IBOV 172,179.93 ▼ 0.19% IPSA 11,257.12 ▲ 0.01% IPC MEX 66,938.64 ▲ 0.82% MERVAL 3,122,064 ▲ 1.14% COLCAP 2,372.50 ▲ 0.94% BVL PERÚ 59,581.33 ▲ 0.19% USD/BRL5.11▲ 0.44% USD/MXN17.13▼ 0.01% USD/CLP916.37▲ 0.40% USD/COP3,136▼ 0.60% USD/PEN3.38▼ 0.25% USD/ARS1,498▼ 0.05% USD/UYU40.25▼ 0.06% USD/PYG5,922▲ 0.04% USD/BOB11.80▲ 0.17% USD/DOP58.12▲ 0.02% USD/CRC447.88▼ 0.54% USD/GTQ7.62▼ 0.06% USD/HNL26.78▼ 0.01% USD/NIO 36.62 — 0.00% USD/VES755.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.40▲ 0.05% USD/TTD6.68▼ 0.82% EUR/BRL5.89▲ 0.29% BRENT 87.79 ▲ 5.07% WTI 82.15 ▲ 5.08% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.62% GOLD 4,424 ▲ 1.92% SILVER 65.26 ▲ 3.04% SOY 1,180 ▲ 2.05% CORN 462.00 ▲ 5.24% WHEAT 639.50 ▼ 0.04% COFFEE 335.20 ▼ 0.10% SUGAR 16.46 ▲ 0.06% ORANGE JUICE 144.30 ▲ 1.23% COTTON 84.05 ▲ 1.00% COCOA 6,018 ▲ 4.08% BEEF 226.70 ▼ 2.16% CATTLE 344.38 ▼ 2.07% LITHIUM 74.62 ▲ 0.82% PETR4 42.33 ▲ 3.57% VALE3 75.86 ▲ 1.19% ITUB4 40.54 ▼ 0.52% BBDC4 17.27 ▼ 0.23% ABEV3 15.30 ▼ 1.16% BBAS3 20.10 ▲ 0.20% B3SA3 14.72 ▼ 1.54% WEGE3 47.69 ▼ 0.89% PRIO3 60.57 ▲ 5.43% SUZB3 41.57 ▼ 0.31% RENT3 36.60 ▼ 3.23% AZZA3 16.69 ▼ 1.88% CSAN3 3.54 ▼ 3.54% RAIZ4 0.26 — 0.00% PCAR3 2.87 ▼ 1.71% GMAT3 3.67 ▼ 1.61% PSSA3 49.69 ▼ 1.45% CVCB3 1.41 ▼ 7.24% POSI3 3.48 ▼ 1.42% SLCE3 13.30 ▲ 0.61% NATU3 8.08 ▼ 2.42% BRKM5 5.79 ▼ 2.53% RANI3 8.03 ▼ 2.38% CSNA3 4.49 ▼ 1.75% CMIN3 5.42 ▼ 0.55% USIM5 7.11 ▼ 0.56% GGBR4 25.16 ▲ 0.44% ENEV3 25.39 ▼ 3.02% CPFE3 44.57 ▼ 0.51% CMIG4 10.64 ▼ 2.56% EQTL3 36.70 ▼ 1.56% LREN3 12.08 ▼ 2.50% VIVT3 30.50 ▼ 0.26% RAIL3 13.33 ▼ 1.91% KLABIN 17.86 ▼ 0.83% RAIA DROGASIL 19.45 ▼ 3.81% RDOR3 34.09 ▲ 0.50% HAPV3 10.39 ▼ 3.53% FLRY3 18.66 ▼ 1.53% SMTO3 15.09 ▲ 2.17% UGPA3 31.05 ▼ 0.74% VBBR3 33.35 ▼ 2.57% BBSE3 38.15 ▼ 0.60% BPAC11 53.85 ▲ 1.35% CURY3 31.42 ▲ 0.19% AERI3 2.31 ▲ 0.87% VIVARA 21.72 ▲ 0.42% COMPASS 22.90 ▲ 0.31% VAMOS 2.95 ▼ 4.22% SANB11 29.18 ▼ 0.31% ASAI3 8.09 ▼ 1.82% SBSP3 26.49 ▼ 1.49% WALMEX 48.15 ▼ 2.67% GMEXICO 224.98 ▲ 0.08% FEMSA 206.61 ▼ 1.45% CEMEX 19.59 ▲ 0.26% GFNORTE 199.53 ▼ 0.13% BIMBO 61.80 ▲ 1.06% TELEVISA 9.93 ▲ 1.43% AMX 20.51 ▲ 0.39% GAP 370.99 ▼ 2.70% ASUR 274.22 ▼ 0.89% OMA 232.42 ▼ 1.59% KOF 186.91 ▼ 1.16% GRUMA 