970.50 ▲ 1.15% TGS 9,585 ▲ 0.89% CEPU 2,332 ▲ 1.88% MIRGOR 16,850 ▼ 1.61% COME 43.17 ▲ 0.51% LOMA NEGRA 3,640 ▲ 1.89% BYMA 293.75 — 0.00% TELECOM ARG 4,213 ▲ 1.63% ECOPETROL 16.57 ▲ 3.37% BANCOLOMBIA 82.65 ▲ 2.26% GRUPO AVAL 4.97 ▲ 0.40% CREDICORP 394.52 ▲ 1.98% SOUTHERN COPPER 185.12 ▲ 5.74% BUENAVENTURA 31.20 ▲ 3.79% MERCADOLIBRE 1,813 ▼ 1.06% NUBANK 14.24 ▲ 1.75% XP 16.67 ▼ 0.80% PAGSEGURO 9.52 ▲ 2.49% STONE 11.25 ▲ 1.17% GLOBANT 32.11 ▼ 0.56% TECNOGLASS 45.69 ▼ 0.91% GAP AIRPORT 217.72 ▲ 0.28% ASUR 273.04 ▼ 0.48% OMA AIRPORT 103.98 ▼ 0.03% AMX ADR 26.07 ▼ 0.11% FEMSA ADR 131.18 ▲ 0.90% CEMEX ADR 12.69 ▲ 1.56% PETROBRAS ADR 18.41 ▲ 1.18% VALE ADR 14.24 ▲ 0.96% ITAU ADR 8.37 ▲ 0.60% SANTANDER BR 5.43 ▲ 1.12% AMBEV ADR 3.09 ▲ 0.38% CSN 1.02 ▲ 0.50% GERDAU 4.70 ▲ 0.32% LATAM ADR 52.52 ▲ 1.50% BTC 66,528 ▲ 1.99% ETH 1,924 ▲ 1.04% SOL 78.04 ▲ 0.32% XRP 1.15 ▲ 3.35% BNB 574.18 ▲ 0.60% ADA 0.17 ▲ 2.07% DOGE 0.07 ▲ 1.62% AVAX 6.63 ▲ 0.82% LINK 8.67 ▲ 0.97% DOT 0.85 ▲ 3.25% LTC 47.57 ▲ 0.49% BCH 225.13 ▲ 2.38% TRX 0.33 ▲ 0.63% XLM 0.19 ▲ 2.53% HBAR 0.07 ▲ 2.74% NEAR 1.94 ▼ 1.95% ATOM 1.49 ▼ 0.20% AAVE 95.95 ▲ 6.88% SELIC 14.25% EMBRAER 83.34 ▲ 0.06% EMBRAER ADR 65.71 ▼ 0.33% JBS 11.85 ▼ 1.54% JBS BDR 60.00 ▼ 1.30% MBRF3 15.17 ▲ 4.48% MBRFY 2.99 ▲ 2.75% INTER 5.55 ▼ 1.25% EGX 53,990 ▲ 1.63% USD/ZAR16.45▼ 0.50% USD/NGN1,376▼ 0.27% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY162.96▲ 0.29% USD/CNY6.76▼ 0.17% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD1.14▼ 0.02% GBP/USD1.34▼ 0.48% SPX 7,511 ▲ 0.91% DJI 52,320 ▲ 0.93% NDX 29,143 ▲ 1.88% RUT 2,977 ▲ 1.17% TSX 35,316 ▲ 1.02% VIX 17.14 ▼ 8.10% USD/CAD1.41▲ 0.21% US10Y 4.6260 ▲ 0.61% IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL 5.08 ▼ 0.30% USD/MXN 17.39 ▼ 0.22% USD/CLP 934.04 ▼ 0.05% USD/COP 3,236 ▼ 1.01% USD/PEN 3.39 ▲ 0.09% USD/ARS 1,477 ▼ 0.30% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.73% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 1.10% BRENT 91.00 ▲ 2.00% WTI 84.23 ▲ 1.20% IRON ORE 161.91 — — COPPER 6.57 ▲ 4.22% GOLD 4,080 ▲ 1.74% SILVER 59.34 ▲ 4.47% SOY 1,222 ▼ 0.31% CORN 474.50 ▲ 5.56% WHEAT 673.25 ▼ 0.11% COFFEE 321.35 ▼ 3.90% SUGAR 14.91 ▲ 0.61% ORANGE JUICE 146.85 ▼ 0.37% COTTON 80.03 ▲ 3.44% COCOA 5,571 ▲ 0.92% BEEF 222.98 ▼ 1.57% CATTLE 344.90 ▼ 2.02% LITHIUM 69.30 ▲ 3.56% PETR4 41.53 ▲ 0.92% VALE3 72.43 ▲ 0.70% ITUB4 42.47 ▲ 0.40% BBDC4 18.49 ▲ 0.43% ABEV3 15.80 ▲ 0.06% BBAS3 20.66 ▲ 2.43% B3SA3 15.03 ▼ 1.51% WEGE3 42.65 ▼ 1.11% PRIO3 58.49 ▲ 1.39% SUZB3 41.87 ▼ 0.05% RENT3 36.74 ▼ 2.00% AZZA3 17.80 ▼ 2.04% CSAN3 3.79 ▼ 0.79% RAIZ4 0.28 ▲ 3.70% PCAR3 2.72 ▲ 4.62% GMAT3 3.81 ▼ 1.04% PSSA3 53.37 ▼ 1.53% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.64 ▲ 0.52% NATU3 8.70 ▲ 0.81% BRKM5 5.93 ▼ 0.17% RANI3 7.87 ▼ 1.50% CSNA3 5.11 ▲ 0.79% CMIN3 5.47 ▲ 1.48% USIM5 8.31 ▲ 1.84% GGBR4 