IBOV 176,775.39 ▲ 0.82% IPSA 10,876.72 ▼ 0.80% IPC MEX 67,183.26 ▲ 1.20% MERVAL 3,251,227 ▼ 1.64% COLCAP 2,275.16 ▼ 0.34% BVL PERÚ 57,237.60 — — USD/BRL5.12▲ 0.02% USD/MXN17.43▼ 0.11% USD/CLP936.79▼ 0.33% USD/COP3,206▼ 0.35% USD/PEN3.40▼ 0.06% USD/ARS1,499▲ 0.13% USD/UYU40.20▲ 1.42% USD/PYG6,020▲ 1.46% USD/BOB11.30▲ 3.36% USD/DOP57.82▲ 0.47% USD/CRC449.99▲ 1.60% USD/GTQ7.62▲ 2.22% USD/HNL26.76▲ 1.54% USD/NIO36.62▲ 0.69% USD/VES740.95▼ 0.05% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.17▲ 0.06% USD/TTD6.75▲ 1.25% EUR/BRL5.82▲ 0.68% BRENT 86.73 ▼ 1.84% WTI 81.26 ▼ 1.63% IRON ORE 161.91 — — COPPER 6.32 ▼ 0.33% GOLD 4,019 ▼ 1.35% SILVER 57.08 ▼ 2.39% SOY 1,216 ▲ 0.58% CORN 479.50 ▲ 6.14% WHEAT 664.00 ▲ 0.61% COFFEE 338.30 ▲ 4.24% SUGAR 14.51 ▼ 0.48% ORANGE JUICE 135.35 ▼ 4.31% COTTON 79.91 ▲ 0.72% COCOA 5,066 ▼ 0.67% BEEF 220.58 ▼ 2.06% CATTLE 336.88 ▼ 0.41% LITHIUM 66.59 ▼ 2.97% PETR4 41.68 ▲ 1.63% VALE3 75.46 ▼ 0.30% ITUB4 42.87 ▲ 0.42% BBDC4 18.90 ▲ 1.02% ABEV3 16.33 ▲ 2.96% BBAS3 20.70 ▲ 0.98% B3SA3 15.96 ▲ 1.53% WEGE3 46.62 ▲ 0.47% PRIO3 56.88 ▲ 2.10% SUZB3 43.31 ▲ 3.44% RENT3 38.38 ▲ 1.75% AZZA3 17.43 ▲ 1.87% CSAN3 3.98 ▲ 0.76% RAIZ4 0.25 ▼ 3.85% PCAR3 2.78 ▲ 1.46% GMAT3 3.97 ▲ 3.66% PSSA3 54.91 ▲ 1.14% CVCB3 1.34 ▼ 1.47% POSI3 3.61 ▲ 2.56% SLCE3 13.42 ▲ 0.30% NATU3 8.50 ▲ 0.12% BRKM5 6.25 ▲ 2.80% RANI3 8.13 ▲ 2.52% CSNA3 5.67 ▼ 0.70% CMIN3 5.89 ▲ 1.55% USIM5 8.75 ▲ 1.63% GGBR4 25.30 ▲ 3.35% ENEV3 25.89 ▲ 1.65% CPFE3 46.02 ▲ 2.84% CMIG4 11.35 ▲ 1.61% EQTL3 39.62 ▲ 2.11% LREN3 13.99 ▲ 1.89% VIVT3 34.47 ▼ 4.54% RAIL3 14.09 ▲ 2.10% KLABIN 18.25 ▲ 3.22% RAIA DROGASIL 18.60 ▲ 2.37% RDOR3 34.26 ▲ 1.96% HAPV3 10.42 ▲ 2.26% FLRY3 16.96 ▲ 2.60% SMTO3 14.36 ▼ 2.11% UGPA3 32.49 ▲ 1.25% VBBR3 35.38 ▲ 2.55% BBSE3 41.09 ▲ 1.36% BPAC11 