254.93 ▲ 0.01% KIMBER 40.38 ▼ 0.93% SQM-B 66,872 ▲ 1.65% COPEC 6,200 ▲ 1.39% BSANTANDER 81.15 ▲ 1.24% FALABELLA 6,468 ▼ 0.02% ENELAM 87.57 ▲ 0.19% CENCOSUD 2,035 ▼ 0.74% CMPC 1,045 ▲ 1.45% BANCO CHILE 189.72 ▲ 0.57% LATAM AIR 24.98 ▼ 3.18% YPF 8,090 ▲ 4.05% GGAL 7,290 ▼ 0.34% PAMPA 5,240 ▲ 0.67% TXAR 745.50 ▲ 4.19% ALUAR 935.50 ▲ 0.11% TGS 9,275 ▲ 1.53% CEPU 2,180 ▼ 1.27% MIRGOR 1,600 ▼ 1.84% COME 42.30 ▲ 2.40% LOMA NEGRA 3,238 ▼ 0.84% BYMA 287.50 ▼ 1.20% TELECOM ARG 4,550 ▲ 3.88% ECOPETROL 17.27 ▲ 2.92% BANCOLOMBIA 91.62 ▲ 3.12% GRUPO AVAL 5.25 ▲ 3.75% CREDICORP 385.24 ▼ 0.44% SOUTHERN COPPER 201.10 ▲ 1.02% BUENAVENTURA 34.50 ▲ 1.02% MERCADOLIBRE 1,825 ▲ 0.24% NUBANK 13.96 ▲ 0.83% XP 16.25 ▲ 0.06% PAGSEGURO 9.15 ▲ 0.05% STONE 10.45 ▼ 1.46% GLOBANT 38.85 ▲ 3.88% TECNOGLASS 41.80 ▼ 5.30% GAP AIRPORT 217.05 ▼ 2.54% ASUR 274.22 ▼ 0.89% OMA AIRPORT 108.37 ▼ 1.87% AMX ADR 23.91 ▲ 0.65% FEMSA ADR 120.38 ▼ 1.70% CEMEX ADR 11.42 ▲ 0.75% PETROBRAS ADR 18.51 ▲ 3.03% VALE ADR 14.80 ▲ 0.58% ITAU ADR 7.90 ▼ 0.57% SANTANDER BR 5.78 ▼ 0.52% AMBEV ADR 2.95 ▼ 1.67% CSN 0.90 ▼ 2.91% GERDAU 4.95 ▲ 0.20% LATAM ADR 54.40 ▼ 4.10% BTC 63,841 ▼ 1.55% ETH 1,871 ▼ 1.98% SOL 75.81 ▼ 0.53% XRP 1.02 ▼ 1.15% BNB 599.70 ▼ 0.34% ADA 0.19 ▼ 0.74% DOGE 0.07 ▲ 0.54% AVAX 6.48 ▲ 0.98% LINK 8.21 ▲ 0.43% DOT 0.80 ▲ 0.33% LTC 45.10 ▼ 0.67% BCH 213.41 ▼ 0.52% TRX 0.33 ▲ 0.32% XLM 0.16 ▼ 0.13% HBAR 0.07 ▼ 1.11% NEAR 1.60 ▲ 0.30% ATOM 1.41 ▲ 2.47% AAVE 89.50 ▼ 1.16% SELIC 14.00% EMBRAER 95.75 ▲ 3.49% EMBRAER ADR 74.57 ▲ 2.13% JBS 13.81 ▼ 2.99% JBS BDR 70.54 ▼ 2.15% MBRF3 15.77 ▼ 1.87% MBRFY 3.03 ▼ 2.88% INTER 5.38 ▲ 1.99% EGX 54,876 ▼ 0.45% USD/ZAR16.18▲ 0.27% USD/NGN1,359▼ 0.14% NIKKEI 66,970 ▲ 2.08% CSI300 4,702 ▲ 0.16% HSI 25,937 ▲ 1.05% NIFTY 24,584 ▲ 0.05% KOSPI 6,300 ▲ 0.65% JCI 6,365 ▼ 0.69% USD/JPY159.27▲ 1.00% USD/CNY6.74▼ 0.05% DAX 26,324 ▲ 0.02% CAC 8,726 ▲ 0.13% FTSE 10,863 ▼ 0.35% MIB 53,664 ▼ 0.10% IBEX 20,173 ▼ 0.01% STOXX 660.45 ▲ 0.03% EUR/USD1.15▼ 0.14% GBP/USD1.35▲ 0.10% SPX 7,750 ▼ 0.10% DJI 53,877 ▼ 0.30% NDX 29,641 ▼ 0.27% RUT 3,016 ▼ 0.60% TSX 36,492 ▲ 0.30% VIX 15.34 ▲ 2.95% USD/CAD1.39▼ 0.06% US10Y 4.6990 ▲ 0.84% IBOV 172,179.93 ▼ 0.19% IPSA 11,257.12 ▲ 0.01% IPC MEX 66,938.64 ▲ 