IBOV 178,370.29 ▲ 0.21% IPSA 11,020.25 ▼ 0.27% IPC MEX 66,700.17 ▼ 0.35% MERVAL 3,201,973 ▼ 2.21% COLCAP 2,358.64 ▼ 1.09% BVL PERÚ 57,475.88 — — USD/BRL5.13▲ 0.75% USD/MXN17.25▼ 0.50% USD/CLP910.68▼ 1.60% USD/COP3,195▲ 1.95% USD/PEN3.39▼ 0.04% USD/ARS1,496▲ 0.12% USD/UYU40.19▲ 1.51% USD/PYG5,932▲ 1.71% USD/BOB12.03▲ 3.12% USD/DOP57.89▲ 1.30% USD/CRC446.90▲ 1.41% USD/GTQ7.62▲ 2.50% USD/HNL26.78▲ 1.90% USD/NIO36.62▲ 1.01% USD/VES750.21▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.23▲ 0.61% USD/TTD6.71▲ 1.12% EUR/BRL5.91▲ 1.03% BRENT 79.35 ▼ 5.28% WTI 75.80 ▼ 5.65% IRON ORE 161.91 — — COPPER 6.63 ▲ 1.73% GOLD 4,136 ▲ 2.53% SILVER 59.78 ▲ 3.66% SOY 1,177 ▲ 0.73% CORN 465.25 ▲ 3.56% WHEAT 638.00 ▼ 2.00% COFFEE 307.70 ▼ 3.69% SUGAR 15.06 ▲ 0.33% ORANGE JUICE 157.35 ▼ 0.63% COTTON 81.44 ▲ 0.11% COCOA 6,089 ▲ 2.53% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.67 ▲ 3.26% PETR4 42.51 ▼ 1.25% VALE3 76.39 ▲ 2.34% ITUB4 42.15 ▼ 2.36% BBDC4 18.11 ▼ 2.27% ABEV3 15.86 ▲ 0.57% BBAS3 20.98 ▼ 1.36% B3SA3 15.67 ▲ 0.32% WEGE3 49.03 ▲ 1.72% PRIO3 58.27 ▼ 0.39% SUZB3 42.74 ▼ 0.84% RENT3 38.95 ▲ 2.23% AZZA3 16.01 ▼ 1.36% CSAN3 4.03 ▼ 1.71% RAIZ4 0.28 ▲ 7.69% PCAR3 2.72 ▼ 1.09% GMAT3 3.95 ▼ 0.50% PSSA3 54.37 ▲ 0.69% CVCB3 1.39 ▼ 3.47% POSI3 3.46 ▼ 1.42% SLCE3 13.57 ▲ 1.65% NATU3 8.43 ▼ 0.82% BRKM5 5.85 ▼ 1.85% RANI3 8.30 ▼ 1.43% CSNA3 4.76 ▲ 5.54% CMIN3 5.79 ▲ 1.05% USIM5 7.56 — 0.00% GGBR4 25.98 ▲ 1.37% ENEV3 27.10 ▲ 1.31% CPFE3 46.32 ▲ 0.46% CMIG4 11.24 ▼ 0.35% EQTL3 39.09 ▲ 0.51% LREN3 13.59 ▼ 1.88% VIVT3 31.69 ▼ 1.89% RAIL3 14.11 ▼ 0.35% KLABIN 18.21 ▼ 0.16% RAIA DROGASIL 19.46 ▲ 3.24% RDOR3 34.31 ▲ 0.73% HAPV3 11.71 ▼ 1.68% FLRY3 17.43 ▲ 0.93% SMTO3 13.80 ▼ 4.03% UGPA3 32.56 ▼ 1.63% VBBR3 35.43 ▼ 1.94% BBSE3 41.90 ▲ 1.31% BPAC11 56.90 ▼ 0.39% CURY3 31.70 ▲ 0.79% AERI3 2.17 ▲ 0.93% VIVARA 22.42 ▼ 1.84% COMPASS 24.75 ▼ 1.39% VAMOS 3.33 ▲ 2.15% SANB11 28.93 — 0.00% ASAI3 8.62 ▲ 0.82% SBSP3 27.96 ▲ 1.41% WALMEX 49.89 ▲ 0.20% GMEXICO 218.53 ▲ 2.93% FEMSA 217.65 ▲ 0.17% CEMEX 20.10 ▼ 2.43% GFNORTE 197.77 ▼ 0.44% BIMBO 60.86 ▼ 0.70% TELEVISA 9.62 ▼ 1.03% AMX 21.47 ▼ 0.65% GAP 381.34 ▲ 1.40% ASUR 275.54 ▼ 1.10% OMA 239.18 ▲ 3.82% KOF 187.74 ▲ 1.46% GRUMA 263.08 ▼ 