IBOV 174,489.61 ▼ 1.18% IPSA 10,879.65 ▼ 0.77% IPC MEX 67,304.62 ▲ 0.18% MERVAL 3,227,537 ▼ 0.89% COLCAP 2,304.56 ▲ 0.14% BVL PERÚ 57,237.60 — — USD/BRL5.10▼ 0.40% USD/MXN17.43— 0.00% USD/CLP930.70▼ 0.02% USD/COP3,185▼ 0.59% USD/PEN3.40▼ 0.12% USD/ARS1,495▼ 0.32% USD/UYU40.21▲ 1.46% USD/PYG5,987▲ 0.90% USD/BOB11.70▲ 5.59% USD/DOP57.81▼ 0.33% USD/CRC449.99▲ 1.61% USD/GTQ7.62▲ 2.26% USD/HNL26.76▲ 0.79% USD/NIO36.62▲ 0.31% USD/VES742.37▲ 0.07% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.13▲ 0.31% USD/TTD6.75▲ 1.28% EUR/BRL5.84▲ 0.27% BRENT 90.33 ▲ 7.42% WTI 84.47 ▲ 6.57% IRON ORE 161.91 — — COPPER 6.40 ▲ 1.22% GOLD 4,147 ▲ 2.73% SILVER 58.73 ▲ 2.49% SOY 1,192 ▼ 1.69% CORN 471.00 ▲ 2.73% WHEAT 660.00 ▼ 0.38% COFFEE 326.60 ▼ 3.77% SUGAR 14.50 ▼ 0.34% ORANGE JUICE 137.95 ▲ 0.80% COTTON 79.38 ▲ 0.21% COCOA 5,169 ▼ 0.62% BEEF 224.13 ▼ 1.47% CATTLE 339.05 ▼ 1.17% LITHIUM 67.06 ▲ 0.15% PETR4 42.04 ▲ 2.01% VALE3 75.43 ▼ 0.34% ITUB4 42.14 ▼ 1.68% BBDC4 18.46 ▼ 1.65% ABEV3 15.97 ▼ 0.81% BBAS3 20.93 ▲ 0.48% B3SA3 15.50 ▼ 3.13% WEGE3 45.77 ▼ 1.99% PRIO3 58.53 ▲ 3.10% SUZB3 42.62 ▼ 1.11% RENT3 37.64 ▼ 1.90% AZZA3 16.34 ▼ 4.72% CSAN3 3.92 ▼ 2.00% RAIZ4 0.26 ▼ 3.70% PCAR3 2.76 ▲ 0.73% GMAT3 3.89 ▼ 0.77% PSSA3 53.92 ▼ 1.80% CVCB3 1.29 ▼ 2.27% POSI3 3.51 ▼ 2.50% SLCE3 13.12 ▼ 0.30% NATU3 8.33 ▼ 0.12% BRKM5 6.06 ▲ 1.68% RANI3 7.99 ▼ 1.72% CSNA3 5.29 ▼ 6.21% CMIN3 5.96 — 0.00% USIM5 8.31 ▼ 4.37% GGBR4 25.02 ▼ 0.48% ENEV3 25.96 ▲ 0.43% CPFE3 45.09 ▼ 1.89% CMIG4 11.09 ▼ 0.89% EQTL3 38.03 ▼ 2.06% LREN3 13.47 ▼ 3.09% VIVT3 32.45 ▼ 4.08% RAIL3 13.97 ▼ 0.78% KLABIN 18.04 — 0.00% RAIA DROGASIL 17.97 ▼ 1.26% RDOR3 34.06 ▼ 0.76% HAPV3 10.63 ▲ 0.28% FLRY3 16.92 ▼ 0.82% SMTO3 14.24 ▼ 0.42% UGPA3 32.16 ▼ 0.89% VBBR3 34.94 ▼ 0.54% BBSE3 41.27 ▲ 0.15% BPAC11 54.92 ▼ 1.65% CURY3 29.14 ▼ 3.19% AERI3 2.09 — 0.00% VIVARA 22.38 ▼ 1.02% COMPASS 24.44 ▼ 3.09% VAMOS 3.30 ▼ 0.90% SANB11 25.92 ▼ 6.32% ASAI3 8.30 ▲ 0.73% SBSP3 26.80 ▼ 5.20% WALMEX 49.61 ▲ 1.72% GMEXICO 208.89 ▼ 0.49% FEMSA 213.06 ▼ 4.43% CEMEX 20.74 ▼ 1.00% GFNORTE 197.05 ▼ 1.29% BIMBO 59.83 ▼ 0.12% TELEVISA 9.78 ▼ 0.51% AMX 21.85 ▼ 2.89% GAP 381.56 ▲ 1.01% ASUR 274.25 ▲ 1.13% OMA 234.72 ▼ 0.10% KOF 187.13 ▼ 1.42% GRUMA 267.44 ▼ 0.19% KIMBER 40.67 ▲ 0.02% SQM-B 63,751 ▲ 2.00% COPEC 6,360 ▲ 0.95% BSANTANDER 80.43 ▲ 1.66% FALABELLA 6,100 ▼ 0.02% ENELAM 86.30 ▲ 0.58% CENCOSUD 1,915 ▲ 0.79% CMPC 1,061 ▲ 2.53% BANCO CHILE 191.41 ▲ 1.22% LATAM AIR 24.70 ▼ 1.20% YPF 80,175 ▲ 0.82% GGAL 7,895 ▲ 0.51% PAMPA 5,400 ▼ 0.92% TXAR 660.00 ▼ 1.35% ALUAR 978.00 ▼ 1.01% TGS 9,490 ▲ 0.26% CEPU 2,315 ▼ 0.86% MIRGOR 16,500 ▼ 0.15% COME 42.63 ▲ 0.26% LOMA NEGRA 3,648 ▲ 0.07% BYMA 299.25 ▼ 0.33% TELECOM ARG 4,370 ▲ 0.81% ECOPETROL 16.51 ▲ 4.26% BANCOLOMBIA 90.87 ▲ 2.02% GRUPO AVAL 4.98 ▲ 2.05% CREDICORP 389.04 ▲ 0.02% SOUTHERN COPPER 178.78 ▼ 0.10% BUENAVENTURA 30.78 ▲ 1.32% MERCADOLIBRE 1,883 ▲ 1.11% NUBANK 14.20 ▼ 3.27% XP 16.46 ▼ 2.05% PAGSEGURO 9.73 ▲ 1.25% STONE 11.02 ▼ 1.30% GLOBANT 38.45 ▲ 9.51% TECNOGLASS 44.98 ▼ 4.74% GAP AIRPORT 219.12 ▲ 0.74% ASUR 274.25 ▲ 1.13% OMA AIRPORT 107.66 ▼ 0.57% AMX ADR 25.07 ▼ 2.49% FEMSA ADR 122.08 ▼ 4.42% CEMEX ADR 11.86 ▼ 1.17% PETROBRAS ADR 18.64 ▲ 3.13% VALE ADR 14.78 ▲ 0.54% ITAU ADR 8.27 ▼ 0.54% SANTANDER BR 5.18 ▼ 5.57% AMBEV ADR 3.09 ▼ 1.16% CSN 1.06 ▼ 3.64% GERDAU 4.93 ▼ 0.40% LATAM ADR 52.58 ▼ 1.77% BTC 63,875 ▲ 0.01% ETH 1,899 ▼ 1.10% SOL 73.33 ▼ 0.50% XRP 1.08 ▲ 0.70% BNB 569.61 ▼ 0.15% ADA 0.16 ▲ 1.99% DOGE 0.07 ▼ 0.96% AVAX 6.38 ▼ 2.81% LINK 8.28 ▼ 1.78% DOT 0.76 ▲ 0.01% LTC 45.16 ▼ 2.11% BCH 209.29 ▼ 2.23% TRX 0.33 ▲ 0.23% XLM 0.17 ▼ 1.61% HBAR 0.07 ▼ 0.90% NEAR 1.60 ▼ 2.81% ATOM 1.28 ▼ 1.81% AAVE 98.10 ▼ 2.61% SELIC 14.25% EMBRAER 86.90 ▼ 2.21% EMBRAER ADR 68.37 ▼ 1.04% JBS 14.22 ▲ 2.08% JBS BDR 72.31 ▲ 2.47% MBRF3 16.59 ▲ 1.78% MBRFY 3.21 ▲ 1.90% INTER 5.49 ▼ 1.88% IBOV 174,489.61 ▼ 1.18% IPSA 10,879.65 ▼ 0.77% IPC MEX 