IBOV 174,992.43 ▼ 0.89% IPSA 10,879.65 ▼ 0.77% IPC MEX 67,304.62 ▲ 0.18% MERVAL 3,247,270 ▼ 0.28% COLCAP 2,299.02 ▼ 0.10% BVL PERÚ 57,237.60 — — USD/BRL5.13▲ 0.16% USD/MXN17.52▲ 0.51% USD/CLP934.22▲ 0.36% USD/COP3,201▼ 0.10% USD/PEN3.41▲ 0.10% USD/ARS1,497▼ 0.22% USD/UYU40.21▲ 1.46% USD/PYG5,987▲ 0.90% USD/BOB11.70▲ 5.59% USD/DOP58.01▲ 0.02% USD/CRC449.99▲ 1.61% USD/GTQ7.62▲ 2.26% USD/HNL26.76▲ 0.79% USD/NIO36.62▲ 0.31% USD/VES742.37▲ 0.07% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.29▲ 0.41% USD/TTD6.75▲ 1.28% EUR/BRL5.84▲ 0.21% BRENT 90.72 ▲ 7.88% WTI 85.00 ▲ 7.24% IRON ORE 161.91 — — COPPER 6.30 ▼ 0.37% GOLD 4,070 ▲ 0.84% SILVER 57.26 ▼ 0.07% SOY 1,193 ▼ 1.55% CORN 474.00 ▲ 3.38% WHEAT 663.75 ▲ 0.19% COFFEE 328.85 ▼ 3.11% SUGAR 14.56 ▲ 0.07% ORANGE JUICE 139.20 ▲ 1.72% COTTON 79.38 ▲ 0.21% COCOA 5,169 ▼ 0.62% BEEF 224.58 ▼ 1.27% CATTLE 340.00 ▼ 0.90% LITHIUM 66.25 ▼ 1.07% PETR4 42.32 ▲ 2.69% VALE3 74.81 ▼ 1.16% ITUB4 42.09 ▼ 1.80% BBDC4 18.40 ▼ 1.97% ABEV3 16.15 ▲ 0.31% BBAS3 20.79 ▼ 0.19% B3SA3 15.51 ▼ 3.06% WEGE3 46.08 ▼ 1.33% PRIO3 58.27 ▲ 2.64% SUZB3 42.79 ▼ 0.72% RENT3 37.26 ▼ 2.89% AZZA3 16.75 ▼ 2.33% CSAN3 3.92 ▼ 2.00% RAIZ4 0.26 ▼ 3.70% PCAR3 2.73 ▼ 0.37% GMAT3 3.90 ▼ 0.51% PSSA3 54.34 ▼ 1.04% CVCB3 1.27 ▼ 3.79% POSI3 3.56 ▼ 1.11% SLCE3 13.08 ▼ 0.61% NATU3 8.34 — 0.00% BRKM5 6.05 ▲ 1.51% RANI3 8.02 ▼ 1.35% CSNA3 5.23 ▼ 7.27% CMIN3 5.79 ▼ 2.85% USIM5 8.23 ▼ 5.29% GGBR4 24.79 ▼ 1.39% ENEV3 25.91 ▲ 0.23% CPFE3 45.62 ▼ 0.74% CMIG4 11.16 ▼ 0.27% EQTL3 37.99 ▼ 2.16% LREN3 13.44 ▼ 3.31% VIVT3 32.81 ▼ 3.02% RAIL3 13.99 ▼ 0.64% KLABIN 18.01 ▼ 0.17% RAIA DROGASIL 17.85 ▼ 1.92% RDOR3 33.63 ▼ 2.01% HAPV3 10.45 ▼ 1.42% FLRY3 16.86 ▼ 1.17% SMTO3 14.25 ▼ 0.35% UGPA3 32.33 ▼ 0.37% VBBR3 35.15 ▲ 0.06% BBSE3 41.39 ▲ 0.44% BPAC11 55.07 ▼ 1.38% CURY3 29.05 ▼ 3.49% AERI3 2.08 ▼ 0.48% VIVARA 22.29 ▼ 1.42% COMPASS 24.75 ▼ 1.86% VAMOS 3.27 ▼ 1.80% SANB11 25.84 ▼ 6.61% ASAI3 8.34 ▲ 1.21% SBSP3 27.45 ▼ 2.90% WALMEX 49.36 ▲ 1.21% GMEXICO 203.96 ▼ 2.84% FEMSA 217.04 ▼ 2.64% CEMEX 20.68 ▼ 1.29% GFNORTE 195.87 ▼ 1.88% BIMBO 59.47 ▼ 0.72% TELEVISA 9.73 ▼ 1.02% AMX 21.94 ▼ 2.49% GAP 382.30 ▲ 1.21% ASUR 274.39 ▲ 1.18% OMA 237.59 ▲ 1.12% KOF 191.47 ▲ 0.87% GRUMA 