56.29 ▲ 1.33% CURY3 30.71 ▲ 1.05% AERI3 2.07 ▲ 0.98% VIVARA 22.57 ▲ 2.54% COMPASS 25.55 ▲ 0.99% VAMOS 3.30 ▲ 4.10% SANB11 27.68 ▲ 1.17% ASAI3 8.34 ▲ 2.84% SBSP3 29.21 ▲ 1.18% WALMEX 48.80 ▲ 0.83% GMEXICO 208.48 ▼ 0.49% FEMSA 234.80 ▲ 1.64% CEMEX 21.40 ▲ 0.14% GFNORTE 198.49 ▲ 1.05% BIMBO 59.89 ▲ 1.32% TELEVISA 10.10 ▲ 2.23% AMX 22.68 ▲ 0.98% GAP 384.73 ▲ 2.43% ASUR 273.40 ▲ 1.80% OMA 234.06 ▲ 2.33% KOF 193.04 ▲ 1.77% GRUMA 270.97 ▲ 0.91% KIMBER 40.73 ▲ 2.08% SQM-B 62,802 ▼ 2.86% COPEC 6,237 ▼ 0.19% BSANTANDER 80.07 ▼ 0.87% FALABELLA 6,190 ▲ 0.56% ENELAM 85.93 ▲ 0.05% CENCOSUD 1,900 ▼ 0.77% CMPC 1,034 ▼ 0.53% BANCO CHILE 192.09 ▼ 0.61% LATAM AIR 24.38 ▼ 0.89% YPF 80,825 ▼ 0.49% GGAL 7,715 ▼ 3.08% PAMPA 5,450 ▼ 0.46% TXAR 666.00 ▼ 1.19% ALUAR 990.00 ▲ 0.56% TGS 9,570 ▼ 1.44% CEPU 2,325 ▼ 2.43% MIRGOR 16,550 ▼ 1.63% COME 42.08 ▼ 0.90% LOMA NEGRA 3,693 ▼ 0.40% BYMA 299.50 ▼ 1.07% TELECOM ARG 4,398 ▼ 2.06% ECOPETROL 15.66 ▼ 0.89% BANCOLOMBIA 87.54 ▼ 0.45% GRUPO AVAL 4.66 ▼ 3.32% CREDICORP 386.40 ▼ 1.17% SOUTHERN COPPER 173.47 ▼ 3.26% BUENAVENTURA 30.64 ▼ 3.42% MERCADOLIBRE 1,863 ▲ 2.39% NUBANK 14.60 ▲ 0.48% XP 16.79 ▲ 0.27% PAGSEGURO 9.38 — 0.00% STONE 10.91 ▲ 0.18% GLOBANT 34.84 ▲ 6.74% TECNOGLASS 47.59 ▲ 4.87% GAP AIRPORT 219.50 ▲ 1.49% ASUR 273.40 ▲ 1.80% OMA AIRPORT 106.80 ▲ 1.91% AMX ADR 25.98 ▲ 1.07% FEMSA ADR 134.09 ▲ 1.47% CEMEX ADR 12.19 ▼ 0.12% PETROBRAS ADR 18.38 ▲ 2.08% VALE ADR 14.69 ▼ 0.64% ITAU ADR 8.36 ▼ 0.18% SANTANDER BR 5.51 ▲ 1.29% AMBEV ADR 3.15 ▲ 2.61% CSN 1.12 ▼ 0.45% GERDAU 4.96 ▲ 2.70% LATAM ADR 51.73 ▼ 1.11% BTC 63,102 ▼ 0.98% ETH 1,875 ▼ 0.84% SOL 72.87 ▼ 1.72% XRP 1.05 ▼ 1.44% BNB 565.46 ▼ 0.05% ADA 0.16 ▲ 0.50% DOGE 0.07 ▼ 0.84% AVAX 6.42 ▲ 0.37% LINK 8.27 ▼ 1.11% DOT 0.76 ▼ 0.18% LTC 46.09 ▲ 0.20% BCH 210.08 ▼ 0.77% TRX 0.32 ▼ 0.15% XLM 0.17 ▼ 0.90% HBAR 0.07 ▼ 0.64% NEAR 1.64 ▼ 2.70% ATOM 1.29 ▼ 0.71% AAVE 97.81 ▼ 0.04% SELIC 14.25% EMBRAER 86.90 — 0.00% EMBRAER ADR 67.93 ▼ 0.09% JBS 13.97 ▲ 3.06% JBS BDR 71.43 ▲ 3.18% MBRF3 16.40 ▲ 3.21% MBRFY 3.12 ▲ 9.09% INTER 5.57 ▲ 0.09% EGX 53,730 ▲ 0.18% USD/ZAR 16.74 — 0.00% USD/NGN1,363▼ 0.09% NIKKEI 62,365 ▼ 3.95% CSI300 4,570 ▼ 2.83% HSI 25,311 ▲ 0.41% NIFTY 23,985 ▼ 0.04% KOSPI 6,024 ▼ 10.84% JCI 6,131 ▼ 0.89% USD/JPY163.84▲ 0.06% USD/CNY6.76▼ 0.09% DAX 25,386 ▲ 0.10% CAC 8,454 ▲ 0.57% FTSE 10,883 ▲ 0.93% MIB 51,686 ▼ 0.71% IBEX 19,725 ▼ 0.08% STOXX 646.20 ▲ 0.25% EUR/USD1.14▲ 0.11% GBP/USD1.33▼ 0.40% SPX 7,401 ▼ 0.17% DJI 52,623 ▲ 0.79% NDX 27,552 ▼ 1.74% RUT 2,928 ▼ 0.68% TSX 35,545 ▼ 0.07% VIX 19.06 ▲ 2.09% USD/CAD1.41▼ 0.16% US10Y 4.6140 ▼ 0.58% IBOV 176,775.39 ▲ 0.82% IPSA 10,876.72 ▼ 0.80% IPC MEX 67,183.26 ▲ 1.20% MERVAL 3,251,227 ▼ 1.64% COLCAP 2,275.16 ▼ 0.34% BVL PERÚ 57,237.60 — — USD/BRL 5.12 ▲ 0.02% USD/MXN 17.43 ▼ 0.11% USD/CLP 936.79 ▼ 0.33% USD/COP 3,206 ▼ 0.35% USD/PEN 3.40 ▼ 0.06% USD/ARS 1,499 ▲ 0.13% USD/UYU 40.20 ▲ 1.42% USD/PYG 6,020 ▲ 1.46% USD/BOB 11.30 ▲ 3.36% USD/DOP 57.82 ▲ 0.47% USD/CRC 449.99 ▲ 1.60% USD/GTQ 7.62 ▲ 2.22% USD/HNL 26.76 ▲ 1.54% USD/NIO 36.62 ▲ 0.69% USD/VES 740.95 ▼ 0.05% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.17 ▲ 0.06% USD/TTD 6.75 ▲ 1.25% EUR/BRL 5.82 ▲ 0.63% BRENT 86.73 ▼ 1.84% WTI 81.26 ▼ 1.63% IRON ORE 161.91 — — COPPER 6.32 ▼ 0.33% GOLD 4,019 ▼ 1.35% SILVER 57.08 ▼ 2.39% SOY 1,216 ▲ 0.58% CORN 479.50 ▲ 6.14% WHEAT 664.00 ▲ 0.61% COFFEE 338.30 ▲ 4.24% SUGAR 14.51 ▼ 0.48% ORANGE JUICE 135.35 ▼ 4.31% COTTON 79.91 ▲ 0.72% COCOA 5,066 ▼ 0.67% BEEF 220.58 ▼ 2.06% CATTLE 336.88 ▼ 0.41% LITHIUM 66.59 ▼ 2.97% PETR4 41.68 ▲ 1.63% VALE3 