0.82% MERVAL 3,122,064 ▲ 1.14% COLCAP 2,372.50 ▲ 0.94% BVL PERÚ 59,581.33 ▲ 0.19% USD/BRL 5.12 ▲ 0.61% USD/MXN 17.14 ▲ 0.04% USD/CLP 915.52 ▲ 0.30% USD/COP 3,132 ▼ 0.72% USD/PEN 3.37 ▼ 0.40% USD/ARS 1,498 ▼ 0.05% USD/UYU 40.25 ▼ 0.06% USD/PYG 5,922 ▲ 0.04% USD/BOB 11.80 ▲ 0.17% USD/DOP 58.12 ▲ 0.02% USD/CRC 447.88 ▼ 0.54% USD/GTQ 7.62 ▼ 0.06% USD/HNL 26.78 ▼ 0.01% USD/NIO 36.62 — 0.00% USD/VES 755.65 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.29 ▲ 0.24% USD/TTD 6.68 ▲ 0.55% EUR/BRL 5.90 ▲ 0.47% BRENT 87.79 ▲ 5.07% WTI 82.15 ▲ 5.08% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.62% GOLD 4,424 ▲ 1.92% SILVER 65.26 ▲ 3.04% SOY 1,180 ▲ 2.05% CORN 462.00 ▲ 5.24% WHEAT 639.50 ▼ 0.04% COFFEE 335.20 ▼ 0.10% SUGAR 16.46 ▲ 0.06% ORANGE JUICE 144.30 ▲ 1.23% COTTON 84.05 ▲ 1.00% COCOA 6,018 ▲ 4.08% BEEF 226.70 ▼ 2.16% CATTLE 344.38 ▼ 2.07% LITHIUM 74.62 ▲ 0.82% PETR4 42.33 ▲ 3.57% VALE3 75.86 ▲ 1.19% ITUB4 40.54 ▼ 0.52% BBDC4 17.27 ▼ 0.23% ABEV3 15.30 ▼ 1.16% BBAS3 20.10 ▲ 0.20% B3SA3 14.72 ▼ 1.54% WEGE3 47.69 ▼ 0.89% PRIO3 60.57 ▲ 5.43% SUZB3 41.57 ▼ 0.31% RENT3 36.60 ▼ 3.23% AZZA3 16.69 ▼ 1.88% CSAN3 3.54 ▼ 3.54% RAIZ4 0.26 — 0.00% PCAR3 2.87 ▼ 1.71% GMAT3 3.67 ▼ 1.61% PSSA3 49.69 ▼ 1.45% CVCB3 1.41 ▼ 7.24% POSI3 3.48 ▼ 1.42% SLCE3 13.30 ▲ 0.61% NATU3 8.08 ▼ 2.42% BRKM5 5.79 ▼ 2.53% RANI3 8.03 ▼ 2.38% CSNA3 4.49 ▼ 1.75% CMIN3 5.42 ▼ 0.55% USIM5 7.11 ▼ 0.56% GGBR4 25.16 ▲ 0.44% ENEV3 25.39 ▼ 3.02% CPFE3 44.57 ▼ 0.51% CMIG4 10.64 ▼ 2.56% EQTL3 36.70 ▼ 1.56% LREN3 12.08 ▼ 2.50% VIVT3 30.50 ▼ 0.26% RAIL3 13.33 ▼ 1.91% KLABIN 17.86 ▼ 0.83% RAIA DROGASIL 19.45 ▼ 3.81% RDOR3 34.09 ▲ 0.50% HAPV3 10.39 ▼ 3.53% FLRY3 18.66 ▼ 1.53% SMTO3 15.09 ▲ 2.17% UGPA3 31.05 ▼ 0.74% VBBR3 33.35 ▼ 2.57% BBSE3 38.15 ▼ 0.60% BPAC11 53.85 ▲ 1.35% CURY3 31.42 ▲ 0.19% AERI3 2.31 ▲ 0.87% VIVARA 21.72 ▲ 0.42% COMPASS 22.90 ▲ 0.31% VAMOS 2.95 ▼ 4.22% SANB11 29.18 ▼ 0.31% ASAI3 8.09 ▼ 1.82% SBSP3 26.49 ▼ 1.49% WALMEX 48.15 ▼ 2.67% GMEXICO 224.98 ▲ 0.08% FEMSA 206.61 ▼ 1.45% CEMEX 19.59 ▲ 0.26% GFNORTE 199.53 ▼ 0.13% BIMBO 61.80 ▲ 1.06% TELEVISA 9.93 ▲ 1.43% AMX 20.51 ▲ 0.39% GAP 370.99 ▼ 2.70% ASUR 274.22 ▼ 0.89% OMA 232.42 ▼ 1.59% KOF 186.91 ▼ 1.16% GRUMA 254.93 ▲ 0.01% KIMBER 40.38 ▼ 0.93% SQM-B 