IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL5.07▼ 0.40% USD/MXN17.40▼ 0.19% USD/CLP934.04▼ 0.05% USD/COP3,226▼ 1.31% USD/PEN3.39▲ 0.09% USD/ARS1,477▼ 0.30% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.21% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 1.21% BRENT 90.89 ▲ 1.87% WTI 84.11 ▲ 1.06% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.73% GOLD 4,075 ▲ 1.61% SILVER 59.10 ▲ 4.04% SOY 1,224 ▼ 0.18% CORN 476.00 ▲ 5.90% WHEAT 677.50 ▲ 0.52% COFFEE 323.90 ▼ 3.14% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 146.05 ▼ 0.92% COTTON 80.03 ▲ 3.44% COCOA 5,606 ▲ 1.56% BEEF 223.00 ▼ 1.56% CATTLE 345.28 ▼ 1.91% LITHIUM 69.24 ▲ 3.47% PETR4 41.56 ▲ 1.00% VALE3 72.35 ▲ 0.58% ITUB4 42.38 ▲ 0.19% BBDC4 18.51 ▲ 0.54% ABEV3 15.83 ▲ 0.25% BBAS3 20.65 ▲ 2.38% B3SA3 15.11 ▼ 0.98% WEGE3 42.63 ▼ 1.16% PRIO3 58.67 ▲ 1.70% SUZB3 41.63 ▼ 0.62% RENT3 36.60 ▼ 2.37% AZZA3 17.81 ▼ 1.98% CSAN3 3.77 ▼ 1.31% RAIZ4 0.27 — 0.00% PCAR3 2.71 ▲ 4.23% GMAT3 3.82 ▼ 0.78% PSSA3 53.30 ▼ 1.66% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.61 ▲ 0.29% NATU3 8.78 ▲ 1.74% BRKM5 5.86 ▼ 1.35% RANI3 7.89 ▼ 1.25% CSNA3 5.11 ▲ 0.79% CMIN3 5.47 ▲ 1.48% USIM5 8.43 ▲ 3.31% GGBR4 23.69 ▲ 0.30% ENEV3 25.37 ▼ 1.09% CPFE3 46.39 ▲ 0.15% CMIG4 11.02 — 0.00% EQTL3 38.57 ▼ 1.83% LREN3 13.19 ▼ 0.90% VIVT3 35.50 ▼ 0.48% RAIL3 13.27 ▼ 2.21% KLABIN 17.45 ▼ 0.17% RAIA DROGASIL 18.45 ▼ 1.28% RDOR3 33.33 ▼ 5.98% HAPV3 11.36 ▼ 1.65% FLRY3 16.45 ▼ 0.66% SMTO3 15.43 ▲ 0.13% UGPA3 31.53 ▼ 0.54% VBBR3 33.52 ▼ 1.73% BBSE3 41.13 ▲ 0.19% BPAC11 55.60 ▼ 0.43% CURY3 29.58 ▼ 2.02% AERI3 2.05 ▼ 0.97% VIVARA 21.38 ▼ 2.64% COMPASS 24.36 ▼ 0.98% VAMOS 3.10 ▲ 0.32% SANB11 27.27 ▲ 0.96% ASAI3 8.19 ▲ 0.61% SBSP3 28.55 ▼ 1.48% WALMEX 49.26 ▼ 0.24% GMEXICO 206.78 ▲ 2.96% FEMSA 227.15 ▲ 0.08% CEMEX 21.96 ▲ 0.37% GFNORTE 185.20 ▲ 2.89% BIMBO 59.16 ▼ 0.57% TELEVISA 9.81 ▲ 1.03% AMX 22.69 ▼ 0.22% GAP 377.41 ▼ 0.21% ASUR 272.38 ▼ 0.73% OMA 224.93 ▼ 0.67% KOF 181.06 ▲ 0.14% GRUMA 283.30 ▼ 1.50% KIMBER 38.30 ▼ 0.23% SQM-B 64,690 ▲ 2.49% COPEC 6,372 ▲ 2.78% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,894 ▲ 0.32% ENELAM 84.89 ▲ 0.93% CENCOSUD 2,011 ▲ 0.79% CMPC 1,095 ▲ 2.70% BANCO CHILE 190.20 ▲ 1.99% LATAM AIR 24.41 — 0.00% YPF 80,275 ▲ 1.36% GGAL 7,985 ▲ 1.78% PAMPA 5,435 ▲ 3.13% TXAR 664.00 ▼ 0.97% ALUAR 966.50 ▲ 0.73% TGS 9,665 ▲ 1.74% CEPU 2,355 ▲ 2.88% MIRGOR 16,750 ▼ 2.19% COME 43.11 ▲ 0.37% LOMA NEGRA 3,645 ▲ 2.03% BYMA 293.75 — 0.00% TELECOM ARG 4,213 ▲ 1.63% ECOPETROL 16.39 ▲ 2.25% BANCOLOMBIA 83.20 ▲ 2.94% GRUPO AVAL 5.00 ▲ 1.01% CREDICORP 395.01 ▲ 2.11% SOUTHERN COPPER 186.18 ▲ 6.34% BUENAVENTURA 31.23 ▲ 3.88% MERCADOLIBRE 1,816 ▼ 0.91% NUBANK 14.30 ▲ 2.18% XP 16.77 ▼ 0.21% PAGSEGURO 9.57 ▲ 2.96% STONE 11.30 ▲ 1.62% GLOBANT 31.92 ▼ 1.15% TECNOGLASS 45.95 ▼ 0.36% GAP AIRPORT 216.78 ▼ 0.16% ASUR 272.38 ▼ 0.73% OMA AIRPORT 103.61 ▼ 0.38% AMX ADR 26.04 ▼ 0.23% FEMSA ADR 130.06 ▲ 0.03% CEMEX ADR 12.65 ▲ 1.28% PETROBRAS ADR 18.47 ▲ 1.51% VALE ADR 14.25 ▲ 1.03% ITAU ADR 8.35 ▲ 0.36% SANTANDER BR 5.41 ▲ 0.74% AMBEV ADR 3.11 ▲ 0.81% CSN 1.02 ▲ 0.50% GERDAU 4.69 ▲ 0.11% LATAM ADR 52.19 ▲ 0.86% BTC 66,443 ▲ 1.86% ETH 1,925 ▲ 1.13% SOL 77.93 ▲ 0.18% XRP 1.15 ▲ 3.63% BNB 573.51 ▲ 0.49% ADA 0.17 ▲ 2.13% DOGE 0.07 ▲ 1.58% AVAX 6.62 ▲ 0.67% LINK 8.65 ▲ 0.76% DOT 0.85 ▲ 3.13% LTC 47.48 ▲ 0.30% BCH 225.55 ▲ 2.57% TRX 0.33 ▲ 0.58% XLM 0.19 ▲ 2.03% HBAR 0.07 ▲ 2.56% NEAR 1.93 ▼ 2.41% ATOM 1.49 ▼ 0.34% AAVE 95.84 ▲ 6.76% SELIC 14.25% EMBRAER 83.37 ▲ 0.10% EMBRAER ADR 65.99 ▲ 0.09% JBS 11.86 ▼ 1.45% JBS BDR 60.06 ▼ 1.20% MBRF3 15.15 ▲ 4.34% MBRFY 2.95 ▲ 1.37% INTER 5.58 ▼ 0.71% EGX 53,990 ▲ 1.63% USD/ZAR16.44▼ 0.51% USD/NGN1,376▼ 0.27% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY162.99▲ 0.30% USD/CNY6.76▼ 0.17% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD1.14▼ 0.03% GBP/USD1.34▼ 0.45% SPX 7,512 ▲ 0.93% DJI 52,350 ▲ 0.99% NDX 29,164 ▲ 1.96% RUT 2,979 ▲ 1.25% TSX 35,332 ▲ 1.06% VIX 17.11 ▼ 8.26% USD/CAD1.41▲ 0.21% US10Y 4.6300 ▲ 0.70% IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL 5.07 ▼ 0.40% USD/MXN 17.40 ▼ 0.19% USD/CLP 934.04 ▼ 0.05% USD/COP 3,226 ▼ 1.31% USD/PEN 3.39 ▲ 0.09% USD/ARS 1,477 ▼ 