IBOV 177,111.98 ▲ 2.18% IPSA 11,000.25 ▲ 0.42% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,367,917 ▲ 2.62% COLCAP 2,305.03 ▲ 0.16% BVL PERÚ 57,575.02 — — USD/BRL5.05▼ 0.37% USD/MXN17.41▼ 0.05% USD/CLP937.05▲ 0.14% USD/COP3,204▼ 1.59% USD/PEN3.40▲ 0.08% USD/ARS1,482▲ 0.30% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.93% BRENT 94.27 ▲ 3.58% WTI 87.10 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.48 ▼ 0.49% GOLD 4,141 ▲ 1.71% SILVER 60.17 ▲ 2.27% SOY 1,238 ▲ 1.54% CORN 484.25 ▲ 6.96% WHEAT 706.25 ▲ 4.17% COFFEE 318.05 ▼ 4.19% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.36 ▲ 3.04% COCOA 5,353 ▼ 4.53% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.05 ▼ 0.04% PETR4 42.49 ▲ 1.99% VALE3 75.03 ▲ 3.86% ITUB4 42.88 ▲ 0.82% BBDC4 18.91 ▲ 1.94% ABEV3 16.11 ▲ 1.96% BBAS3 21.06 ▲ 0.86% B3SA3 15.86 ▲ 4.55% WEGE3 46.49 ▲ 9.47% PRIO3 59.91 ▲ 2.97% SUZB3 42.46 ▲ 1.99% RENT3 37.40 ▲ 2.33% AZZA3 17.63 ▲ 0.86% CSAN3 3.92 ▲ 3.70% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.90 ▲ 1.83% PSSA3 55.41 ▲ 3.61% CVCB3 1.28 ▲ 14.29% POSI3 3.72 ▲ 1.09% SLCE3 13.94 ▲ 1.38% NATU3 8.75 ▲ 0.46% BRKM5 6.11 ▲ 7.01% RANI3 8.03 ▲ 1.77% CSNA3 5.39 ▲ 6.52% CMIN3 5.86 ▲ 5.02% USIM5 8.68 ▲ 2.60% GGBR4 23.89 ▲ 1.70% ENEV3 26.01 ▲ 2.32% CPFE3 46.63 ▲ 0.50% CMIG4 11.23 ▲ 1.91% EQTL3 39.57 ▲ 1.91% LREN3 13.50 ▲ 1.73% VIVT3 35.43 ▼ 1.03% RAIL3 13.62 ▲ 2.87% KLABIN 17.93 ▲ 1.93% RAIA DROGASIL 18.45 ▲ 1.77% RDOR3 34.63 ▲ 2.09% HAPV3 11.53 ▲ 2.58% FLRY3 16.68 ▲ 0.79% SMTO3 16.11 ▲ 3.40% UGPA3 32.80 ▲ 3.08% VBBR3 34.73 ▲ 2.30% BBSE3 42.73 ▲ 2.84% BPAC11 57.30 ▲ 3.49% CURY3 30.38 ▲ 1.44% AERI3 2.05 ▲ 0.49% VIVARA 21.57 ▲ 0.75% COMPASS 24.91 ▲ 1.92% VAMOS 3.22 ▲ 4.21% SANB11 26.84 ▼ 1.36% ASAI3 8.42 ▲ 2.06% SBSP3 29.42 ▲ 2.87% WALMEX 48.81 ▼ 0.69% GMEXICO 214.50 ▲ 2.65% FEMSA 227.94 ▲ 0.53% CEMEX 22.18 ▲ 0.50% GFNORTE 191.68 ▲ 3.16% BIMBO 60.32 ▲ 1.57% TELEVISA 9.85 ▲ 0.92% AMX 22.66 ▼ 0.44% GAP 377.81 ▼ 0.19% ASUR 273.34 ▼ 0.59% OMA 229.56 ▲ 1.46% KOF 183.10 ▲ 1.46% GRUMA 279.74 ▼ 1.01% KIMBER 