66,872 ▲ 1.65% COPEC 6,200 ▲ 1.39% BSANTANDER 81.15 ▲ 1.24% FALABELLA 6,468 ▼ 0.02% ENELAM 87.57 ▲ 0.19% CENCOSUD 2,035 ▼ 0.74% CMPC 1,045 ▲ 1.45% BANCO CHILE 189.72 ▲ 0.57% LATAM AIR 24.98 ▼ 3.18% YPF 8,090 ▲ 4.05% GGAL 7,290 ▼ 0.34% PAMPA 5,240 ▲ 0.67% TXAR 745.50 ▲ 4.19% ALUAR 935.50 ▲ 0.11% TGS 9,275 ▲ 1.53% CEPU 2,180 ▼ 1.27% MIRGOR 1,600 ▼ 1.84% COME 42.30 ▲ 2.40% LOMA NEGRA 3,238 ▼ 0.84% BYMA 287.50 ▼ 1.20% TELECOM ARG 4,550 ▲ 3.88% ECOPETROL 17.27 ▲ 2.92% BANCOLOMBIA 91.62 ▲ 3.12% GRUPO AVAL 5.25 ▲ 3.75% CREDICORP 385.24 ▼ 0.44% SOUTHERN COPPER 201.10 ▲ 1.02% BUENAVENTURA 34.50 ▲ 1.02% MERCADOLIBRE 1,825 ▲ 0.24% NUBANK 13.96 ▲ 0.83% XP 16.25 ▲ 0.06% PAGSEGURO 9.15 ▲ 0.05% STONE 10.45 ▼ 1.46% GLOBANT 38.85 ▲ 3.88% TECNOGLASS 41.80 ▼ 5.30% GAP AIRPORT 217.05 ▼ 2.54% ASUR 274.22 ▼ 0.89% OMA AIRPORT 108.37 ▼ 1.87% AMX ADR 23.91 ▲ 0.65% FEMSA ADR 120.38 ▼ 1.70% CEMEX ADR 11.42 ▲ 0.75% PETROBRAS ADR 18.51 ▲ 3.03% VALE ADR 14.80 ▲ 0.58% ITAU ADR 7.90 ▼ 0.57% SANTANDER BR 5.78 ▼ 0.52% AMBEV ADR 2.95 ▼ 1.67% CSN 0.90 ▼ 2.91% GERDAU 4.95 ▲ 0.20% LATAM ADR 54.40 ▼ 4.10% BTC 63,841 ▼ 1.55% ETH 1,871 ▼ 1.98% SOL 75.81 ▼ 0.53% XRP 1.02 ▼ 1.15% BNB 599.70 ▼ 0.34% ADA 0.19 ▼ 0.74% DOGE 0.07 ▲ 0.54% AVAX 6.48 ▲ 0.98% LINK 8.21 ▲ 0.43% DOT 0.80 ▲ 0.33% LTC 45.10 ▼ 0.67% BCH 213.41 ▼ 0.52% TRX 0.33 ▲ 0.32% XLM 0.16 ▼ 0.13% HBAR 0.07 ▼ 1.11% NEAR 1.60 ▲ 0.30% ATOM 1.41 ▲ 2.47% AAVE 89.50 ▼ 1.16% SELIC 14.00% EMBRAER 95.75 ▲ 3.49% EMBRAER ADR 74.57 ▲ 2.13% JBS 13.81 ▼ 2.99% JBS BDR 70.54 ▼ 2.15% MBRF3 15.77 ▼ 1.87% MBRFY 3.03 ▼ 2.88% INTER 5.38 ▲ 1.99% EGX 54,876 ▼ 0.45% USD/ZAR 16.20 ▲ 0.46% USD/NGN 1,359 ▼ 0.24% NIKKEI 66,970 ▲ 2.08% CSI300 4,702 ▲ 0.16% HSI 25,937 ▲ 1.05% NIFTY 24,584 ▲ 0.05% KOSPI 6,300 ▲ 0.65% JCI 6,365 ▼ 0.69% USD/JPY 159.18 ▲ 0.91% USD/CNY 6.7345 ▼ 0.04% DAX 26,324 ▲ 0.02% CAC 8,726 ▲ 0.13% FTSE 10,863 ▼ 0.35% MIB 53,664 ▼ 0.10% IBEX 20,173 ▼ 0.01% STOXX 660.45 ▲ 0.03% EUR/USD 1.1545 ▼ 0.15% GBP/USD 1.3509 ▲ 0.12% SPX 7,750 ▼ 0.10% DJI 53,877 ▼ 0.30% NDX 29,641 ▼ 0.27% RUT 3,016 ▼ 0.60% TSX 36,492 ▲ 0.30% VIX 15.34 ▲ 2.95% USD/CAD 1.3944 ▲ 0.06% US10Y 4.6990 ▲ 0.84%
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2018 World Cup Business - Brazil