67,304.62 ▲ 0.18% MERVAL 3,227,537 ▼ 0.89% COLCAP 2,304.56 ▲ 0.14% BVL PERÚ 57,237.60 — — USD/BRL 5.11 ▼ 0.30% USD/MXN 17.44 ▲ 0.07% USD/CLP 930.95 ▲ 0.01% USD/COP 3,185 ▼ 0.59% USD/PEN 3.40 ▼ 0.12% USD/ARS 1,495 ▼ 0.32% USD/UYU 40.21 ▲ 1.46% USD/PYG 5,987 ▲ 0.90% USD/BOB 11.70 ▲ 5.59% USD/DOP 57.81 ▼ 0.33% USD/CRC 449.99 ▲ 1.61% USD/GTQ 7.62 ▲ 2.26% USD/HNL 26.76 ▲ 0.79% USD/NIO 36.62 ▲ 0.31% USD/VES 742.37 ▲ 0.07% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.13 ▲ 0.31% USD/TTD 6.75 ▲ 1.28% EUR/BRL 5.84 ▲ 0.27% BRENT 90.33 ▲ 7.42% WTI 84.47 ▲ 6.57% IRON ORE 161.91 — — COPPER 6.40 ▲ 1.22% GOLD 4,147 ▲ 2.73% SILVER 58.73 ▲ 2.49% SOY 1,192 ▼ 1.69% CORN 471.00 ▲ 2.73% WHEAT 660.00 ▼ 0.38% COFFEE 326.60 ▼ 3.77% SUGAR 14.50 ▼ 0.34% ORANGE JUICE 137.95 ▲ 0.80% COTTON 79.38 ▲ 0.21% COCOA 5,169 ▼ 0.62% BEEF 224.13 ▼ 1.47% CATTLE 339.05 ▼ 1.17% LITHIUM 67.06 ▲ 0.15% PETR4 42.04 ▲ 2.01% VALE3 75.43 ▼ 0.34% ITUB4 42.14 ▼ 1.68% BBDC4 18.46 ▼ 1.65% ABEV3 15.97 ▼ 0.81% BBAS3 20.93 ▲ 0.48% B3SA3 15.50 ▼ 3.13% WEGE3 45.77 ▼ 1.99% PRIO3 58.53 ▲ 3.10% SUZB3 42.62 ▼ 1.11% RENT3 37.64 ▼ 1.90% AZZA3 16.34 ▼ 4.72% CSAN3 3.92 ▼ 2.00% RAIZ4 0.26 ▼ 3.70% PCAR3 2.76 ▲ 0.73% GMAT3 3.89 ▼ 0.77% PSSA3 53.92 ▼ 1.80% CVCB3 1.29 ▼ 2.27% POSI3 3.51 ▼ 2.50% SLCE3 13.12 ▼ 0.30% NATU3 8.33 ▼ 0.12% BRKM5 6.06 ▲ 1.68% RANI3 7.99 ▼ 1.72% CSNA3 5.29 ▼ 6.21% CMIN3 5.96 — 0.00% USIM5 8.31 ▼ 4.37% GGBR4 25.02 ▼ 0.48% ENEV3 25.96 ▲ 0.43% CPFE3 45.09 ▼ 1.89% CMIG4 11.09 ▼ 0.89% EQTL3 38.03 ▼ 2.06% LREN3 13.47 ▼ 3.09% VIVT3 32.45 ▼ 4.08% RAIL3 13.97 ▼ 0.78% KLABIN 18.04 — 0.00% RAIA DROGASIL 17.97 ▼ 1.26% RDOR3 34.06 ▼ 0.76% HAPV3 10.63 ▲ 0.28% FLRY3 16.92 ▼ 0.82% SMTO3 14.24 ▼ 0.42% UGPA3 32.16 ▼ 0.89% VBBR3 34.94 ▼ 0.54% BBSE3 41.27 ▲ 0.15% BPAC11 54.92 ▼ 1.65% CURY3 29.14 ▼ 3.19% AERI3 2.09 — 0.00% VIVARA 22.38 ▼ 1.02% COMPASS 24.44 ▼ 3.09% VAMOS 3.30 ▼ 0.90% SANB11 25.92 ▼ 6.32% ASAI3 8.30 ▲ 0.73% SBSP3 26.80 ▼ 5.20% WALMEX 49.61 ▲ 1.72% GMEXICO 208.89 ▼ 0.49% FEMSA 213.06 ▼ 4.43% CEMEX 20.74 ▼ 1.00% GFNORTE 197.05 ▼ 1.29% BIMBO 59.83 ▼ 0.12% TELEVISA 9.78 ▼ 0.51% AMX 21.85 ▼ 2.89% GAP 381.56 ▲ 1.01% ASUR 274.25 ▲ 1.13% OMA 234.72 ▼ 0.10% KOF 187.13 ▼ 1.42% GRUMA 267.44 ▼ 0.19% KIMBER 40.67 ▲ 0.02% SQM-B 63,751 ▲ 2.00% COPEC 6,360 ▲ 0.95% BSANTANDER 80.43 ▲ 1.66% FALABELLA 6,100 ▼ 0.02% ENELAM 86.30 ▲ 0.58% CENCOSUD 1,915 ▲ 0.79% CMPC 1,061 ▲ 2.53% BANCO CHILE 191.41 ▲ 1.22% LATAM AIR 24.70 ▼ 1.20% YPF 80,175 ▲ 0.82% GGAL 7,895 ▲ 0.51% PAMPA 5,400 ▼ 0.92% TXAR 660.00 ▼ 1.35% ALUAR 978.00 ▼ 1.01% TGS 9,490 ▲ 0.26% CEPU 2,315 ▼ 0.86% MIRGOR 16,500 ▼ 0.15% COME 42.63 ▲ 0.26% LOMA NEGRA 3,648 ▲ 0.07% BYMA 299.25 ▼ 0.33% TELECOM ARG 4,370 ▲ 0.81% ECOPETROL 16.51 ▲ 4.26% BANCOLOMBIA 90.87 ▲ 2.02% GRUPO AVAL 4.98 ▲ 2.05% CREDICORP 389.04 ▲ 0.02% SOUTHERN COPPER 178.78 ▼ 0.10% BUENAVENTURA 30.78 ▲ 1.32% MERCADOLIBRE 1,883 ▲ 1.11% NUBANK 14.20 ▼ 3.27% XP 16.46 ▼ 2.05% PAGSEGURO 9.73 ▲ 1.25% STONE 11.02 ▼ 1.30% GLOBANT 38.45 ▲ 9.51% TECNOGLASS 44.98 ▼ 4.74% GAP AIRPORT 219.12 ▲ 0.74% ASUR 274.25 ▲ 1.13% OMA AIRPORT 107.66 ▼ 0.57% AMX ADR 25.07 ▼ 2.49% FEMSA ADR 122.08 ▼ 4.42% CEMEX ADR 11.86 ▼ 1.17% PETROBRAS ADR 18.64 ▲ 3.13% VALE ADR 14.78 ▲ 0.54% ITAU ADR 8.27 ▼ 0.54% SANTANDER BR 5.18 ▼ 5.57% AMBEV ADR 3.09 ▼ 1.16% CSN 1.06 ▼ 3.64% GERDAU 4.93 ▼ 0.40% LATAM ADR 52.58 ▼ 1.77% BTC 63,875 ▲ 0.01% ETH 1,899 ▼ 1.10% SOL 73.33 ▼ 0.50% XRP 1.08 ▲ 0.70% BNB 569.61 ▼ 0.15% ADA 0.16 ▲ 1.99% DOGE 0.07 ▼ 0.96% AVAX 6.38 ▼ 2.81% LINK 8.28 ▼ 1.78% DOT 0.76 ▲ 0.01% LTC 45.16 ▼ 2.11% BCH 209.29 ▼ 2.23% TRX 0.33 ▲ 0.23% XLM 0.17 ▼ 1.61% HBAR 0.07 ▼ 0.90% NEAR 1.60 ▼ 2.81% ATOM 1.28 ▼ 1.81% AAVE 98.10 ▼ 2.61% SELIC 14.25% EMBRAER 86.90 ▼ 2.21% EMBRAER ADR 68.37 ▼ 1.04% JBS 14.22 ▲ 2.08% JBS BDR 72.31 ▲ 2.47% MBRF3 16.59 ▲ 1.78% MBRFY 3.21 ▲ 1.90% INTER 5.49 ▼ 1.88%
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Wednesday, July 29, 2026