38.95 ▲ 1.43% SQM-B 65,101 ▲ 0.87% COPEC 6,541 ▲ 1.41% BSANTANDER 79.69 ▲ 0.86% FALABELLA 6,026 ▲ 1.81% ENELAM 84.57 ▲ 0.05% CENCOSUD 2,015 ▼ 0.64% CMPC 1,075 ▼ 0.82% BANCO CHILE 192.10 ▲ 1.10% LATAM AIR 24.07 ▼ 0.54% YPF 82,500 ▲ 2.33% GGAL 8,285 ▲ 4.02% PAMPA 5,615 ▲ 2.56% TXAR 672.50 ▼ 0.96% ALUAR 967.00 ▼ 0.62% TGS 9,930 ▲ 2.27% CEPU 2,428 ▲ 3.76% MIRGOR 16,825 ▲ 0.30% COME 43.22 ▲ 0.82% LOMA NEGRA 3,843 ▲ 6.59% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,410 ▲ 3.64% ECOPETROL 16.74 ▲ 1.24% BANCOLOMBIA 84.62 ▲ 1.17% GRUPO AVAL 5.01 ▼ 1.57% CREDICORP 391.56 ▲ 0.12% SOUTHERN COPPER 194.74 ▲ 3.58% BUENAVENTURA 32.01 ▲ 2.43% MERCADOLIBRE 1,802 ▼ 1.12% NUBANK 14.42 ▲ 0.21% XP 17.26 ▲ 2.40% PAGSEGURO 9.67 ▲ 0.94% STONE 11.34 ▲ 0.76% GLOBANT 31.01 ▼ 3.41% TECNOGLASS 45.31 ▲ 0.34% GAP AIRPORT 217.19 ▼ 0.23% ASUR 273.34 ▼ 0.59% OMA AIRPORT 105.61 ▲ 1.32% AMX ADR 26.02 ▼ 0.27% FEMSA ADR 131.02 ▲ 0.51% CEMEX ADR 12.76 ▲ 0.43% PETROBRAS ADR 18.95 ▲ 2.18% VALE ADR 14.81 ▲ 3.92% ITAU ADR 8.48 ▲ 0.89% SANTANDER BR 5.44 ▲ 0.55% AMBEV ADR 3.15 ▲ 1.29% CSN 1.08 ▲ 7.50% GERDAU 4.73 ▲ 1.83% LATAM ADR 51.14 ▼ 0.83% BTC 65,722 ▼ 1.18% ETH 1,924 ▼ 0.23% SOL 77.40 ▼ 0.91% XRP 1.14 ▼ 0.47% BNB 568.74 ▼ 0.85% ADA 0.17 ▲ 0.55% DOGE 0.07 ▼ 1.31% AVAX 6.57 ▲ 0.13% LINK 8.60 ▼ 0.58% DOT 0.84 ▼ 1.04% LTC 47.01 ▲ 0.41% BCH 218.94 ▼ 2.13% TRX 0.33 ▼ 0.38% XLM 0.19 ▼ 2.38% HBAR 0.07 ▲ 3.11% NEAR 1.86 ▼ 4.04% ATOM 1.46 ▼ 1.35% AAVE 97.49 ▲ 2.01% SELIC 14.25% EMBRAER 83.65 ▲ 1.21% EMBRAER ADR 66.15 ▲ 1.04% JBS 12.24 ▲ 2.38% JBS BDR 61.75 ▲ 2.54% MBRF3 16.09 ▲ 6.49% MBRFY 3.17 ▲ 7.46% INTER 5.69 ▲ 1.97% EGX 53,932 ▼ 0.11% USD/ZAR16.40▼ 0.44% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.14▼ 0.02% USD/CNY6.77▲ 0.09% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD1.14▲ 0.12% GBP/USD1.34▼ 0.45% SPX 7,510 ▲ 0.01% DJI 52,288 ▲ 0.12% NDX 29,082 ▼ 0.25% RUT 2,962 ▼ 0.85% TSX 35,483 ▲ 0.32% VIX 16.96 ▼ 0.53% USD/CAD1.41▼ 0.15% US10Y 4.6540 ▲ 0.56% IBOV 177,111.98 ▲ 2.18% IPSA 11,000.25 ▲ 