Rousseff Takes World Cup Hardline

By · April 19, 2011 · 3 min read

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By Robbie Blakeley, Contributing Sports Reporter

RIO DE JANEIRO, BRAZIL – With the public concern that Brazil won’t be prepared in time to host the 2014 World Cup kick-off, president Dilma Rousseff is demanding checks every three months to ensure projects remain on schedule. Rousseff’s objective is to prove to the world that Brazil is ready to host major world events, and to expose the managers of city and stadium projects who are falling behind.

President Rousseff demands success in 2014 preparations, photo by Roberto Stuckert Filho/Wikimedia Creative Commons License.
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The warning from the president has intensified the pressure and spotlight on all twelve host cities, especially those overseeing construction works.

Any failure in three years time could have serious political repercussions for anyone in the firing line. Brazilian minister for sport Orlando Silva has thrown his support behind President Rousseff’s actions.

“We know what the problems are and we know how to resolve them,” he said last week. “Anyone who does not deliver as promised will have to pay the political price for this.”

The move is seen by the majority as a good one to avoid any embarrassing surprises later down the line; with a competition as gargantuan as the World Cup, and with strict deadlines in place, timing is of the essence. The international fallout if Brazil fails to deliver could be disastrous.

In addition, 2014 is the year of the next presidential election. Brazil’s, and subsequently, Rousseff’s success or failure in hosting the football tournament is seen by many as pivotal in her being elected for a second term.

“In accordance with public interest, everything should be done to avoid an awkward situation,” Rousseff commented. At the first meeting, which will take place later this month, Rousseff’s focus will be on transport; namely, travel across cities to stadiums as well as inter city travel for fans following their countries across Brazil.

She has also asked the new Secretary of Civil Aviation and the new director of Infraero, the company responsible for the restoration and rebuilding of several Brazilian airports, for a detailed analysis of the current situation. As the Brazilian economy becomes increasingly stronger, airports are struggling with the sudden influx of tourists from across the globe.

The Itaquera in São Paulo planned as a World Cup venue, image by SkyscraperCity.

The biggest transport problems presently lie in Fortaleza and Brasília. In the North-Eastern city, Luizianne Lins, the town mayor, has still not started work on widening roads, nor has he possessed the land earmarked for construction of the BRT, supposedly Fortaleza’s new express bus network.

In Brasília, work on a similar system has also stalled. Government ministers have blamed the slow work on restrictions on getting public work underway and have called for more lenient regulations regarding building work related to the World Cup.

São Paulo still remains the country’s main stadium concern, with no suggestions forthcoming over whether public money or a private investor will provide the funds for the new 65,000 seat stadium.

While it has been reported that Rousseff was willing to support the construction of a new São Paulo stadium for the World Cup, plans still not finalized, it becomes less realistic with each passing week.

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