267.24 ▼ 0.26% KIMBER 40.51 ▼ 0.37% SQM-B 63,184 ▲ 1.09% COPEC 6,400 ▲ 1.59% BSANTANDER 80.63 ▲ 1.91% FALABELLA 6,201 ▲ 1.64% ENELAM 86.20 ▲ 0.47% CENCOSUD 1,940 ▲ 2.12% CMPC 1,060 ▲ 2.42% BANCO CHILE 191.48 ▲ 1.26% LATAM AIR 24.45 ▼ 2.20% YPF 80,575 ▲ 1.32% GGAL 7,740 ▼ 1.46% PAMPA 5,410 ▼ 0.73% TXAR 664.50 ▼ 0.67% ALUAR 983.00 ▼ 0.51% TGS 9,480 ▲ 0.16% CEPU 2,308 ▼ 1.16% MIRGOR 16,500 ▼ 0.15% COME 42.30 ▼ 0.52% LOMA NEGRA 3,598 ▼ 1.30% BYMA 300.75 ▲ 0.17% TELECOM ARG 4,330 ▼ 0.12% ECOPETROL 16.33 ▲ 3.16% BANCOLOMBIA 89.31 ▲ 0.27% GRUPO AVAL 4.93 ▲ 0.92% CREDICORP 383.05 ▼ 1.52% SOUTHERN COPPER 172.45 ▼ 3.64% BUENAVENTURA 29.42 ▼ 3.15% MERCADOLIBRE 1,860 ▼ 0.11% NUBANK 14.22 ▼ 3.13% XP 16.26 ▼ 3.24% PAGSEGURO 9.58 ▼ 0.31% STONE 10.89 ▼ 2.46% GLOBANT 38.43 ▲ 9.46% TECNOGLASS 44.76 ▼ 5.22% GAP AIRPORT 218.49 ▲ 0.46% ASUR 274.39 ▲ 1.18% OMA AIRPORT 108.32 ▲ 0.04% AMX ADR 24.94 ▼ 2.99% FEMSA ADR 123.73 ▼ 3.13% CEMEX ADR 11.72 ▼ 2.38% PETROBRAS ADR 18.65 ▲ 3.21% VALE ADR 14.54 ▼ 1.10% ITAU ADR 8.18 ▼ 1.62% SANTANDER BR 5.12 ▼ 6.57% AMBEV ADR 3.12 ▼ 0.32% CSN 1.05 ▼ 4.65% GERDAU 4.86 ▼ 1.92% LATAM ADR 52.23 ▼ 2.43% BTC 63,894 ▲ 0.03% ETH 1,890 ▼ 1.57% SOL 73.00 ▼ 0.95% XRP 1.07 ▼ 0.12% BNB 567.51 ▼ 0.52% ADA 0.16 ▲ 0.69% DOGE 0.07 ▼ 1.06% AVAX 6.37 ▼ 2.96% LINK 8.27 ▼ 1.89% DOT 0.76 ▼ 0.38% LTC 44.96 ▼ 2.55% BCH 210.29 ▼ 1.76% TRX 0.33 ▲ 0.45% XLM 0.17 ▼ 1.18% HBAR 0.07 ▼ 0.96% NEAR 1.58 ▼ 4.39% ATOM 1.27 ▼ 2.27% AAVE 98.70 ▼ 2.01% SELIC 14.25% EMBRAER 86.00 ▼ 3.22% EMBRAER ADR 66.99 ▼ 3.04% JBS 14.16 ▲ 1.65% JBS BDR 72.55 ▲ 2.81% MBRF3 16.59 ▲ 1.78% MBRFY 3.18 ▲ 0.95% INTER 5.45 ▼ 2.59% EGX 53,627 ▼ 0.19% USD/ZAR16.80▲ 0.62% USD/NGN1,363▼ 0.17% NIKKEI 61,434 ▼ 1.49% CSI300 4,600 ▲ 0.67% HSI 25,808 ▲ 1.96% NIFTY 24,250 ▲ 1.10% KOSPI 5,663 ▼ 5.98% JCI 6,091 ▼ 0.64% USD/JPY163.88▲ 0.02% USD/CNY6.76▼ 0.21% DAX 25,460 ▼ 0.01% CAC 8,408 ▼ 0.60% FTSE 10,908 ▲ 0.34% MIB 51,443 ▼ 0.49% IBEX 19,413 ▼ 1.59% STOXX 645.01 ▼ 0.29% EUR/USD1.14▼ 0.04% GBP/USD1.33▼ 0.03% SPX 7,363 ▼ 0.89% DJI 51,897 ▼ 1.61% NDX 27,393 ▼ 1.33% RUT 2,912 ▼ 1.40% TSX 35,369 ▼ 1.06% VIX 19.93 ▲ 9.45% USD/CAD1.41▼ 0.12% US10Y 4.6450 ▲ 0.89% IBOV 174,992.43 ▼ 0.89% IPSA 10,879.65 ▼ 0.77% IPC