IBOV 177,894.97 ▼ 0.06% IPSA 10,996.46 ▼ 0.48% IPC MEX 66,848.35 ▲ 0.22% MERVAL 3,188,971 ▼ 2.61% COLCAP 2,374.67 ▼ 0.42% BVL PERÚ 57,475.88 ▲ 2.27% USD/BRL5.14▲ 0.22% USD/MXN17.22▼ 0.24% USD/CLP910.64▼ 0.04% USD/COP3,192▼ 1.55% USD/PEN3.39▼ 0.20% USD/ARS1,496▲ 0.12% USD/UYU40.19▲ 1.13% USD/PYG5,932▲ 1.24% USD/BOB12.03▲ 0.12% USD/DOP58.14▲ 1.32% USD/CRC446.90▲ 0.96% USD/GTQ7.62▲ 2.08% USD/HNL26.78▲ 1.44% USD/NIO36.62▲ 0.59% USD/VES753.27▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.99▲ 0.61% USD/TTD6.71▲ 0.83% EUR/BRL5.93▲ 1.12% BRENT 80.39 ▲ 1.30% WTI 76.09 ▲ 0.42% IRON ORE 161.91 — — COPPER 6.64 ▲ 0.32% GOLD 4,226 ▲ 3.19% SILVER 61.72 ▲ 2.77% SOY 1,168 ▲ 1.15% CORN 460.25 ▲ 4.07% WHEAT 639.00 ▲ 0.08% COFFEE 328.15 ▲ 1.25% SUGAR 15.16 ▲ 0.80% ORANGE JUICE 157.35 ▼ 0.63% COTTON 82.58 ▲ 1.79% COCOA 6,146 ▲ 3.75% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.69 ▲ 3.28% PETR4 42.50 ▼ 1.28% VALE3 76.31 ▲ 2.24% ITUB4 42.10 ▼ 2.48% BBDC4 18.22 ▼ 1.68% ABEV3 15.87 ▲ 0.63% BBAS3 20.99 ▼ 1.32% B3SA3 15.70 ▲ 0.51% WEGE3 49.17 ▲ 2.01% PRIO3 58.45 ▼ 0.09% SUZB3 43.02 ▼ 0.19% RENT3 39.09 ▲ 2.60% AZZA3 16.04 ▼ 1.17% CSAN3 4.05 ▼ 1.22% RAIZ4 0.28 ▲ 7.69% PCAR3 2.75 — 0.00% GMAT3 3.95 ▼ 0.50% PSSA3 54.25 ▲ 0.46% CVCB3 1.38 ▼ 4.17% POSI3 3.50 ▼ 0.28% SLCE3 13.57 ▲ 1.65% NATU3 8.42 ▼ 0.94% BRKM5 5.83 ▼ 2.18% RANI3 8.34 ▼ 0.95% CSNA3 4.79 ▲ 6.21% CMIN3 5.91 ▲ 3.14% USIM5 7.52 ▼ 0.53% GGBR4 25.87 ▲ 0.94% ENEV3 27.16 ▲ 1.53% CPFE3 46.35 ▲ 0.52% CMIG4 11.28 — 0.00% EQTL3 39.21 ▲ 0.82% LREN3 13.67 ▼ 1.30% VIVT3 31.65 ▼ 2.01% RAIL3 14.12 ▼ 0.28% KLABIN 18.25 ▲ 0.05% RAIA DROGASIL 19.41 ▲ 2.97% RDOR3 34.40 ▲ 1.00% HAPV3 11.78 ▼ 1.09% FLRY3 17.49 ▲ 1.27% SMTO3 13.94 ▼ 3.06% UGPA3 32.60 ▼ 1.51% VBBR3 35.44 ▼ 1.91% BBSE3 42.07 ▲ 1.72% BPAC11 56.75 ▼ 0.65% CURY3 31.75 ▲ 0.95% AERI3 2.19 ▲ 1.86% VIVARA 22.60 ▼ 1.05% COMPASS 24.60 ▼ 1.99% VAMOS 3.33 ▲ 2.15% SANB11 29.10 ▲ 0.59% ASAI3 8.66 ▲ 1.29% SBSP3 28.01 ▲ 1.60% WALMEX 50.13 ▲ 0.68% GMEXICO 217.50 ▲ 2.44% FEMSA 218.19 ▲ 0.42% CEMEX 20.10 ▼ 2.43% GFNORTE 197.72 ▼ 0.46% BIMBO 61.07 ▼ 0.36% TELEVISA 9.60 ▼ 1.23% AMX 21.54 ▼ 0.32% GAP 382.00 ▲ 1.57% ASUR 276.31 ▼ 0.82% OMA 239.84 ▲ 4.11% KOF 187.26 ▲ 1.21% GRUMA 263.07 ▼ 