IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.36% USD/MXN18.67▲ 0.26% USD/CLP982.56▼ 0.17% USD/COP3,286▲ 0.34% USD/PEN3.41▲ 0.04% USD/ARS1,551▲ 0.34% USD/UYU40.43▲ 3.48% USD/PYG6,196▲ 2.20% USD/BOB11.68▲ 1.36% USD/DOP60.81▲ 0.68% USD/CRC445.62▲ 1.24% USD/GTQ7.64▲ 3.18% USD/HNL26.89▲ 0.13% USD/NIO36.62▲ 1.17% USD/VES899.36▲ 0.14% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.46% USD/TTD6.72▲ 2.30% EUR/BRL6.18▲ 0.08% BRENT 93.01 ▲ 1.66% WTI 87.43 ▲ 1.62% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.05% GOLD 4,046 ▲ 0.39% SILVER 52.73 ▲ 3.18% SOY 1,225 ▲ 0.02% CORN 447.25 ▼ 0.39% WHEAT 594.00 ▲ 0.21% COFFEE 264.35 ▼ 2.60% SUGAR 18.21 ▲ 0.66% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,948 ▲ 4.34% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 43.98 ▼ 2.16% VALE3 65.17 ▲ 0.57% ITUB4 41.60 ▲ 0.97% BBDC4 14.77 ▲ 1.58% ABEV3 15.84 ▲ 0.32% BBAS3 17.29 ▲ 1.11% B3SA3 14.73 ▲ 1.73% WEGE3 51.19 ▲ 0.47% PRIO3 61.14 ▲ 1.87% SUZB3 54.19 ▼ 0.50% RENT3 30.28 ▲ 1.64% AZZA3 15.02 ▲ 1.97% CSAN3 2.79 ▲ 4.10% RAIZ4 0.30 ▼ 98.77% PCAR3 2.58 ▲ 0.78% GMAT3 3.92 ▲ 2.89% PSSA3 46.26 ▼ 0.88% CVCB3 0.87 ▲ 1.16% POSI3 3.21 ▲ 1.90% SLCE3 17.26 ▲ 0.99% NATU3 5.62 ▲ 1.26% BRKM5 2.97 ▲ 1.71% RANI3 8.48 ▲ 0.36% CSNA3 4.44 ▲ 1.37% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.37% USD/MXN 18.67 ▲ 0.22% USD/CLP 982.30 ▼ 0.20% USD/COP 3,285 ▲ 0.34% USD/PEN 3.41 ▲ 0.02% USD/ARS 1,551 ▲ 0.34% USD/UYU 40.43 ▲ 3.48% USD/PYG 6,196 ▲ 2.20% USD/BOB 11.68 ▲ 1.36% USD/DOP 60.81 ▲ 0.68% USD/CRC 445.62 ▲ 1.58% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.89 ▲ 0.13% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.18 ▲ 0.13% BRENT 93.01 ▲ 1.66% WTI 87.43 ▲ 1.62% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.05% GOLD 4,046 ▲ 0.39% SILVER 52.73 ▲ 3.18% SOY 1,225 ▲ 0.02% CORN 447.25 ▼ 0.39% WHEAT 594.00 ▲ 0.21% COFFEE 264.35 ▼ 2.60% SUGAR 18.21 ▲ 0.66% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,948 ▲ 4.34% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 43.98 ▼ 2.16% VALE3 65.17 ▲ 0.57% ITUB4 41.60 ▲ 0.97% BBDC4 14.77 ▲ 1.58% ABEV3 15.84 ▲ 0.32% BBAS3 17.29 ▲ 1.11% B3SA3 14.73 ▲ 1.73% WEGE3 51.19 ▲ 0.47% PRIO3 61.14 ▲ 1.87% SUZB3 54.19 ▼ 0.50% RENT3 30.28 ▲ 1.64% AZZA3 15.02 ▲ 1.97% CSAN3 2.79 ▲ 4.10% RAIZ4 0.30 ▼ 98.77% PCAR3 2.58 ▲ 0.78% GMAT3 3.92 ▲ 2.89% PSSA3 46.26 ▼ 0.88% CVCB3 0.87 ▲ 1.16% POSI3 3.21 ▲ 1.90% SLCE3 17.26 ▲ 0.99% NATU3 5.62 ▲ 1.26% BRKM5 2.97 ▲ 1.71% RANI3 8.48 ▲ 0.36% CSNA3 4.44 ▲ 1.37%
since 2009
Wednesday, November 11, 2026

Politics - Brazil Rio de Janeiro

Privatization Plans of São Paulo Metro Halted After Strike

By · · 2 min read

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – After a hectic morning rush hour in São Paulo city, due to the partial strike by metro employees, a city court granted an injunction suspending the bidding and privatization auction two metro lines. The privatization, scheduled for this Friday, January 19th, was the reason for the 24-hour walkout.

Brazil, São Paulo,Strikers protest against privatization in one of São Paulo's metro stations,
Strikers protest against privatization in one of São Paulo’s metro stations, photo courtesy of SP Metroviarios Union.
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“Basically, it can be said that this is a privatization funded with public resources. Irony to those conventional economists who defend the privatization of Brazilian state-owned enterprises as one of the main topics of economic-fiscal policy of austerity,” said Judge Adriano Marcos Laroca in his decision.

Judge Laroca considered the minimum established amount to be paid by the winner of the auction, approximately R$180 million, low in relation to the costs of the construction of the two metro lines of R$7 billion.

The strike which affected all metro lines in the city of São Paulo except those already under private administration, led thousands to wait in long bus lines to try to get to work on Thursday morning and again during the afternoon rush hour.

To try to ease the problem, São Paulo officials lifted the city-wide vehicle restrictions of cars with license plates ending in the number seven or eight, which are prohibited from trafficking during morning and afternoon rush hours on Thursday.

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Officials also ruled that bus companies put most of their fleet out to accommodate those unable to use the metro lines.

“I saw that they put more buses on the streets, but that didn’t stop me from getting to work late by more than an hour and a half,” Sandra Silva told The RioTimes. “I’m angry at both those who adhered to the strike and the politicians trying to get their jobs. I wish they could resolve their problem without putting the rest of us through this (strike).”

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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