MEX 67,304.62 ▲ 0.18% MERVAL 3,247,270 ▼ 0.28% COLCAP 2,299.02 ▼ 0.10% BVL PERÚ 57,237.60 — — USD/BRL 5.13 ▲ 0.16% USD/MXN 17.52 ▲ 0.51% USD/CLP 934.22 ▲ 0.36% USD/COP 3,201 ▼ 0.10% USD/PEN 3.41 ▲ 0.10% USD/ARS 1,497 ▼ 0.22% USD/UYU 40.21 ▲ 1.46% USD/PYG 5,987 ▲ 0.90% USD/BOB 11.70 ▲ 5.59% USD/DOP 58.01 ▲ 0.02% USD/CRC 449.99 ▲ 1.61% USD/GTQ 7.62 ▲ 2.26% USD/HNL 26.76 ▲ 0.79% USD/NIO 36.62 ▲ 0.31% USD/VES 742.37 ▲ 0.07% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.29 ▲ 0.41% USD/TTD 6.75 ▲ 1.28% EUR/BRL 5.83 ▲ 0.17% BRENT 90.72 ▲ 7.88% WTI 85.00 ▲ 7.24% IRON ORE 161.91 — — COPPER 6.30 ▼ 0.37% GOLD 4,070 ▲ 0.84% SILVER 57.26 ▼ 0.07% SOY 1,193 ▼ 1.55% CORN 474.00 ▲ 3.38% WHEAT 663.75 ▲ 0.19% COFFEE 328.85 ▼ 3.11% SUGAR 14.56 ▲ 0.07% ORANGE JUICE 139.20 ▲ 1.72% COTTON 79.38 ▲ 0.21% COCOA 5,169 ▼ 0.62% BEEF 224.58 ▼ 1.27% CATTLE 340.00 ▼ 0.90% LITHIUM 66.25 ▼ 1.07% PETR4 42.32 ▲ 2.69% VALE3 74.81 ▼ 1.16% ITUB4 42.09 ▼ 1.80% BBDC4 18.40 ▼ 1.97% ABEV3 16.15 ▲ 0.31% BBAS3 20.79 ▼ 0.19% B3SA3 15.51 ▼ 3.06% WEGE3 46.08 ▼ 1.33% PRIO3 58.27 ▲ 2.64% SUZB3 42.79 ▼ 0.72% RENT3 37.26 ▼ 2.89% AZZA3 16.75 ▼ 2.33% CSAN3 3.92 ▼ 2.00% RAIZ4 0.26 ▼ 3.70% PCAR3 2.73 ▼ 0.37% GMAT3 3.90 ▼ 0.51% PSSA3 54.34 ▼ 1.04% CVCB3 1.27 ▼ 3.79% POSI3 3.56 ▼ 1.11% SLCE3 13.08 ▼ 0.61% NATU3 8.34 — 0.00% BRKM5 6.05 ▲ 1.51% RANI3 8.02 ▼ 1.35% CSNA3 5.23 ▼ 7.27% CMIN3 5.79 ▼ 2.85% USIM5 8.23 ▼ 5.29% GGBR4 24.79 ▼ 1.39% ENEV3 25.91 ▲ 0.23% CPFE3 45.62 ▼ 0.74% CMIG4 11.16 ▼ 0.27% EQTL3 37.99 ▼ 2.16% LREN3 13.44 ▼ 3.31% VIVT3 32.81 ▼ 3.02% RAIL3 13.99 ▼ 0.64% KLABIN 18.01 ▼ 0.17% RAIA DROGASIL 17.85 ▼ 1.92% RDOR3 33.63 ▼ 2.01% HAPV3 10.45 ▼ 1.42% FLRY3 16.86 ▼ 1.17% SMTO3 14.25 ▼ 0.35% UGPA3 32.33 ▼ 0.37% VBBR3 35.15 ▲ 0.06% BBSE3 41.39 ▲ 0.44% BPAC11 55.07 ▼ 1.38% CURY3 29.05 ▼ 3.49% AERI3 2.08 ▼ 0.48% VIVARA 22.29 ▼ 1.42% COMPASS 24.75 ▼ 1.86% VAMOS 3.27 ▼ 1.80% SANB11 25.84 ▼ 6.61% ASAI3 8.34 ▲ 1.21% SBSP3 27.45 ▼ 2.90% WALMEX 49.36 ▲ 1.21% GMEXICO 203.96 ▼ 2.84% FEMSA 217.04 ▼ 2.64% CEMEX 20.68 ▼ 1.29% GFNORTE 195.87 ▼ 1.88% BIMBO 59.47 ▼ 0.72% TELEVISA 9.73 ▼ 1.02% AMX 21.94 ▼ 2.49% GAP 382.30 ▲ 1.21% ASUR 274.39 ▲ 1.18% OMA 237.59 ▲ 1.12% KOF 191.47 ▲ 0.87% GRUMA 267.24 ▼ 