0.34% KIMBER 40.32 ▲ 0.47% SQM-B 62,501 ▲ 0.95% COPEC 6,230 ▼ 1.76% BSANTANDER 79.36 ▼ 1.34% FALABELLA 6,290 ▼ 1.47% ENELAM 87.69 ▲ 0.79% CENCOSUD 1,989 ▲ 1.72% CMPC 1,046 ▼ 0.38% BANCO CHILE 190.27 ▼ 1.15% LATAM AIR 25.46 ▲ 0.83% YPF 7,855 ▼ 3.08% GGAL 7,750 ▼ 2.76% PAMPA 5,320 ▼ 3.27% TXAR 643.00 ▼ 1.76% ALUAR 934.50 ▼ 3.31% TGS 9,430 ▼ 4.65% CEPU 2,297 ▼ 3.08% MIRGOR 1,640 — 0.00% COME 41.80 ▼ 3.22% LOMA NEGRA 3,483 ▼ 2.93% BYMA 291.50 ▼ 0.34% TELECOM ARG 4,300 ▼ 1.94% ECOPETROL 16.20 ▼ 2.42% BANCOLOMBIA 89.60 ▼ 1.66% GRUPO AVAL 5.24 — 0.00% CREDICORP 391.99 ▼ 0.96% SOUTHERN COPPER 194.97 ▲ 4.87% BUENAVENTURA 32.21 ▲ 5.71% MERCADOLIBRE 1,888 ▼ 0.56% NUBANK 14.30 ▼ 1.00% XP 16.91 ▼ 0.70% PAGSEGURO 9.49 ▼ 1.20% STONE 11.25 ▼ 0.88% GLOBANT 38.01 ▲ 2.33% TECNOGLASS 46.12 ▼ 1.37% GAP AIRPORT 220.98 ▲ 1.30% ASUR 275.54 ▼ 1.10% OMA AIRPORT 111.02 ▲ 4.02% AMX ADR 24.82 ▼ 0.56% FEMSA ADR 125.86 ▲ 0.09% CEMEX ADR 11.60 ▼ 2.03% PETROBRAS ADR 18.69 ▼ 1.94% VALE ADR 14.85 ▲ 1.82% ITAU ADR 8.21 ▼ 3.36% SANTANDER BR 5.69 ▼ 0.96% AMBEV ADR 3.04 ▼ 0.49% CSN 0.94 ▲ 0.65% GERDAU 5.10 ▲ 0.69% LATAM ADR 55.82 ▲ 2.40% BTC 64,139 ▲ 1.07% ETH 1,873 ▲ 0.77% SOL 74.11 ▲ 0.87% XRP 1.08 ▲ 0.42% BNB 593.59 ▲ 0.81% ADA 0.19 ▼ 0.42% DOGE 0.07 ▲ 0.26% AVAX 6.73 ▲ 2.50% LINK 8.19 ▲ 0.21% DOT 0.84 ▲ 2.41% LTC 44.65 ▲ 0.91% BCH 213.74 ▲ 0.29% TRX 0.33 ▲ 0.03% XLM 0.17 ▼ 0.43% HBAR 0.07 ▼ 0.58% NEAR 1.74 ▲ 0.44% ATOM 1.37 ▲ 0.32% AAVE 90.43 ▼ 2.01% SELIC 14.25% EMBRAER 90.46 ▲ 0.96% EMBRAER ADR 70.43 ▼ 0.72% JBS 13.59 ▼ 1.27% JBS BDR 69.65 ▲ 0.12% MBRF3 16.99 ▼ 4.01% MBRFY 3.27 ▼ 2.97% INTER 5.72 ▲ 1.51% EGX 54,502 ▲ 0.75% USD/ZAR16.38▼ 0.90% USD/NGN1,360▼ 0.28% NIKKEI 63,958 ▲ 0.32% CSI300 4,601 ▲ 1.27% HSI 25,853 ▼ 0.60% NIFTY 24,615 ▼ 0.64% KOSPI 6,359 ▲ 1.62% JCI 6,320 ▲ 1.37% USD/JPY157.75▲ 0.36% USD/CNY6.75— 0.00% DAX 26,202 ▲ 0.77% CAC 8,667 ▲ 0.61% FTSE 10,879 ▲ 0.20% MIB 53,541 ▲ 1.26% IBEX 20,024 ▲ 0.21% STOXX 656.86 ▲ 0.73% EUR/USD1.15▲ 0.23% GBP/USD1.35▼ 0.30% SPX 7,738 ▲ 1.82% DJI 54,137 ▲ 1.80% NDX 29,734 ▲ 3.33% RUT 3,043 ▲ 2.04% TSX 35,808 ▲ 1.65% VIX 16.41 ▲ 3.47% USD/CAD1.41▲ 0.14% US10Y 4.6270 ▼ 1.26% IBOV 178,370.29 ▲ 0.21% IPSA 11,020.25 ▼ 0.27% IPC MEX 66,700.17 ▼ 