IBOV 171,006.10 ▼ 2.68% IPC MEX 69,182.39 ▼ 0.76% MERVAL 2,848,945 — — USD/BRL5.35▼ 0.07% USD/MXN18.72▲ 0.46% USD/CLP987.40▲ 0.29% USD/COP3,164▲ 0.46% USD/PEN3.45▲ 0.09% USD/ARS1,542▼ 0.02% USD/UYU40.21▲ 3.60% USD/PYG5,818▲ 3.40% USD/BOB11.92▲ 3.40% USD/DOP60.97▲ 1.45% USD/CRC451.45▲ 2.55% USD/GTQ7.64▲ 3.31% USD/HNL26.87▲ 0.25% USD/NIO36.62▼ 0.02% USD/VES886.67▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.89▲ 2.49% USD/TTD6.75▲ 2.73% EUR/BRL5.95▲ 0.03% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99% IBOV 171,006.10 ▼ 2.68% IPC MEX 69,182.39 ▼ 0.76% MERVAL 2,848,945 — — USD/BRL 5.34 ▼ 1.32% USD/MXN 18.69 ▲ 0.62% USD/CLP 983.47 ▼ 0.57% USD/COP 3,149 ▲ 3.06% USD/PEN 3.45 ▲ 0.17% USD/ARS 1,537 ▼ 0.28% USD/UYU 40.21 ▲ 3.57% USD/PYG 5,803 ▲ 3.78% USD/BOB 11.97 ▲ 4.93% USD/DOP 60.54 ▲ 1.83% USD/CRC 451.24 ▲ 2.13% USD/GTQ 7.64 ▲ 3.23% USD/HNL 26.87 ▲ 3.37% USD/NIO 36.62 ▲ 2.81% USD/VES 885.08 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.63% USD/TTD 6.71 ▲ 2.07% EUR/BRL 5.95 ▲ 7.53% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99%
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Thursday, October 29, 2026

Local Politics Politics - Brazil

Rio’s Mayor Cuts Sea-Goddess Iemanjá Procession Funding

By · November 29, 2017 · 2 min read

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The city of Rio de Janeiro will not financially help the Iemanja Boat procession that takes place every end of year in Copacabana Beach. This is the second major event in Rio’s tourist calendar that city officials have said will not be receiving financial help from the city due to Rio’s troubled financial situation.

Brazil, Rio de Janeiro,Umbandista-religion members carry flowers to the sea to honor Godess of the Sea, Iemanjá,
Umbandista-religion members carry flowers to the sea to honor Godess of the Sea, Iemanjá, photo by Tânia Rêgo/Agência Brasil.
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This would be the thirteen edition of the procession where Umbanda-religion members honor the God of the Sea, Iemanjá, by setting out a boat with her image from Copacabana beach. The boat procession was included in the official calendar of events in Rio and the congregation argues that the procession promotes action against religious intolerance.

“It’s very sad after so many years. It will be difficult to keep the procession,” said Brazilian Umbandista Congregation (Ceub) President Fatima Damas to Extra news media. “Umbanda is not just religion. Unfortunately, the mayor does not see it that way.”

According to Damas, the event, scheduled for December 16th, costs at least R$20,000 to occur. In 2016, the city gave the procession R$30,000, which the association used in the rental of buses to transport people, installation of tents and use of generators, as well as providing flowers and fruits to the public.

Damas now hopes to obtain funds via donations through the Internet. “People count on that day, people come from everywhere,” lamented Damas Fatima.

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The suspension of funding for the procession is just one of a series of cost reductions promoted by Rio’s Mayor, Marcelo Crivella. In June the Crivella announced he was cutting funding for the 2018 Carnival by half, and using the money in education and healthcare.

The uproar from Samba schools and residents was such that the federal government stepped in and on Thursday announced that, through its Rouanet Cultural Law funds, samba schools could apply for financial aid worth R$8 million for Rio’s 2018 Carnival.

“The ball is now in the League of Samba Schools’s court,” said Culture Minister Sergio Sá Leitão. According to the official samba schools need to fill out the proper proposal papers for the funds.

Carnival festivities, according to Sá Leitão injects R$2 billion into the city’s economy every year. “It is money that flows throughout society, irrigates the economy as a whole and reaches many people,” he concluded.

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