0.42% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,367,917 ▲ 2.62% COLCAP 2,305.03 ▲ 0.16% BVL PERÚ 57,575.02 — — USD/BRL 5.05 ▼ 0.37% USD/MXN 17.41 ▼ 0.05% USD/CLP 937.05 ▲ 0.14% USD/COP 3,204 ▼ 1.59% USD/PEN 3.40 ▲ 0.08% USD/ARS 1,482 ▲ 0.30% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.93% BRENT 94.27 ▲ 3.58% WTI 87.10 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.48 ▼ 0.49% GOLD 4,141 ▲ 1.71% SILVER 60.17 ▲ 2.27% SOY 1,238 ▲ 1.54% CORN 484.25 ▲ 6.96% WHEAT 706.25 ▲ 4.17% COFFEE 318.05 ▼ 4.19% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.36 ▲ 3.04% COCOA 5,353 ▼ 4.53% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.05 ▼ 0.04% PETR4 42.49 ▲ 1.99% VALE3 75.03 ▲ 3.86% ITUB4 42.88 ▲ 0.82% BBDC4 18.91 ▲ 1.94% ABEV3 16.11 ▲ 1.96% BBAS3 21.06 ▲ 0.86% B3SA3 15.86 ▲ 4.55% WEGE3 46.49 ▲ 9.47% PRIO3 59.91 ▲ 2.97% SUZB3 42.46 ▲ 1.99% RENT3 37.40 ▲ 2.33% AZZA3 17.63 ▲ 0.86% CSAN3 3.92 ▲ 3.70% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.90 ▲ 1.83% PSSA3 55.41 ▲ 3.61% CVCB3 1.28 ▲ 14.29% POSI3 3.72 ▲ 1.09% SLCE3 13.94 ▲ 1.38% NATU3 8.75 ▲ 0.46% BRKM5 6.11 ▲ 7.01% RANI3 8.03 ▲ 1.77% CSNA3 5.39 ▲ 6.52% CMIN3 5.86 ▲ 5.02% USIM5 8.68 ▲ 2.60% GGBR4 23.89 ▲ 1.70% ENEV3 26.01 ▲ 2.32% CPFE3 46.63 ▲ 0.50% CMIG4 11.23 ▲ 1.91% EQTL3 39.57 ▲ 1.91% LREN3 13.50 ▲ 1.73% VIVT3 35.43 ▼ 1.03% RAIL3 13.62 ▲ 2.87% KLABIN 17.93 ▲ 1.93% RAIA DROGASIL 18.45 ▲ 1.77% RDOR3 34.63 ▲ 2.09% HAPV3 11.53 ▲ 2.58% FLRY3 16.68 ▲ 0.79% SMTO3 16.11 ▲ 3.40% UGPA3 32.80 ▲ 3.08% VBBR3 34.73 ▲ 2.30% BBSE3 42.73 ▲ 2.84% BPAC11 57.30 ▲ 3.49% CURY3 30.38 ▲ 1.44% AERI3 2.05 ▲ 0.49% VIVARA 21.57 ▲ 0.75% COMPASS 24.91 ▲ 1.92% VAMOS 3.22 ▲ 4.21% SANB11 26.84 ▼ 1.36% ASAI3 8.42 ▲ 2.06% SBSP3 29.42 ▲ 2.87% WALMEX 48.81 ▼ 0.69% GMEXICO 214.50 ▲ 2.65% FEMSA 227.94 ▲ 0.53% CEMEX 22.18 ▲ 0.50% GFNORTE 191.68 ▲ 3.16% BIMBO 60.32 ▲ 1.57% TELEVISA 9.85 ▲ 0.92% AMX 22.66 ▼ 0.44% GAP 377.81 ▼ 0.19% ASUR 273.34 ▼ 0.59% OMA 229.56 ▲ 1.46% KOF 183.10 ▲ 1.46% GRUMA 279.74 ▼ 1.01% KIMBER 38.95 ▲ 1.43% SQM-B 65,101 ▲ 0.87% COPEC 6,541 ▲ 