0.35% MERVAL 3,201,973 ▼ 2.21% COLCAP 2,358.64 ▼ 1.09% BVL PERÚ 57,475.88 — — USD/BRL 5.13 ▲ 0.75% USD/MXN 17.25 ▼ 0.50% USD/CLP 910.41 ▼ 1.63% USD/COP 3,195 ▲ 1.95% USD/PEN 3.39 ▼ 0.04% USD/ARS 1,496 ▲ 0.12% USD/UYU 40.19 ▲ 1.51% USD/PYG 5,932 ▲ 1.71% USD/BOB 12.03 ▲ 3.12% USD/DOP 57.89 ▲ 1.30% USD/CRC 446.90 ▲ 1.41% USD/GTQ 7.62 ▲ 2.50% USD/HNL 26.78 ▲ 1.90% USD/NIO 36.62 ▲ 1.01% USD/VES 750.21 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.23 ▲ 0.61% USD/TTD 6.71 ▲ 1.12% EUR/BRL 5.91 ▲ 1.03% BRENT 79.35 ▼ 5.28% WTI 75.80 ▼ 5.65% IRON ORE 161.91 — — COPPER 6.63 ▲ 1.73% GOLD 4,136 ▲ 2.53% SILVER 59.78 ▲ 3.66% SOY 1,177 ▲ 0.73% CORN 465.25 ▲ 3.56% WHEAT 638.00 ▼ 2.00% COFFEE 307.70 ▼ 3.69% SUGAR 15.06 ▲ 0.33% ORANGE JUICE 157.35 ▼ 0.63% COTTON 81.44 ▲ 0.11% COCOA 6,089 ▲ 2.53% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.67 ▲ 3.26% PETR4 42.51 ▼ 1.25% VALE3 76.39 ▲ 2.34% ITUB4 42.15 ▼ 2.36% BBDC4 18.11 ▼ 2.27% ABEV3 15.86 ▲ 0.57% BBAS3 20.98 ▼ 1.36% B3SA3 15.67 ▲ 0.32% WEGE3 49.03 ▲ 1.72% PRIO3 58.27 ▼ 0.39% SUZB3 42.74 ▼ 0.84% RENT3 38.95 ▲ 2.23% AZZA3 16.01 ▼ 1.36% CSAN3 4.03 ▼ 1.71% RAIZ4 0.28 ▲ 7.69% PCAR3 2.72 ▼ 1.09% GMAT3 3.95 ▼ 0.50% PSSA3 54.37 ▲ 0.69% CVCB3 1.39 ▼ 3.47% POSI3 3.46 ▼ 1.42% SLCE3 13.57 ▲ 1.65% NATU3 8.43 ▼ 0.82% BRKM5 5.85 ▼ 1.85% RANI3 8.30 ▼ 1.43% CSNA3 4.76 ▲ 5.54% CMIN3 5.79 ▲ 1.05% USIM5 7.56 — 0.00% GGBR4 25.98 ▲ 1.37% ENEV3 27.10 ▲ 1.31% CPFE3 46.32 ▲ 0.46% CMIG4 11.24 ▼ 0.35% EQTL3 39.09 ▲ 0.51% LREN3 13.59 ▼ 1.88% VIVT3 31.69 ▼ 1.89% RAIL3 14.11 ▼ 0.35% KLABIN 18.21 ▼ 0.16% RAIA DROGASIL 19.46 ▲ 3.24% RDOR3 34.31 ▲ 0.73% HAPV3 11.71 ▼ 1.68% FLRY3 17.43 ▲ 0.93% SMTO3 13.80 ▼ 4.03% UGPA3 32.56 ▼ 1.63% VBBR3 35.43 ▼ 1.94% BBSE3 41.90 ▲ 1.31% BPAC11 56.90 ▼ 0.39% CURY3 31.70 ▲ 0.79% AERI3 2.17 ▲ 0.93% VIVARA 22.42 ▼ 1.84% COMPASS 24.75 ▼ 1.39% VAMOS 3.33 ▲ 2.15% SANB11 28.93 — 0.00% ASAI3 8.62 ▲ 0.82% SBSP3 27.96 ▲ 1.41% WALMEX 49.89 ▲ 0.20% GMEXICO 218.53 ▲ 2.93% FEMSA 217.65 ▲ 0.17% CEMEX 20.10 ▼ 2.43% GFNORTE 197.77 ▼ 0.44% BIMBO 60.86 ▼ 0.70% TELEVISA 9.62 ▼ 1.03% AMX 21.47 ▼ 0.65% GAP 381.34 ▲ 1.40% ASUR 275.54 ▼ 1.10% OMA 239.18 ▲ 3.82% KOF 187.74 ▲ 1.46% GRUMA 263.08 ▼ 0.34% KIMBER 40.32 ▲ 0.47% SQM-B 62,501 ▲ 