IBOV 172,236.05 ▲ 2.22% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL5.51▼ 0.03% USD/MXN18.49▼ 0.26% USD/CLP966.56▼ 0.07% USD/COP3,267▲ 4.70% USD/PEN3.41▼ 1.07% USD/ARS1,545▼ 0.02% USD/UYU40.45▲ 0.35% USD/PYG6,450▲ 1.45% USD/BOB11.74▼ 0.59% USD/DOP60.46▲ 2.41% USD/CRC446.56▼ 0.38% USD/GTQ7.64▼ 0.05% USD/HNL26.89▲ 0.02% USD/NIO36.62▲ 2.53% USD/VES897.02▲ 0.07% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.42% USD/TTD6.72▼ 0.03% EUR/BRL6.19▲ 0.93% BRENT 90.83 ▼ 1.88% WTI 85.50 ▼ 1.55% IRON ORE 161.91 — — COPPER 6.31 ▼ 0.24% GOLD 4,082 ▼ 0.79% SILVER 52.38 ▼ 0.36% SOY 1,196 ▲ 1.14% CORN 442.00 ▲ 0.63% WHEAT 589.75 ▲ 0.30% COFFEE 267.00 ▼ 2.41% SUGAR 18.22 ▲ 0.05% ORANGE JUICE 143.50 ▲ 7.85% COTTON 82.47 ▲ 4.68% COCOA 4,872 ▼ 2.64% BEEF 216.33 ▲ 1.06% CATTLE 328.83 ▲ 2.02% LITHIUM 61.35 ▲ 0.72% PETR4 45.19 ▼ 0.24% VALE3 66.11 ▲ 3.23% ITUB4 41.72 ▲ 2.94% BBDC4 14.68 ▲ 3.38% ABEV3 15.61 ▲ 0.84% BBAS3 17.02 ▼ 0.64% B3SA3 14.85 ▲ 3.20% WEGE3 50.74 ▲ 5.29% PRIO3 59.39 ▼ 1.80% SUZB3 54.20 ▲ 1.50% RENT3 30.83 ▲ 1.78% AZZA3 15.12 ▲ 2.44% CSAN3 2.77 — 0.00% RAIZ4 24.40 ▼ 12.86% PCAR3 2.43 ▲ 1.25% GMAT3 3.83 ▲ 0.79% PSSA3 45.65 ▲ 2.93% CVCB3 0.87 ▲ 3.57% POSI3 3.03 ▼ 1.94% SLCE3 17.30 ▲ 4.15% NATU3 5.71 ▲ 10.44% BRKM5 3.02 ▼ 5.63% RANI3 8.76 ▲ 3.44% CSNA3 4.49 ▲ 1.81% IBOV 172,236.05 ▲ 2.22% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL 5.51 ▼ 0.03% USD/MXN 18.48 ▼ 0.26% USD/CLP 965.98 ▼ 0.13% USD/COP 3,267 ▲ 4.70% USD/PEN 3.41 ▼ 1.07% USD/ARS 1,545 ▼ 0.02% USD/UYU 40.45 ▲ 0.35% USD/PYG 6,450 ▲ 1.45% USD/BOB 11.74 ▼ 0.59% USD/DOP 60.46 ▲ 2.41% USD/CRC 446.56 ▼ 0.38% USD/GTQ 7.64 ▼ 0.05% USD/HNL 26.89 ▲ 0.02% USD/NIO 36.62 ▲ 2.53% USD/VES 897.02 ▲ 0.07% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.42% USD/TTD 6.72 ▲ 2.10% EUR/BRL 6.19 ▲ 0.94% BRENT 90.83 ▼ 1.88% WTI 85.50 ▼ 1.55% IRON ORE 161.91 — — COPPER 6.31 ▼ 0.24% GOLD 4,082 ▼ 0.79% SILVER 52.38 ▼ 0.36% SOY 1,196 ▲ 1.14% CORN 442.00 ▲ 0.63% WHEAT 589.75 ▲ 0.30% COFFEE 267.00 ▼ 2.41% SUGAR 18.22 ▲ 0.05% ORANGE JUICE 143.50 ▲ 7.85% COTTON 82.47 ▲ 4.68% COCOA 4,872 ▼ 2.64% BEEF 216.33 ▲ 1.06% CATTLE 328.83 ▲ 2.02% LITHIUM 61.35 ▲ 0.72% PETR4 45.19 ▼ 0.24% VALE3 66.11 ▲ 3.23% ITUB4 41.72 ▲ 2.94% BBDC4 14.68 ▲ 3.38% ABEV3 15.61 ▲ 0.84% BBAS3 17.02 ▼ 0.64% B3SA3 14.85 ▲ 3.20% WEGE3 50.74 ▲ 5.29% PRIO3 59.39 ▼ 1.80% SUZB3 54.20 ▲ 1.50% RENT3 30.83 ▲ 1.78% AZZA3 15.12 ▲ 2.44% CSAN3 2.77 — 0.00% RAIZ4 24.40 ▼ 12.86% PCAR3 2.43 ▲ 1.25% GMAT3 3.83 ▲ 0.79% PSSA3 45.65 ▲ 2.93% CVCB3 0.87 ▲ 3.57% POSI3 3.03 ▼ 1.94% SLCE3 17.30 ▲ 4.15% NATU3 5.71 ▲ 10.44% BRKM5 3.02 ▼ 5.63% RANI3 8.76 ▲ 3.44% CSNA3 4.49 ▲ 1.81%
since 2009
Tuesday, November 10, 2026