0.34% KIMBER 40.31 ▲ 0.45% SQM-B 62,450 ▲ 0.87% COPEC 6,229 ▼ 1.78% BSANTANDER 79.40 ▼ 1.29% FALABELLA 6,260 ▼ 1.94% ENELAM 87.70 ▲ 0.80% CENCOSUD 1,987 ▲ 1.64% CMPC 1,040 ▼ 0.95% BANCO CHILE 189.02 ▼ 1.80% LATAM AIR 25.45 ▲ 0.79% YPF 7,855 ▼ 3.08% GGAL 7,750 ▼ 2.76% PAMPA 5,375 ▼ 2.27% TXAR 649.00 ▼ 0.84% ALUAR 935.00 ▼ 3.26% TGS 9,520 ▼ 3.74% CEPU 2,303 ▼ 2.83% MIRGOR 1,640 — 0.00% COME 41.92 ▼ 2.94% LOMA NEGRA 3,488 ▼ 2.79% BYMA 291.50 ▼ 0.34% TELECOM ARG 4,358 ▼ 0.63% ECOPETROL 16.31 ▼ 1.78% BANCOLOMBIA 90.01 ▼ 1.21% GRUPO AVAL 5.20 ▼ 0.76% CREDICORP 392.12 ▼ 0.93% SOUTHERN COPPER 195.16 ▲ 4.98% BUENAVENTURA 32.26 ▲ 5.87% MERCADOLIBRE 1,889 ▼ 0.54% NUBANK 14.33 ▼ 0.76% XP 16.97 ▼ 0.35% PAGSEGURO 9.50 ▼ 1.04% STONE 11.23 ▼ 1.06% GLOBANT 38.13 ▲ 2.67% TECNOGLASS 46.25 ▼ 1.10% GAP AIRPORT 220.70 ▲ 1.17% ASUR 276.31 ▼ 0.82% OMA AIRPORT 111.00 ▲ 4.00% AMX ADR 24.88 ▼ 0.32% FEMSA ADR 126.28 — 0.00% CEMEX ADR 11.61 ▼ 1.94% PETROBRAS ADR 18.72 ▼ 1.78% VALE ADR 14.83 ▲ 1.71% ITAU ADR 8.19 ▼ 3.53% SANTANDER BR 5.69 ▼ 0.96% AMBEV ADR 3.04 ▼ 0.33% CSN 0.94 ▲ 0.56% GERDAU 5.10 ▲ 0.79% LATAM ADR 55.69 ▲ 2.16% BTC 64,011 ▼ 0.07% ETH 1,868 ▼ 0.03% SOL 73.87 ▲ 0.21% XRP 1.06 ▼ 1.21% BNB 597.01 ▲ 0.71% ADA 0.20 ▲ 1.50% DOGE 0.07 ▼ 0.35% AVAX 6.67 ▼ 0.18% LINK 8.16 ▲ 0.28% DOT 0.85 ▼ 0.59% LTC 44.82 ▼ 0.02% BCH 212.82 ▼ 0.18% TRX 0.33 ▲ 0.56% XLM 0.17 ▼ 1.29% HBAR 0.07 ▼ 0.28% NEAR 1.70 ▼ 1.66% ATOM 1.35 ▼ 1.98% AAVE 91.39 ▲ 1.08% SELIC 14.25% EMBRAER 90.51 ▲ 1.02% EMBRAER ADR 70.52 ▼ 0.59% JBS 13.61 ▼ 1.09% JBS BDR 70.07 ▲ 0.72% MBRF3 16.93 ▼ 4.35% MBRFY 3.26 ▼ 0.31% INTER 5.70 ▲ 1.24% EGX 54,616 ▲ 0.21% USD/ZAR16.38▲ 0.01% USD/NGN 1,360 — 0.00% NIKKEI 66,300 ▲ 3.66% CSI300 4,658 ▲ 1.24% HSI 25,916 ▲ 0.24% NIFTY 24,625 ▲ 0.04% KOSPI 6,598 ▲ 3.76% JCI 6,351 ▲ 0.50% USD/JPY157.53▼ 0.14% USD/CNY6.74▼ 0.23% DAX 26,180 ▼ 0.08% CAC 8,658 ▼ 0.10% FTSE 10,850 ▼ 0.27% MIB 53,643 ▲ 0.19% IBEX 20,107 ▲ 0.42% STOXX 656.19 ▼ 0.10% EUR/USD1.16▲ 0.17% GBP/USD1.35▲ 0.37% SPX 7,737 ▲ 1.79% DJI 54,086 ▲ 1.71% NDX 29,733 ▲ 3.32% RUT 3,037 ▲ 1.85% TSX 35,802 ▲ 1.63% VIX 16.57 ▲ 0.42% USD/CAD1.41▼ 0.02% US10Y 4.6270 ▼ 1.26% IBOV 177,894.97 ▼ 0.06% IPSA 10,996.46 ▼ 0.48% IPC MEX 66,848.35 ▲ 