0.95% COPEC 6,230 ▼ 1.76% BSANTANDER 79.36 ▼ 1.34% FALABELLA 6,290 ▼ 1.47% ENELAM 87.69 ▲ 0.79% CENCOSUD 1,989 ▲ 1.72% CMPC 1,046 ▼ 0.38% BANCO CHILE 190.27 ▼ 1.15% LATAM AIR 25.46 ▲ 0.83% YPF 7,855 ▼ 3.08% GGAL 7,750 ▼ 2.76% PAMPA 5,320 ▼ 3.27% TXAR 643.00 ▼ 1.76% ALUAR 934.50 ▼ 3.31% TGS 9,430 ▼ 4.65% CEPU 2,297 ▼ 3.08% MIRGOR 1,640 — 0.00% COME 41.80 ▼ 3.22% LOMA NEGRA 3,483 ▼ 2.93% BYMA 291.50 ▼ 0.34% TELECOM ARG 4,300 ▼ 1.94% ECOPETROL 16.20 ▼ 2.42% BANCOLOMBIA 89.60 ▼ 1.66% GRUPO AVAL 5.24 — 0.00% CREDICORP 391.99 ▼ 0.96% SOUTHERN COPPER 194.97 ▲ 4.87% BUENAVENTURA 32.21 ▲ 5.71% MERCADOLIBRE 1,888 ▼ 0.56% NUBANK 14.30 ▼ 1.00% XP 16.91 ▼ 0.70% PAGSEGURO 9.49 ▼ 1.20% STONE 11.25 ▼ 0.88% GLOBANT 38.01 ▲ 2.33% TECNOGLASS 46.12 ▼ 1.37% GAP AIRPORT 220.98 ▲ 1.30% ASUR 275.54 ▼ 1.10% OMA AIRPORT 111.02 ▲ 4.02% AMX ADR 24.82 ▼ 0.56% FEMSA ADR 125.86 ▲ 0.09% CEMEX ADR 11.60 ▼ 2.03% PETROBRAS ADR 18.69 ▼ 1.94% VALE ADR 14.85 ▲ 1.82% ITAU ADR 8.21 ▼ 3.36% SANTANDER BR 5.69 ▼ 0.96% AMBEV ADR 3.04 ▼ 0.49% CSN 0.94 ▲ 0.65% GERDAU 5.10 ▲ 0.69% LATAM ADR 55.82 ▲ 2.40% BTC 64,139 ▲ 1.07% ETH 1,873 ▲ 0.77% SOL 74.11 ▲ 0.87% XRP 1.08 ▲ 0.42% BNB 593.59 ▲ 0.81% ADA 0.19 ▼ 0.42% DOGE 0.07 ▲ 0.26% AVAX 6.73 ▲ 2.50% LINK 8.19 ▲ 0.21% DOT 0.84 ▲ 2.41% LTC 44.65 ▲ 0.91% BCH 213.74 ▲ 0.29% TRX 0.33 ▲ 0.03% XLM 0.17 ▼ 0.43% HBAR 0.07 ▼ 0.58% NEAR 1.74 ▲ 0.44% ATOM 1.37 ▲ 0.32% AAVE 90.43 ▼ 2.01% SELIC 14.25% EMBRAER 90.46 ▲ 0.96% EMBRAER ADR 70.43 ▼ 0.72% JBS 13.59 ▼ 1.27% JBS BDR 69.65 ▲ 0.12% MBRF3 16.99 ▼ 4.01% MBRFY 3.27 ▼ 2.97% INTER 5.72 ▲ 1.51% EGX 54,502 ▲ 0.75% USD/ZAR 16.38 ▼ 0.76% USD/NGN 1,360 ▼ 0.05% NIKKEI 63,958 ▲ 0.32% CSI300 4,601 ▲ 1.27% HSI 25,853 ▼ 0.60% NIFTY 24,615 ▼ 0.64% KOSPI 6,359 ▲ 1.62% JCI 6,320 ▲ 1.37% USD/JPY 157.76 ▲ 0.36% USD/CNY 6.7527 ▲ 0.09% DAX 26,202 ▲ 0.77% CAC 8,667 ▲ 0.61% FTSE 10,879 ▲ 0.20% MIB 53,541 ▲ 1.26% IBEX 20,024 ▲ 0.21% STOXX 656.86 ▲ 0.73% EUR/USD 1.1534 ▲ 0.17% GBP/USD 1.3451 ▲ 0.18% SPX 7,738 ▲ 1.82% DJI 54,137 ▲ 1.80% NDX 29,734 ▲ 3.33% RUT 3,043 ▲ 2.04% TSX 35,808 ▲ 1.65% VIX 16.41 ▲ 3.47% USD/CAD 1.4066 ▲ 0.16% US10Y 4.6270 ▼ 1.26%
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Rio Flooding Puts Residents at Risk