75.46 ▼ 0.30% ITUB4 42.87 ▲ 0.42% BBDC4 18.90 ▲ 1.02% ABEV3 16.33 ▲ 2.96% BBAS3 20.70 ▲ 0.98% B3SA3 15.96 ▲ 1.53% WEGE3 46.62 ▲ 0.47% PRIO3 56.88 ▲ 2.10% SUZB3 43.31 ▲ 3.44% RENT3 38.38 ▲ 1.75% AZZA3 17.43 ▲ 1.87% CSAN3 3.98 ▲ 0.76% RAIZ4 0.25 ▼ 3.85% PCAR3 2.78 ▲ 1.46% GMAT3 3.97 ▲ 3.66% PSSA3 54.91 ▲ 1.14% CVCB3 1.34 ▼ 1.47% POSI3 3.61 ▲ 2.56% SLCE3 13.42 ▲ 0.30% NATU3 8.50 ▲ 0.12% BRKM5 6.25 ▲ 2.80% RANI3 8.13 ▲ 2.52% CSNA3 5.67 ▼ 0.70% CMIN3 5.89 ▲ 1.55% USIM5 8.75 ▲ 1.63% GGBR4 25.30 ▲ 3.35% ENEV3 25.89 ▲ 1.65% CPFE3 46.02 ▲ 2.84% CMIG4 11.35 ▲ 1.61% EQTL3 39.62 ▲ 2.11% LREN3 13.99 ▲ 1.89% VIVT3 34.47 ▼ 4.54% RAIL3 14.09 ▲ 2.10% KLABIN 18.25 ▲ 3.22% RAIA DROGASIL 18.60 ▲ 2.37% RDOR3 34.26 ▲ 1.96% HAPV3 10.42 ▲ 2.26% FLRY3 16.96 ▲ 2.60% SMTO3 14.36 ▼ 2.11% UGPA3 32.49 ▲ 1.25% VBBR3 35.38 ▲ 2.55% BBSE3 41.09 ▲ 1.36% BPAC11 56.29 ▲ 1.33% CURY3 30.71 ▲ 1.05% AERI3 2.07 ▲ 0.98% VIVARA 22.57 ▲ 2.54% COMPASS 25.55 ▲ 0.99% VAMOS 3.30 ▲ 4.10% SANB11 27.68 ▲ 1.17% ASAI3 8.34 ▲ 2.84% SBSP3 29.21 ▲ 1.18% WALMEX 48.80 ▲ 0.83% GMEXICO 208.48 ▼ 0.49% FEMSA 234.80 ▲ 1.64% CEMEX 21.40 ▲ 0.14% GFNORTE 198.49 ▲ 1.05% BIMBO 59.89 ▲ 1.32% TELEVISA 10.10 ▲ 2.23% AMX 22.68 ▲ 0.98% GAP 384.73 ▲ 2.43% ASUR 273.40 ▲ 1.80% OMA 234.06 ▲ 2.33% KOF 193.04 ▲ 1.77% GRUMA 270.97 ▲ 0.91% KIMBER 40.73 ▲ 2.08% SQM-B 62,802 ▼ 2.86% COPEC 6,237 ▼ 0.19% BSANTANDER 80.07 ▼ 0.87% FALABELLA 6,190 ▲ 0.56% ENELAM 85.93 ▲ 0.05% CENCOSUD 1,900 ▼ 0.77% CMPC 1,034 ▼ 0.53% BANCO CHILE 192.09 ▼ 0.61% LATAM AIR 24.38 ▼ 0.89% YPF 80,825 ▼ 0.49% GGAL 7,715 ▼ 3.08% PAMPA 5,450 ▼ 0.46% TXAR 666.00 ▼ 1.19% ALUAR 990.00 ▲ 0.56% TGS 9,570 ▼ 1.44% CEPU 2,325 ▼ 2.43% MIRGOR 16,550 ▼ 1.63% COME 42.08 ▼ 0.90% LOMA NEGRA 3,693 ▼ 0.40% BYMA 299.50 ▼ 1.07% TELECOM ARG 4,398 ▼ 2.06% ECOPETROL 