Brazilian Olympic athletes criticize soccer squad: “They are not part of the team and they don’t care”

By · · 2 min read

RIO DE JANEIRO, BRAZIL – Brazil closed a spectacular performance in Tokyo 2020 with a total of 21 medals, 7 of them gold, a new record for the South American nation.

The total haul was 7 gold, 6 silver and 8 bronze medals, thus breaking the all-time record of 19 medals (7-6-6) achieved when it hosted Rio 2016. But glory is not necessarily synonymous with harmony.

1
The Brazilian Olympic Committee released a statement addressed to the Brazilian Football Confederation.
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

One of the gold medals was won by the national soccer team that defeated Spain 2-1 in the final. On the podium, the players celebrated with their jerseys on instead of wearing the special uniform bought by the Brazilian Olympic Committee (COB) and worn by all other athletes during each award ceremony.

“The Brazilian Olympic Committee repudiates the behavior of the Brazilian Football Confederation (CBF) and of the national soccer team players during the men’s tournament award ceremony. For the moment, the Committee’s energies are fully focused on continuing the work that resulted in Brazil’s best participation in the history of the Olympic Games. Therefore, only after the end of the Games will the COB announce the measures to be taken to preserve the rights of the Olympic Movement, other athletes and our sponsors,” the organization said in a harsh statement.

The image of soccer players with their jackets tied around their waists was taken as an insult by the Brazilian Olympic sport managers and even by some athletes, such as Bruno Fratus. The 50-meter freestyle bronze medalist in Tokyo used social networks to express his repudiation.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Exxon takes a first step back to Venezuela”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

“The message (from the soccer team) was clear: they are not part of the team and they don’t care. They are also completely alienated and disconnected from the consequences that this can have on countless athletes who are not millionaires like them,” he said.

For its part, the ‘Canarinha’, Brazil’s soccer squad, was proclaimed a repeat Olympic champion on Saturday after defeating Spain in the final.

Soccer at the Olympic Games has long been a source of disagreement between the International Olympic Committee (IOC) and the International Football Federation (FIFA), to which the CBF is affiliated.

Brazil finished 12th in the medal standings as Latin America’s top representative for the second consecutive Games.

Behind them were Cuba with 15 medals (7-3-5) and Ecuador with three (2-1-0). The Brazilian record was achieved despite the fact that some prior medal-winning athletes, such as surfer Gabriel Medina and the beach volleyball teams, as well as the men’s volleyball team, left Japan with no medals.

Source: Infobae

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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 →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

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