0.26% KIMBER 40.51 ▼ 0.37% SQM-B 63,184 ▲ 1.09% COPEC 6,400 ▲ 1.59% BSANTANDER 80.63 ▲ 1.91% FALABELLA 6,201 ▲ 1.64% ENELAM 86.20 ▲ 0.47% CENCOSUD 1,940 ▲ 2.12% CMPC 1,060 ▲ 2.42% BANCO CHILE 191.48 ▲ 1.26% LATAM AIR 24.45 ▼ 2.20% YPF 80,575 ▲ 1.32% GGAL 7,740 ▼ 1.46% PAMPA 5,410 ▼ 0.73% TXAR 664.50 ▼ 0.67% ALUAR 983.00 ▼ 0.51% TGS 9,480 ▲ 0.16% CEPU 2,308 ▼ 1.16% MIRGOR 16,500 ▼ 0.15% COME 42.30 ▼ 0.52% LOMA NEGRA 3,598 ▼ 1.30% BYMA 300.75 ▲ 0.17% TELECOM ARG 4,330 ▼ 0.12% ECOPETROL 16.33 ▲ 3.16% BANCOLOMBIA 89.31 ▲ 0.27% GRUPO AVAL 4.93 ▲ 0.92% CREDICORP 383.05 ▼ 1.52% SOUTHERN COPPER 172.45 ▼ 3.64% BUENAVENTURA 29.42 ▼ 3.15% MERCADOLIBRE 1,860 ▼ 0.11% NUBANK 14.22 ▼ 3.13% XP 16.26 ▼ 3.24% PAGSEGURO 9.58 ▼ 0.31% STONE 10.89 ▼ 2.46% GLOBANT 38.43 ▲ 9.46% TECNOGLASS 44.76 ▼ 5.22% GAP AIRPORT 218.49 ▲ 0.46% ASUR 274.39 ▲ 1.18% OMA AIRPORT 108.32 ▲ 0.04% AMX ADR 24.94 ▼ 2.99% FEMSA ADR 123.73 ▼ 3.13% CEMEX ADR 11.72 ▼ 2.38% PETROBRAS ADR 18.65 ▲ 3.21% VALE ADR 14.54 ▼ 1.10% ITAU ADR 8.18 ▼ 1.62% SANTANDER BR 5.12 ▼ 6.57% AMBEV ADR 3.12 ▼ 0.32% CSN 1.05 ▼ 4.65% GERDAU 4.86 ▼ 1.92% LATAM ADR 52.23 ▼ 2.43% BTC 63,894 ▲ 0.03% ETH 1,890 ▼ 1.57% SOL 73.00 ▼ 0.95% XRP 1.07 ▼ 0.12% BNB 567.51 ▼ 0.52% ADA 0.16 ▲ 0.69% DOGE 0.07 ▼ 1.06% AVAX 6.37 ▼ 2.96% LINK 8.27 ▼ 1.89% DOT 0.76 ▼ 0.38% LTC 44.96 ▼ 2.55% BCH 210.29 ▼ 1.76% TRX 0.33 ▲ 0.45% XLM 0.17 ▼ 1.18% HBAR 0.07 ▼ 0.96% NEAR 1.58 ▼ 4.39% ATOM 1.27 ▼ 2.27% AAVE 98.70 ▼ 2.01% SELIC 14.25% EMBRAER 86.00 ▼ 3.22% EMBRAER ADR 66.99 ▼ 3.04% JBS 14.16 ▲ 1.65% JBS BDR 72.55 ▲ 2.81% MBRF3 16.59 ▲ 1.78% MBRFY 3.18 ▲ 0.95% INTER 5.45 ▼ 2.59% EGX 53,627 ▼ 0.19% USD/ZAR 16.78 ▲ 0.66% USD/NGN 1,363 ▲ 0.01% NIKKEI 61,434 ▼ 1.49% CSI300 4,600 ▲ 0.67% HSI 25,808 ▲ 1.96% NIFTY 24,250 ▲ 1.10% KOSPI 5,663 ▼ 5.98% JCI 6,091 ▼ 0.64% USD/JPY 163.86 ▲ 0.03% USD/CNY 6.7574 ▼ 0.05% DAX 25,460 ▼ 0.01% CAC 8,408 ▼ 0.60% FTSE 10,908 ▲ 0.34% MIB 51,443 ▼ 0.49% IBEX 19,413 ▼ 1.59% STOXX 645.01 ▼ 0.29% EUR/USD 1.1386 ▼ 0.08% GBP/USD 1.3288 ▼ 0.04% SPX 7,363 ▼ 0.89% DJI 51,897 ▼ 1.61% NDX 27,393 ▼ 1.33% RUT 2,912 ▼ 1.40% TSX 35,369 ▼ 1.06% VIX 19.93 ▲ 9.45% USD/CAD 1.4088 ▼ 0.10% US10Y 4.6450 ▲ 0.89%
since 2009
Wednesday, July 29, 2026