0.22% MERVAL 3,188,971 ▼ 2.61% COLCAP 2,374.67 ▼ 0.42% BVL PERÚ 57,475.88 ▲ 2.27% USD/BRL 5.14 ▲ 0.22% USD/MXN 17.22 ▼ 0.24% USD/CLP 910.64 ▼ 0.04% USD/COP 3,192 ▼ 1.55% USD/PEN 3.39 ▼ 0.20% USD/ARS 1,496 ▲ 0.12% USD/UYU 40.19 ▲ 1.51% USD/PYG 5,932 ▲ 1.24% USD/BOB 12.03 ▲ 0.12% USD/DOP 58.14 ▲ 1.32% USD/CRC 446.90 ▲ 1.41% USD/GTQ 7.62 ▲ 2.08% USD/HNL 26.78 ▲ 1.44% USD/NIO 36.62 ▲ 0.59% USD/VES 753.27 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.99 ▲ 0.61% USD/TTD 6.71 ▲ 0.83% EUR/BRL 5.93 ▲ 1.12% BRENT 80.39 ▲ 1.30% WTI 76.09 ▲ 0.42% IRON ORE 161.91 — — COPPER 6.64 ▲ 0.32% GOLD 4,226 ▲ 3.19% SILVER 61.72 ▲ 2.77% SOY 1,168 ▲ 1.15% CORN 460.25 ▲ 4.07% WHEAT 639.00 ▲ 0.08% COFFEE 328.15 ▲ 1.25% SUGAR 15.16 ▲ 0.80% ORANGE JUICE 157.35 ▼ 0.63% COTTON 82.58 ▲ 1.79% COCOA 6,146 ▲ 3.75% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.69 ▲ 3.28% PETR4 42.50 ▼ 1.28% VALE3 76.31 ▲ 2.24% ITUB4 42.10 ▼ 2.48% BBDC4 18.22 ▼ 1.68% ABEV3 15.87 ▲ 0.63% BBAS3 20.99 ▼ 1.32% B3SA3 15.70 ▲ 0.51% WEGE3 49.17 ▲ 2.01% PRIO3 58.45 ▼ 0.09% SUZB3 43.02 ▼ 0.19% RENT3 39.09 ▲ 2.60% AZZA3 16.04 ▼ 1.17% CSAN3 4.05 ▼ 1.22% RAIZ4 0.28 ▲ 7.69% PCAR3 2.75 — 0.00% GMAT3 3.95 ▼ 0.50% PSSA3 54.25 ▲ 0.46% CVCB3 1.38 ▼ 4.17% POSI3 3.50 ▼ 0.28% SLCE3 13.57 ▲ 1.65% NATU3 8.42 ▼ 0.94% BRKM5 5.83 ▼ 2.18% RANI3 8.34 ▼ 0.95% CSNA3 4.79 ▲ 6.21% CMIN3 5.91 ▲ 3.14% USIM5 7.52 ▼ 0.53% GGBR4 25.87 ▲ 0.94% ENEV3 27.16 ▲ 1.53% CPFE3 46.35 ▲ 0.52% CMIG4 11.28 — 0.00% EQTL3 39.21 ▲ 0.82% LREN3 13.67 ▼ 1.30% VIVT3 31.65 ▼ 2.01% RAIL3 14.12 ▼ 0.28% KLABIN 18.25 ▲ 0.05% RAIA DROGASIL 19.41 ▲ 2.97% RDOR3 34.40 ▲ 1.00% HAPV3 11.78 ▼ 1.09% FLRY3 17.49 ▲ 1.27% SMTO3 13.94 ▼ 3.06% UGPA3 32.60 ▼ 1.51% VBBR3 35.44 ▼ 1.91% BBSE3 42.07 ▲ 1.72% BPAC11 56.75 ▼ 0.65% CURY3 31.75 ▲ 0.95% AERI3 2.19 ▲ 1.86% VIVARA 22.60 ▼ 1.05% COMPASS 24.60 ▼ 1.99% VAMOS 3.33 ▲ 2.15% SANB11 29.10 ▲ 0.59% ASAI3 8.66 ▲ 1.29% SBSP3 28.01 ▲ 1.60% WALMEX 50.13 ▲ 0.68% GMEXICO 217.50 ▲ 2.44% FEMSA 218.19 ▲ 0.42% CEMEX 20.10 ▼ 2.43% GFNORTE 197.72 ▼ 0.46% BIMBO 61.07 ▼ 0.36% TELEVISA 9.60 ▼ 1.23% AMX 21.54 ▼ 0.32% GAP 382.00 ▲ 1.57% ASUR 276.31 ▼ 0.82% OMA 239.84 ▲ 4.11% KOF 187.26 ▲ 1.21% GRUMA 263.07 ▼ 0.34% KIMBER 40.31 ▲ 0.45% SQM-B 62,450 ▲ 0.87% COPEC 6,229 ▼ 1.78% BSANTANDER 79.40 ▼ 1.29% FALABELLA 6,260 ▼ 1.94% ENELAM 87.70 ▲ 0.80% CENCOSUD 1,987 ▲ 1.64% CMPC 1,040 ▼ 0.95% BANCO CHILE 189.02 ▼ 1.80% LATAM AIR 25.45 ▲ 0.79% YPF 7,855 ▼ 3.08% GGAL 7,750 ▼ 2.76% PAMPA 5,375 ▼ 2.27% TXAR 649.00 ▼ 0.84% ALUAR 935.00 ▼ 3.26% TGS 9,520 ▼ 3.74% CEPU 2,303 ▼ 2.83% MIRGOR 1,640 — 0.00% COME 41.92 ▼ 2.94% LOMA NEGRA 3,488 ▼ 2.79% BYMA 291.50 ▼ 0.34% TELECOM ARG 4,358 ▼ 0.63% ECOPETROL 16.31 ▼ 1.78% BANCOLOMBIA 90.01 ▼ 1.21% GRUPO AVAL 5.20 ▼ 0.76% CREDICORP 392.12 ▼ 0.93% SOUTHERN COPPER 195.16 ▲ 4.98% BUENAVENTURA 32.26 ▲ 5.87% MERCADOLIBRE 1,889 ▼ 0.54% NUBANK 14.33 ▼ 0.76% XP 16.97 ▼ 0.35% PAGSEGURO 9.50 ▼ 1.04% STONE 11.23 ▼ 1.06% GLOBANT 38.13 ▲ 2.67% TECNOGLASS 46.25 ▼ 1.10% GAP AIRPORT 220.70 ▲ 1.17% ASUR 276.31 ▼ 0.82% OMA AIRPORT 111.00 ▲ 4.00% AMX ADR 24.88 ▼ 0.32% FEMSA ADR 126.28 — 0.00% CEMEX ADR 11.61 ▼ 1.94% PETROBRAS ADR 18.72 ▼ 1.78% VALE ADR 14.83 ▲ 1.71% ITAU ADR 8.19 ▼ 3.53% SANTANDER BR 5.69 ▼ 0.96% AMBEV ADR 3.04 ▼ 0.33% CSN 0.94 ▲ 0.56% GERDAU 5.10 ▲ 0.79% LATAM ADR 55.69 ▲ 2.16% BTC 64,011 ▼ 0.07% ETH 1,868 ▼ 0.03% SOL 73.87 ▲ 0.21% XRP 1.06 ▼ 1.21% BNB 597.01 ▲ 0.71% ADA 0.20 ▲ 1.50% DOGE 0.07 ▼ 0.35% AVAX 6.67 ▼ 0.18% LINK 8.16 ▲ 0.28% DOT 0.85 ▼ 0.59% LTC 44.82 ▼ 0.02% BCH 212.82 ▼ 0.18% TRX 0.33 ▲ 0.56% XLM 0.17 ▼ 1.29% HBAR 0.07 ▼ 0.28% NEAR 1.70 ▼ 1.66% ATOM 1.35 ▼ 1.98% AAVE 91.39 ▲ 1.08% SELIC 14.25% EMBRAER 90.51 ▲ 1.02% EMBRAER ADR 70.52 ▼ 0.59% JBS 13.61 ▼ 1.09% JBS BDR 70.07 ▲ 0.72% MBRF3 16.93 ▼ 4.35% MBRFY 3.26 ▼ 0.31% INTER 5.70 ▲ 1.24% EGX 54,616 ▲ 0.21% USD/ZAR 16.39 ▲ 0.01% USD/NGN 1,360 — 0.00% NIKKEI 66,300 ▲ 3.66% CSI300 4,658 ▲ 1.24% HSI 25,916 ▲ 0.24% NIFTY 24,625 ▲ 0.04% KOSPI 6,598 ▲ 3.76% JCI 6,351 ▲ 0.50% USD/JPY 157.66 ▼ 0.07% USD/CNY 6.7381 ▼ 0.03% DAX 26,180 ▼ 0.08% CAC 8,658 ▼ 0.10% FTSE 10,850 ▼ 0.27% MIB 53,643 ▲ 0.19% IBEX 20,107 ▲ 0.42% STOXX 656.19 ▼ 0.10% EUR/USD 1.1546 ▲ 0.10% GBP/USD 1.3471 ▲ 0.14% SPX 7,737 ▲ 1.79% DJI 54,086 ▲ 1.71% NDX 29,733 ▲ 3.32% RUT 3,037 ▲ 1.85% TSX 35,802 ▲ 1.63% VIX 16.57 ▲ 0.42% USD/CAD 1.4061 ▼ 0.04% US10Y 4.6270 ▼ 1.26%
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Local Politics Politics - Brazil