0.30% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.21% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.78 ▼ 1.21% BRENT 90.89 ▲ 1.87% WTI 84.11 ▲ 1.06% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.73% GOLD 4,075 ▲ 1.61% SILVER 59.10 ▲ 4.04% SOY 1,224 ▼ 0.18% CORN 476.00 ▲ 5.90% WHEAT 677.50 ▲ 0.52% COFFEE 323.90 ▼ 3.14% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 146.05 ▼ 0.92% COTTON 80.03 ▲ 3.44% COCOA 5,606 ▲ 1.56% BEEF 223.00 ▼ 1.56% CATTLE 345.28 ▼ 1.91% LITHIUM 69.24 ▲ 3.47% PETR4 41.56 ▲ 1.00% VALE3 72.35 ▲ 0.58% ITUB4 42.38 ▲ 0.19% BBDC4 18.51 ▲ 0.54% ABEV3 15.83 ▲ 0.25% BBAS3 20.65 ▲ 2.38% B3SA3 15.11 ▼ 0.98% WEGE3 42.63 ▼ 1.16% PRIO3 58.67 ▲ 1.70% SUZB3 41.63 ▼ 0.62% RENT3 36.60 ▼ 2.37% AZZA3 17.81 ▼ 1.98% CSAN3 3.77 ▼ 1.31% RAIZ4 0.27 — 0.00% PCAR3 2.71 ▲ 4.23% GMAT3 3.82 ▼ 0.78% PSSA3 53.30 ▼ 1.66% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.61 ▲ 0.29% NATU3 8.78 ▲ 1.74% BRKM5 5.86 ▼ 1.35% RANI3 7.89 ▼ 1.25% CSNA3 5.11 ▲ 0.79% CMIN3 5.47 ▲ 1.48% USIM5 8.43 ▲ 3.31% GGBR4 23.69 ▲ 0.30% ENEV3 25.37 ▼ 1.09% CPFE3 46.39 ▲ 0.15% CMIG4 11.02 — 0.00% EQTL3 38.57 ▼ 1.83% LREN3 13.19 ▼ 0.90% VIVT3 35.50 ▼ 0.48% RAIL3 13.27 ▼ 2.21% KLABIN 17.45 ▼ 0.17% RAIA DROGASIL 18.45 ▼ 1.28% RDOR3 33.33 ▼ 5.98% HAPV3 11.36 ▼ 1.65% FLRY3 16.45 ▼ 0.66% SMTO3 15.43 ▲ 0.13% UGPA3 31.53 ▼ 0.54% VBBR3 33.52 ▼ 1.73% BBSE3 41.13 ▲ 0.19% BPAC11 55.60 ▼ 0.43% CURY3 29.58 ▼ 2.02% AERI3 2.05 ▼ 0.97% VIVARA 21.38 ▼ 2.64% COMPASS 24.36 ▼ 0.98% VAMOS 3.10 ▲ 0.32% SANB11 27.27 ▲ 0.96% ASAI3 8.19 ▲ 0.61% SBSP3 28.55 ▼ 1.48% WALMEX 49.26 ▼ 0.24% GMEXICO 206.78 ▲ 2.96% FEMSA 227.15 ▲ 0.08% CEMEX 21.96 ▲ 0.37% GFNORTE 185.20 ▲ 2.89% BIMBO 59.16 ▼ 0.57% TELEVISA 9.81 ▲ 1.03% AMX 22.69 ▼ 0.22% GAP 377.41 ▼ 0.21% ASUR 272.38 ▼ 0.73% OMA 224.93 ▼ 0.67% KOF 181.06 ▲ 0.14% GRUMA 283.30 ▼ 1.50% KIMBER 38.30 ▼ 0.23% SQM-B 64,690 ▲ 2.49% COPEC 6,372 ▲ 2.78% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,894 ▲ 0.32% ENELAM 84.89 ▲ 0.93% CENCOSUD 2,011 ▲ 0.79% CMPC 1,095 ▲ 2.70% BANCO CHILE 190.20 ▲ 1.99% LATAM AIR 24.41 — 0.00% YPF 80,275 ▲ 1.36% GGAL 7,985 ▲ 1.78% PAMPA 5,435 ▲ 3.13% TXAR 664.00 ▼ 