1.41% BSANTANDER 79.69 ▲ 0.86% FALABELLA 6,026 ▲ 1.81% ENELAM 84.57 ▲ 0.05% CENCOSUD 2,015 ▼ 0.64% CMPC 1,075 ▼ 0.82% BANCO CHILE 192.10 ▲ 1.10% LATAM AIR 24.07 ▼ 0.54% YPF 82,500 ▲ 2.33% GGAL 8,285 ▲ 4.02% PAMPA 5,615 ▲ 2.56% TXAR 672.50 ▼ 0.96% ALUAR 967.00 ▼ 0.62% TGS 9,930 ▲ 2.27% CEPU 2,428 ▲ 3.76% MIRGOR 16,825 ▲ 0.30% COME 43.22 ▲ 0.82% LOMA NEGRA 3,843 ▲ 6.59% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,410 ▲ 3.64% ECOPETROL 16.74 ▲ 1.24% BANCOLOMBIA 84.62 ▲ 1.17% GRUPO AVAL 5.01 ▼ 1.57% CREDICORP 391.56 ▲ 0.12% SOUTHERN COPPER 194.74 ▲ 3.58% BUENAVENTURA 32.01 ▲ 2.43% MERCADOLIBRE 1,802 ▼ 1.12% NUBANK 14.42 ▲ 0.21% XP 17.26 ▲ 2.40% PAGSEGURO 9.67 ▲ 0.94% STONE 11.34 ▲ 0.76% GLOBANT 31.01 ▼ 3.41% TECNOGLASS 45.31 ▲ 0.34% GAP AIRPORT 217.19 ▼ 0.23% ASUR 273.34 ▼ 0.59% OMA AIRPORT 105.61 ▲ 1.32% AMX ADR 26.02 ▼ 0.27% FEMSA ADR 131.02 ▲ 0.51% CEMEX ADR 12.76 ▲ 0.43% PETROBRAS ADR 18.95 ▲ 2.18% VALE ADR 14.81 ▲ 3.92% ITAU ADR 8.48 ▲ 0.89% SANTANDER BR 5.44 ▲ 0.55% AMBEV ADR 3.15 ▲ 1.29% CSN 1.08 ▲ 7.50% GERDAU 4.73 ▲ 1.83% LATAM ADR 51.14 ▼ 0.83% BTC 65,722 ▼ 1.18% ETH 1,924 ▼ 0.23% SOL 77.40 ▼ 0.91% XRP 1.14 ▼ 0.47% BNB 568.74 ▼ 0.85% ADA 0.17 ▲ 0.55% DOGE 0.07 ▼ 1.31% AVAX 6.57 ▲ 0.13% LINK 8.60 ▼ 0.58% DOT 0.84 ▼ 1.04% LTC 47.01 ▲ 0.41% BCH 218.94 ▼ 2.13% TRX 0.33 ▼ 0.38% XLM 0.19 ▼ 2.38% HBAR 0.07 ▲ 3.11% NEAR 1.86 ▼ 4.04% ATOM 1.46 ▼ 1.35% AAVE 97.49 ▲ 2.01% SELIC 14.25% EMBRAER 83.65 ▲ 1.21% EMBRAER ADR 66.15 ▲ 1.04% JBS 12.24 ▲ 2.38% JBS BDR 61.75 ▲ 2.54% MBRF3 16.09 ▲ 6.49% MBRFY 3.17 ▲ 7.46% INTER 5.69 ▲ 1.97% EGX 53,932 ▼ 0.11% USD/ZAR 16.40 ▼ 0.34% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.13 ▼ 0.01% USD/CNY 6.7639 ▲ 0.10% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD 1.1414 ▲ 0.09% GBP/USD 1.3374 ▼ 0.04% SPX 7,510 ▲ 0.01% DJI 52,288 ▲ 0.12% NDX 29,082 ▼ 0.25% RUT 2,962 ▼ 0.85% TSX 35,483 ▲ 0.32% VIX 16.96 ▼ 0.53% USD/CAD 1.4085 ▼ 0.15% US10Y 4.6540 ▲ 0.56%
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Vila Autódromo Favela Resists Eviction in Rio