New Governor Focuses on UPPs and Metro

By · April 22, 2014 · 3 min read

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By Benjamin Parkin, Contributing Reporter

RIO DE JANEIRO, BRAZIL – The new governor of Rio de Janeiro, Luiz Fernando de Souza, better known as Pezão (Bigfoot), has prioritized security, health care and transport at the beginning of his tenure, after replacing Sérgio Cabral. Pezão came into office on April 4th, four days after Cabral formally resigned from his post.

Pezão, Rio de Janeiro, Brazil News
Pezão (Bigfoot) at his inauguration as Rio governor, photo by Tomaz Silva/Agência Brasil.
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Mr. de Souza will finish the remaining nine months of Cabral’s term and will then run for election himself in October. Pezão, like his predecessor Cabral, is a member of the PMDB party (Democratic Movement of Brazil Party).

Cabral said of the switch that the government now had to “advance, advance, advance, and Pezão is synonymous with this cause.” Cabral is expected to run as Senator in the forthcoming elections, which requires him to vacate his post as governor before campaigning. He resigned amidst a decline in popularity since the June 2013 protests.

Luiz Fernando de Souza’s first act as governor was to convoke a meeting with Eduardo Paes about re-opening the Santa Casa de Misericórdia, a traditional hospital in Centro, closed for six months now.

He made clear his plans to expand and evolve the UPP (Police Pacification Unit) program for the future, by “contracting more police, creating more UPPs and presenting a plan for the occupation until 2020.” They will contract 1,800 new policemen by May, and train 6,000 more by the end of the year. Cabral, with security secretary José Mariano Beltrame, introduced the UPPs in 2008.

Pezão also plans on initiating large extensions to the Metro (underground subway), proposing 18km of new lines. This includes beginning the construction of Line 3 (from Niterói to São Gonçalo), and the proposals for Line 4 (from Jardim Oceânico to Recreio), Line 5 (from Gávea to Carioca), and extending Line 1 beyond Uruguai station, to Méier, Zona Norte (North Zone).

Cabral and Pezão, Rio de Janeiro, Brazil News
Former governor Sérgio Cabral speaking, with Pezão, left, photo by Tomaz Silva/Agência Brasil.

In October’s elections for governor, Souza will run for election, with Cabral’s support. On a national scale, he declared himself a close friend of President Dilma Rousseff – “I am a friend, I will fight for her. If I can help her, I will” – despite the rupture of the alliance between the PMDB and Rousseff’s PT (Workers’ Party), who decided to field their own candidate for governor, Lindbergh Farias.

However, Souza also claims to have a good relationship with Rousseff’s presidential rival, Aécio Neves, senator for Minas Gerais (PSDB – Social Democratic Party of Brazil), but not Eduardo Campos (PSB – Socialist Party of Brazil).

Souza is originally from Piraí, in the South Fluminense region of the state, where he served as mayor for two terms. In 2006, he became vice-governor and state construction secretary under Cabral, leaving the latter post in 2011. His nickname, Pezão, literally refers to his size 47.5 (approximately US size 15) feet: “Today, no one knows who Luiz Fernando is,” he said.

On the recent occupation, and subsequent eviction, of the “Favela da Telerj,” in a territory owned by Oi, the telephone company, Pezão said that the government “had done what needed to be done,” and that families evicted from the site are being integrated into social housing programs “at a normal pace.” He also announced that Oi will be charged for the expenses of the eviction operation by the military police.

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