23.68 ▲ 0.25% ENEV3 25.32 ▼ 1.29% CPFE3 46.31 ▼ 0.02% CMIG4 11.01 ▼ 0.09% EQTL3 38.52 ▼ 1.96% LREN3 13.20 ▼ 0.83% VIVT3 35.48 ▼ 0.53% RAIL3 13.32 ▼ 1.84% KLABIN 17.50 ▲ 0.11% RAIA DROGASIL 18.50 ▼ 1.02% RDOR3 33.39 ▼ 5.81% HAPV3 11.34 ▼ 1.82% FLRY3 16.38 ▼ 1.09% SMTO3 15.43 ▲ 0.13% UGPA3 31.48 ▼ 0.69% VBBR3 33.48 ▼ 1.85% BBSE3 41.06 ▲ 0.02% BPAC11 55.52 ▼ 0.57% CURY3 29.55 ▼ 2.12% AERI3 2.06 ▼ 0.48% VIVARA 21.42 ▼ 2.46% COMPASS 24.32 ▼ 1.14% VAMOS 3.12 ▲ 0.97% SANB11 27.44 ▲ 1.59% ASAI3 8.20 ▲ 0.74% SBSP3 28.53 ▼ 1.55% WALMEX 49.37 ▼ 0.02% GMEXICO 206.13 ▲ 2.64% FEMSA 228.04 ▲ 0.47% CEMEX 22.03 ▲ 0.69% GFNORTE 184.39 ▲ 2.44% BIMBO 59.52 ▲ 0.03% TELEVISA 9.82 ▲ 1.13% AMX 22.71 ▼ 0.13% GAP 377.95 ▼ 0.06% ASUR 273.04 ▼ 0.48% OMA 225.38 ▼ 0.47% KOF 181.46 ▲ 0.36% GRUMA 286.29 ▼ 0.46% KIMBER 38.11 ▼ 0.73% SQM-B 64,690 ▲ 2.49% COPEC 6,374 ▲ 2.81% BSANTANDER 78.93 ▲ 3.73% FALABELLA 5,881 ▲ 0.10% ENELAM 84.90 ▲ 0.94% CENCOSUD 2,024 ▲ 1.46% CMPC 1,082 ▲ 1.49% BANCO CHILE 189.94 ▲ 1.85% LATAM AIR 24.48 ▲ 0.29% YPF 80,600 ▲ 1.77% GGAL 7,995 ▲ 1.91% PAMPA 5,455 ▲ 3.51% TXAR 665.00 ▼ 0.82% ALUAR 970.50 ▲ 1.15% TGS 9,585 ▲ 0.89% CEPU 2,332 ▲ 1.88% MIRGOR 16,850 ▼ 1.61% COME 43.17 ▲ 0.51% LOMA NEGRA 3,640 ▲ 1.89% BYMA 293.75 — 0.00% TELECOM ARG 4,213 ▲ 1.63% ECOPETROL 16.57 ▲ 3.37% BANCOLOMBIA 82.65 ▲ 2.26% GRUPO AVAL 4.97 ▲ 0.40% CREDICORP 394.52 ▲ 1.98% SOUTHERN COPPER 185.12 ▲ 5.74% BUENAVENTURA 31.20 ▲ 3.79% MERCADOLIBRE 1,813 ▼ 1.06% NUBANK 14.24 ▲ 1.75% XP 16.67 ▼ 0.80% PAGSEGURO 9.52 ▲ 2.49% STONE 11.25 ▲ 1.17% GLOBANT 32.11 ▼ 0.56% TECNOGLASS 45.69 ▼ 0.91% GAP AIRPORT 217.72 ▲ 0.28% ASUR 273.04 ▼ 0.48% OMA AIRPORT 103.98 ▼ 0.03% AMX ADR 26.07 ▼ 0.11% FEMSA ADR 131.18 ▲ 0.90% CEMEX ADR 12.69 ▲ 1.56% PETROBRAS ADR 18.41 ▲ 1.18% VALE ADR 14.24 ▲ 0.96% ITAU ADR 8.37 ▲ 0.60% SANTANDER BR 5.43 ▲ 1.12% AMBEV ADR 3.09 ▲ 0.38% CSN 1.02 ▲ 0.50% GERDAU 4.70 ▲ 0.32% LATAM ADR 52.52 ▲ 1.50% BTC 66,528 ▲ 1.99% ETH 1,924 ▲ 1.04% SOL 78.04 ▲ 0.32% XRP 1.15 ▲ 3.35% BNB 574.18 ▲ 0.60% ADA 0.17 ▲ 2.07% DOGE 0.07 ▲ 1.62% AVAX 6.63 ▲ 0.82% LINK 8.67 ▲ 0.97% DOT 0.85 ▲ 3.25% LTC 47.57 ▲ 0.49% BCH 225.13 ▲ 2.38% TRX 0.33 ▲ 0.63% XLM 0.19 ▲ 2.53% HBAR 0.07 ▲ 2.74% NEAR 1.94 ▼ 1.95% ATOM 1.49 ▼ 0.20% AAVE 95.95 ▲ 6.88% SELIC 14.25% EMBRAER 83.34 ▲ 0.06% EMBRAER ADR 65.71 ▼ 0.33% JBS 11.85 ▼ 1.54% JBS BDR 60.00 ▼ 1.30% MBRF3 15.17 ▲ 4.48% MBRFY 2.99 ▲ 2.75% INTER 5.55 ▼ 1.25% EGX 53,990 ▲ 1.63% USD/ZAR 16.45 ▼ 0.26% USD/NGN 1,376 ▲ 0.02% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 163.00 ▲ 0.33% USD/CNY 6.7550 ▼ 0.04% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD 1.1412 ▼ 0.02% GBP/USD 1.3373 ▼ 0.39% SPX 7,511 ▲ 0.91% DJI 52,320 ▲ 0.93% NDX 29,143 ▲ 1.88% RUT 2,977 ▲ 1.17% TSX 35,316 ▲ 1.02% VIX 17.14 ▼ 8.10% USD/CAD 1.4098 ▲ 0.14% US10Y 4.6260 ▲ 0.61%
since 2009
Tuesday, July 21, 2026