15.66 ▼ 0.89% BANCOLOMBIA 87.54 ▼ 0.45% GRUPO AVAL 4.66 ▼ 3.32% CREDICORP 386.40 ▼ 1.17% SOUTHERN COPPER 173.47 ▼ 3.26% BUENAVENTURA 30.64 ▼ 3.42% MERCADOLIBRE 1,863 ▲ 2.39% NUBANK 14.60 ▲ 0.48% XP 16.79 ▲ 0.27% PAGSEGURO 9.38 — 0.00% STONE 10.91 ▲ 0.18% GLOBANT 34.84 ▲ 6.74% TECNOGLASS 47.59 ▲ 4.87% GAP AIRPORT 219.50 ▲ 1.49% ASUR 273.40 ▲ 1.80% OMA AIRPORT 106.80 ▲ 1.91% AMX ADR 25.98 ▲ 1.07% FEMSA ADR 134.09 ▲ 1.47% CEMEX ADR 12.19 ▼ 0.12% PETROBRAS ADR 18.38 ▲ 2.08% VALE ADR 14.69 ▼ 0.64% ITAU ADR 8.36 ▼ 0.18% SANTANDER BR 5.51 ▲ 1.29% AMBEV ADR 3.15 ▲ 2.61% CSN 1.12 ▼ 0.45% GERDAU 4.96 ▲ 2.70% LATAM ADR 51.73 ▼ 1.11% BTC 63,102 ▼ 0.98% ETH 1,875 ▼ 0.84% SOL 72.87 ▼ 1.72% XRP 1.05 ▼ 1.44% BNB 565.46 ▼ 0.05% ADA 0.16 ▲ 0.50% DOGE 0.07 ▼ 0.84% AVAX 6.42 ▲ 0.37% LINK 8.27 ▼ 1.11% DOT 0.76 ▼ 0.18% LTC 46.09 ▲ 0.20% BCH 210.08 ▼ 0.77% TRX 0.32 ▼ 0.15% XLM 0.17 ▼ 0.90% HBAR 0.07 ▼ 0.64% NEAR 1.64 ▼ 2.70% ATOM 1.29 ▼ 0.71% AAVE 97.81 ▼ 0.04% SELIC 14.25% EMBRAER 86.90 — 0.00% EMBRAER ADR 67.93 ▼ 0.09% JBS 13.97 ▲ 3.06% JBS BDR 71.43 ▲ 3.18% MBRF3 16.40 ▲ 3.21% MBRFY 3.12 ▲ 9.09% INTER 5.57 ▲ 0.09% EGX 53,730 ▲ 0.18% USD/ZAR 16.74 — 0.00% USD/NGN 1,363 ▲ 0.16% NIKKEI 62,365 ▼ 3.95% CSI300 4,570 ▼ 2.83% HSI 25,311 ▲ 0.41% NIFTY 23,985 ▼ 0.04% KOSPI 6,024 ▼ 10.84% JCI 6,131 ▼ 0.89% USD/JPY 163.84 ▲ 0.09% USD/CNY 6.7603 ▲ 0.09% DAX 25,386 ▲ 0.10% CAC 8,454 ▲ 0.57% FTSE 10,883 ▲ 0.93% MIB 51,686 ▼ 0.71% IBEX 19,725 ▼ 0.08% STOXX 646.20 ▲ 0.25% EUR/USD 1.1380 ▲ 0.04% GBP/USD 1.3296 ▲ 0.03% SPX 7,401 ▼ 0.17% DJI 52,623 ▲ 0.79% NDX 27,552 ▼ 1.74% RUT 2,928 ▼ 0.68% TSX 35,545 ▼ 0.07% VIX 19.06 ▲ 2.09% USD/CAD 1.4101 ▼ 0.14% US10Y 4.6140 ▼ 0.58%
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Rio’s Battle for Vila Cruzeiro Continues