By · January 8, 2013 · 3 min read

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By Anna Kaiser, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Torrential rains tore across Rio de Janeiro state late last week, taking two lives, displacing 3,000 families and leaving a path of destruction. The government has announced plans to relocate families from high-risk areas across the state, which also brings controversial hardships to many irregular housing and favela communities.

State Governor Sergio Cabral and the National Minister of Integration assess damages, photo by Bruno Itan/Subsecretaria de Comunicação.
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The state government did an assessment of damages in Xerém last Thursday, the hardest hit by this most recent storm. In attendance were political figures including Rio state’s Governor, Sergio Cabral, the Minister of National Integration, Fernando Bezerra, and the mayor of Duque Caxias, Alexandre Cardoso.

Mayor Cardoso stated, “through a study by the Secretary of the Environment, there will be a program for rehabilitation of the river banks and a relocation of the people who live there. The Governor also approved a payment extension for the damaged areas.”

The State Geological Survey, a branch of the Secretary of Environment recently concluded a study indicating a serious need for change across Rio state (excluding the city of Rio, which has separate geological services Geo-Rio).

Recognizing that heavy rains like those of last week are inevitable, the State Geological Survey identified that 67 of Rio’s 92 municipalities have areas at risk for landslides. Of those, 49 exhibit points of imminent risk and have over 36,000 inhabitants.

President of the State Geological Survey, Flávio Erthal told o Globo that for the study, they “flew [over] all these areas to map the points of imminent risk. The situation is alarming. But it is not a problem that started today, but sixty years ago, with the migration of much of the population from the countryside to the cities, occupying areas without adequate prior planning.”

However, relocating thousands of people from their homes, communities, and places of livelihood is not that simple. “I can not abandon my heritage,” one resident told Globo in response to the recent announcement that forced evictions would continue in Xerém.

A view of the 2010 tragedy from the mudslide in Morro do Bumba, Rio de Janeiro, Brazil News
A view of the 2010 tragedy from the mudslide in Morro do Bumba, photo by Vladimir Platonow/ABr.

This recent storm is far from Rio’s first encounter with heavy, landslide inducing rains, tropical storms where inches of water per hour pound down throughout the state are not uncommon occurrences. With several similar instances in recent years, an increase in scrutiny of zoning and building practices has become a topic of debate.

Two years ago two hundred families from the favela Morro do Borel in Tijuca were ordered to relocate. Their houses, in case of heavy rains, were located in a high-risk area for potential landslides and so the families had been offered new housing in the Zona Oeste (West Zone).

While some experts argue that many homes in favelas reside in areas of risk and lack the infrastructure to protect against landslides and other natural disasters, many critics are skeptical that this is only a convenient excuse in the city government’s mission to evacuate favela communities from desirable property.

Rocinha resident and operator of Favela Adventures tours, Zezinho, shared, “I think there are definitely areas in some favelas where there is potential danger of houses being destroyed because of poor building quality. But I have spoken to people who live in Vidigal who feel that they are being displaced with claims by government that they need to be removed (because of potential danger) but its being done to satisfy some big business people who want to build hotels and other things for tourists.”

Yet now, as afer April 2010’s flooding that wreaked havoc in Rio with the heaviest rains in fifty years, which left a death toll at around 250 people, and 4,000 homeless from a huge landslide in Morro do Bumba, most agree something must be done.

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