Opinion: Rio’s Mayor’s First 100 Days

By · April 10, 2017 · 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.

Opinion, by Michael Royster

RIO DE JANEIRO, BRAZIL – Today marks 100 days since Mayor Crivella was sworn in as Mayor of the City of Rio. This traditional milestone usually precipitates articles asking “what’s he done?” or “what hasn’t he done?” The answer to both questions seems to be “not much”.

Michael Royster, aka The Curmudgeon.
Michael Royster, aka The Curmudgeon.
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
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

He did begin talks with the State government about having the municipal guards join forces with the state police. The problem is that law enforcement, meaning crime fighting, is the exclusive province of the state government, not the municipal government; municipal guards are not permitted to carry firearms.

As a result, the guards are mostly involved with trying (unsuccessfully) to reduce the amount of street sellers (camelôs) pushing their wares on public spaces. Almost all of those wares are sold off books, and much of it arrives on the street as a result of contraband or other illicit activities.

The Mayor knows, however, that the City of Rio’s economy is in trouble, because the State of Rio is bankrupt, and lots of employers during the Olympics have now laid off their workers. Unemployed workers now hit the streets to sell shoddy merchandise, as a means to keep themselves and their families solvent. So what Crivella did was tell the guards not to do their main job.

Upon election, the Mayor said he wasn’t going to be doing any new public works, just completing those that are urgent. Many of the most important (the BRT and the cable car over Morro da Providência) are still awaiting getting restarted, because the city needs funding from private sources. That’s a “not done”.

The Mayor’s biggest headlines came during Carnival, at which he was not present. An evangelist bishop and former missionary, Crivella knows that many of his followers (and voters) believe Carnival is the glorification of sin. He also knows that Carnival is controlled by the leaders of Rio’s powerful numbers racket, the “jogo do bicho”. So, he pointedly stayed away, saying he had work to do.

Commentators claimed, with some justice, that Carnival in Rio is not just about sin and crime, but rather about Brazilian cultural history, and specifically the efforts of non-white poor people to insert some enjoyment into their lives, in the face of the outrageous economic and social inequalities they suffer from. For that reason, Carnival supporters claimed, the Mayor should have honored Carnival with his presence. He did not do that.

The second biggest headline subject has been about appointments. One was Crivella’s son, whom he named his chief of staff — that was suspended by the STF, because nepotism is prohibited by law. The other involved his Secretary of Urban Transports, who appointed unqualified outsiders to be his principal aides. Both have subsequently resigned, and Rio’s urban transportation continues dismal. Those are things he tried to do but didn’t.

All this inaction was eminently predictable. Crivella ran as an outsider, as someone who did not and would not rely upon the existing political structure, which was suspected of being corrupt. He has maintained that outlier profile during his first 100 days, but it remains to be seen whether he will be able to accomplish anything significant during his four-year mandate if he does not come back into the fold.

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.