The Curmudgeon on “Half Price”

By · July 16, 2013 · 3 min read

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Opinion, by Michael Royster

RIO DE JANEIRO, BRAZIL – Having already opined that “it’s not about the R$0,20” the Curmudgeon now realizes it’s mostly about getting “half price” on everything. Half price entry to cultural and sporting events is now available to all in Brazil under eighteen or over sixty, as long as they can show an ID. But last week the Brazilian Congress approved the “Estatuto da Juventude” which we will call the Statute of Youth.

The Curmudgeon, also known as Michael Royster.
The Curmudgeon, also known as Michael Royster.
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“Youth” is defined in the eponymous Statute as being between the ages of fifteen and 29. What do “youths” get, when they go to the fountain under the Statute? The right to pay half price for entry to any and all cultural and sporting events, anywhere in Brazil, except (duh!) the 2014 World Cup football (soccer) matches and the 2016 Olympic Games events.

What else do they get? If the Statute of Youth is passed without any vetoes, any student who can show a valid student ID (more on that below) is entitled to ride free on “interstate transportation.” Unfortunately, the free ride is not conditioned upon your going to school. So, if you’re a wealthy student in Rio de Janeiro and fancy a long weekend in Iguaçu Falls, just hop a plane and pay only half the price the “non-students” pay! Whee!

How will we know someone’s really a student? ID cards should “preferentially” (meaning obligatorily) be “issued” (meaning sold) by those national student organizations — UNE, UBES — once famous for their left-wing political protests. They need the money to build their swanky new headquarters (designed by Oscar Niemeyer) on Rio’s Flamengo Beach Road and this monopoly is their payoff for having protested exactly nothing for the past ten years.

Purveyors of culture are another group heavily in favor of this measure, because for the first time the number of half price tickets available is to be limited. Cultural purveyors can charge only half price to the holders of the “Vale Cultura” (culture voucher) which employers provide their employees. Children and “Sêniores” [only Brazilians would inculcate into their language a misspelt English euphemism for “idoso” or elderly] are already entitled to enter at half price.

Producers of plays have to pay full price for lighting and sound equipment and set decorations, and they have to estimate how much revenue they will get. That’s been impossible up to now, as the numbers of youths claiming to be under age eighteen far exceeds the true number of under eighteen’s, given the widespread falsification of ID cards. The Statute stipulates that only forty percent of the available seats be reserved for students, which, according to the producers, means regular prices will now come down. The Curmudgeon will believe that when he sees it.

The Curmudgeon has one more complaint. In his view, those 29-year old perpetual students living the easy life sponging off their parents ought not to get tax benefits. For in case you were wondering, it is the taxpayers of Brazil who will pay for this populist measure — the Statute of Youth specifically provides for government subsidies to transportation companies and culture purveyors. That isn’t right, unless you’re one of the favored few.

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Michael Royster, aka THE CURMUDGEON first saw Rio forty-plus years ago, fetched up on these shores exactly 36 years ago, still loves it, notwithstanding being a charter member of the most persecuted minority in (North) America today, the WASPs (google it!)(get over it!)


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