Business - Brazil Politics - Brazil

Uber Protests and Controversy Continue in Rio and Brazil

By · April 4, 2016 · 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 Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Uber services in Brazil continue to draw heated conflict from taxi drivers and Uber motorists themselves. While in Rio, taxi drivers protest against Uber services, in São Paulo Uber motorists themselves protest against a reduction in tariffs by the company.

Brazil, Rio de Janeiro, taxi drivers, Santos Dumont Airport
Taxi drivers outside Rio’s Santos Dumont Airport block private cars and Uber vehicles from getting and dropping off passengers, photo by Tânia Rêgo/Agência Brasil.
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 →

On Friday, the city of Rio de Janeiro faced a gridlock with hundreds of taxi drivers blocking the city’s main roads to protest against alternative transportation services. Trips which usually take only a few minutes took hours during the morning hours, with taxi cabs blocking major highways going in and out of the city and to the city’s airports.

Initially Uber services were banned in Rio in September of 2015, but the courts overruled the ban in December, and Uber services have been operating in the city ever since.

On Monday, Rio’s Mayor Eduardo Paes told journalists that his administration would not stand for another protest as that seen on Friday. “Everyone has the right to protest, as long as they don’t block the roads,” said Paes threatening to revoke taxi licenses if a similar situation every occurs again.

According to Paes the effect of the protest was negative for taxi drivers, “Instead of the population supporting these taxi drivers, what it [protest] did was to tarnish their reputation and make the population angry at them.”

Brazilian Daniane Ikenami, who works with InterNations – a global network of expatriates – explained why she prefers using Uber, “The first time I used Uber was with a friend who was visiting Rio, one month ago. Although, I already knew about it, I wasn’t sure to give my credit card previously.”

Rio taxi drivers protest against Uber, Rio de Janeiro, Brazil, Brazil News
Taxi drivers in Rio protested against Uber at Santos Dumont airport, photo by Tânia Rêgo/Agência Brasil.

Yet now she is a fan and not likley going to go back to regular taxi service as it is. “After having such nice experience with it, I became an Uber fan. And never took a taxi again for multiple reasons: Uber is cheaper, safer and offers a better service.”

While taxi drivers in Rio protest against losing customers and revenues to Uber motorists, in São Paulo, Uber employees protest against the company’s decision to decrease tariffs by fifteen percent.

Last week dozens met outside the Pacaembu soccer stadium to demonstrate against the company’s latest decision to reduce the tariffs, while, according to protest coordinators, more than 2,000 turned off their telephone app leaving customers without a connection to the service.

The Uber service was also dealt another blow last week, with city officials in Belo Horizonte voting into law a bill that prohibits alternative transportation models such as Uber from operating in the city.

According to the new law all passenger drivers will have 45 days to register with a transport operator and obtain a license to work. Motorists and companies without a registered operating license, such as those working for Uber, will be fined.

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.