By · November 25, 2010 · 3 min read

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By Amy Skalmusky, Contributing Reporter

RIO DE JANEIRO, BRAZIL – The tally continues to rise as the battle in Rio de Janeiro rages on: 23 deaths, 50 burnt vehicles and 159 injured and over 100 people arrested since Sunday. This afternoon, 150 members of the elite BOPE (Batalhão de Operações Policiais Especiais) forces, police from the CORE (Coordenadoria de Recursos Especiais) unit and thirty naval sharp shooters mobilized six armored vehicles and entered the Vila Cruzeiro favela, in Penha, a suburb of Rio.

Favela Vila Cruzeiro in Penha, image recreation.
Favela Vila Cruzeiro in Penha a neighborhood in Zona Norte, image recreation.
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Many of the criminals responsible for the violence that has been raging since Sunday are said to be held up in the favela. As the police entered the fugitives set fire to tires and cars to impede their approach; but the barriers have been no match for the M113 armored vehicles, the same ones used in the war in Iraq.

Police have already apprehended 29 handguns, ten machine guns, two 12 caliber rifles, a sub-machine gun, five grenades, two home made bombs and a ton of marijuana in Wednesday’s operations, according Coronel Henrique Lima Castro, the Police spokesperson.

Earlier today, a time bomb made of six sticks of dynamite was found inside a trash receptacle on a busy street in Madureira, in Rio’s Zona Norte (North zone). The bomb was discovered by garbage men and the bomb squad was able to remove it before it detonated.

Map illustrating the areas of conflict today in relation to tourist centers of Copacabana and Ipanema, image by Google Maps (click to expand).

Transportation companies have been recalling buses to garages and the usually busy streets around the areas of confrontation are empty.

The ongoing battle between police and well-armed criminals has left residents terrified. Those living in the battle zones have been instructed to stay inside their homes near the hallways or lay on the floor to avoid errant bullets. The radius of a machine gunshot is 1,500 meters and can pierce walls.

The Vila Cruzeiro favela has a population estimated between 40,000 – 70,000, and is located near the “Complexo Alemão”, which encompasses ten neighborhoods and over forty favelas. It is considered one of the most dangerous areas in the city.

Police prepare to enter the Vila Cruzeiro favela, image recreation.
Police prepare to enter the Vila Cruzeiro favela, image recreation.

Similar police operations are going on in the Jacarezinho favela, located near Méier, a suburb of Rio, where over 100 police have entered the favela.

The conflicts have not altered the UPP (Unidade de Polícia Pacificadora) roll-out plans, which do not include setting up units in the Vila Cruzeiro favela in the near future. José Mariano Beltrame, Rio’s security secretary announced that although they do not have the resources at the moment to take on the area around the Complexo Alemão, the police that are in the Vila Cruzeiro will remain there for an undetermined amount of time

As for the present operation, police have long term plans according to Police Cornel Álvaro Garcia, “This operation isn’t just an in and out one. We’ll arrest the criminals and dominate the area,” he said. He may be right, as images on local news channels have shown hundreds of criminals fleeing the favela and taking heavy gunfire from police.

The police confrontations have been largely concentrated in the suburbs of Rio de Janeiro. According to Josua Cashill, an American and resident of Ipanema for thirteen years, it isn’t terror in the streets. “Over the past weeks there has been really nothing here to cause alarm. Stores are open and people are out in the streets – it’s business as usual,” he said.

Regardless of the relative calm in Zona Sul (South zone), residents stay glued to the news, and officials will be under increased pressure to restore confidence in the public security as the year’s summer season begins and scrutiny increases for the host city of the 2014 World Cup finals and 2016 Olympics.

Correction: November 26, 2010
This article was first published on November 25th and stated that Beltrame announced UPP (Unidade de Polícia Pacificadora) roll-out plans now included units in the Vila Cruzeiro favela.

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