0.97% ALUAR 966.50 ▲ 0.73% TGS 9,665 ▲ 1.74% CEPU 2,355 ▲ 2.88% MIRGOR 16,750 ▼ 2.19% COME 43.11 ▲ 0.37% LOMA NEGRA 3,645 ▲ 2.03% BYMA 293.75 — 0.00% TELECOM ARG 4,213 ▲ 1.63% ECOPETROL 16.39 ▲ 2.25% BANCOLOMBIA 83.20 ▲ 2.94% GRUPO AVAL 5.00 ▲ 1.01% CREDICORP 395.01 ▲ 2.11% SOUTHERN COPPER 186.18 ▲ 6.34% BUENAVENTURA 31.23 ▲ 3.88% MERCADOLIBRE 1,816 ▼ 0.91% NUBANK 14.30 ▲ 2.18% XP 16.77 ▼ 0.21% PAGSEGURO 9.57 ▲ 2.96% STONE 11.30 ▲ 1.62% GLOBANT 31.92 ▼ 1.15% TECNOGLASS 45.95 ▼ 0.36% GAP AIRPORT 216.78 ▼ 0.16% ASUR 272.38 ▼ 0.73% OMA AIRPORT 103.61 ▼ 0.38% AMX ADR 26.04 ▼ 0.23% FEMSA ADR 130.06 ▲ 0.03% CEMEX ADR 12.65 ▲ 1.28% PETROBRAS ADR 18.47 ▲ 1.51% VALE ADR 14.25 ▲ 1.03% ITAU ADR 8.35 ▲ 0.36% SANTANDER BR 5.41 ▲ 0.74% AMBEV ADR 3.11 ▲ 0.81% CSN 1.02 ▲ 0.50% GERDAU 4.69 ▲ 0.11% LATAM ADR 52.19 ▲ 0.86% BTC 66,443 ▲ 1.86% ETH 1,925 ▲ 1.13% SOL 77.93 ▲ 0.18% XRP 1.15 ▲ 3.63% BNB 573.51 ▲ 0.49% ADA 0.17 ▲ 2.13% DOGE 0.07 ▲ 1.58% AVAX 6.62 ▲ 0.67% LINK 8.65 ▲ 0.76% DOT 0.85 ▲ 3.13% LTC 47.48 ▲ 0.30% BCH 225.55 ▲ 2.57% TRX 0.33 ▲ 0.58% XLM 0.19 ▲ 2.03% HBAR 0.07 ▲ 2.56% NEAR 1.93 ▼ 2.41% ATOM 1.49 ▼ 0.34% AAVE 95.84 ▲ 6.76% SELIC 14.25% EMBRAER 83.37 ▲ 0.10% EMBRAER ADR 65.99 ▲ 0.09% JBS 11.86 ▼ 1.45% JBS BDR 60.06 ▼ 1.20% MBRF3 15.15 ▲ 4.34% MBRFY 2.95 ▲ 1.37% INTER 5.58 ▼ 0.71% EGX 53,990 ▲ 1.63% USD/ZAR 16.45 ▼ 0.30% USD/NGN 1,376 ▲ 0.02% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 163.00 ▲ 0.33% USD/CNY 6.7554 ▼ 0.03% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD 1.1412 ▼ 0.02% GBP/USD 1.3384 ▼ 0.31% SPX 7,512 ▲ 0.93% DJI 52,350 ▲ 0.99% NDX 29,164 ▲ 1.96% RUT 2,979 ▲ 1.25% TSX 35,332 ▲ 1.06% VIX 17.11 ▼ 8.26% USD/CAD 1.4097 ▲ 0.13% US10Y 4.6300 ▲ 0.70%
since 2009
Tuesday, July 21, 2026

2018 World Cup Business - Brazil

Rousseff Takes World Cup Hardline

By · April 19, 2011 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

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.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

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.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.