By · October 11, 2011 · 3 min read

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By Zoë Roller, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Last week the mayor’s office announced Vila Autódromo, a small community on the shore of Lake Jacarepaguá, would be demolished in preparation for the 2016 Olympic Games despite a long period of negotiation with residents. The city is looking for private investors to help cover the costs of the Olympic facilities, prompting critics to question the motive behind the evictions.

Vila Autódromo favela faces removal for Olympic Park construction, Rio de Janeiro, Brazil News
Vila Autódromo favela faces removal for Olympic Park construction, photo by Virus Planetario.
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As reported by O Globo, Vila Autódromo’s removal in 2013 is certain, and residents will be offered houses in Carioca Residential Park, a new housing development. However, according to community leaders, the case is still in court and has not yet been decided.

Vila Autódromo was built by fishermen in the 1970s, and many residents moved there after being evicted from other favelas in Jacarepaguá. It is not controlled by drug traffickers or militias, according to community spokespeople, and most residents pay property taxes.

The community’s struggle against eviction began in 1993 when then Mayor Cesar Maia decided to remove large favelas in Zona Oeste (West Zone), citing environmental concerns. Several were demolished, but Vila Autódromo’s residents worked with the Public Defenders office to take the case to court. In 1994, Governor Leonel Brizola granted residents titles to use the land for forty years.

Vila Autódromo was threatened with removal again in 2009, when Mayor Eduardo Paes announced that the site was needed in order to clear the area and maintain a “security perimeter” around the Olympic Park.

Over the past two years residents of Vila Autódromo, under the leadership of residents’ association president Altair Guimarães and activist Jane Nascimento de Oliveira, have resisted eviction and suggested alternatives. Along with community leaders in other favelas, they have organized numerous demonstrations at Rio’s City Hall, met with Mayor Paes and Housing Secretary Jorge Bittar, and called for an official investigation into housing rights’ violations.

Community leader Altair Guimarães, image recreation.

Critics have suggested that the government wants to clear the way for real estate development and to curry favor with Paes’ campaign contributors. The city is seeking private investment to help shoulder the costs of the Olympic Park, estimated at R$1.3 billion. The document allowing the removal, called a Public-Private Partnership, stipulates that 75 percent of the site will be opened to developers after the Games.

According to news publisher Estadão, the city government bought the land for Carioca Residential Park for R$19.9 million from Rossi Residencial and PDG Realty, two major contributors to Paes’ last mayoral campaign.

The sale was apparently finalized without a bidding process, although the law requires bidding for public land acquisitions. Rossi and PDG are both constructing new developments near Vila Autódromo, and their property values are expected to go up if the favela is removed.

On the opposite side of the issue are the business developers anxious to take advantage of the tremendous attention and investment pouring into Rio de Janeiro for the 2014 World Cup and 2016 Olympic Games. Around 120,000 jobs per year are expected to be created as a consequence of the Games until 2016, and then a further 130,000 jobs per year until 2027, according to research by the Ministry of Sport.

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