IBOV 169,186.42 ▼ 1.06% IPC MEX 69,441.29 ▲ 0.37% MERVAL 2,848,945 — — USD/BRL5.38▲ 0.66% USD/MXN18.88▲ 1.30% USD/CLP985.07▼ 0.28% USD/COP3,167▲ 0.55% USD/PEN3.46▲ 0.28% USD/ARS1,538▼ 0.24% USD/UYU40.10▲ 3.30% USD/PYG5,838▲ 3.76% USD/BOB12.05▲ 4.53% USD/DOP60.36▲ 0.43% USD/CRC451.45▲ 2.55% USD/GTQ7.64▲ 3.31% USD/HNL26.87▲ 0.27% USD/NIO36.62▼ 0.02% USD/VES887.03▼ 0.08% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.42% USD/TTD6.70▲ 2.01% EUR/BRL6.03▲ 1.31% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99% IBOV 169,186.42 ▼ 1.06% IPC MEX 69,441.29 ▲ 0.37% MERVAL 2,848,945 — — USD/BRL 5.34 ▼ 1.32% USD/MXN 18.69 ▲ 0.62% USD/CLP 983.47 ▼ 0.57% USD/COP 3,149 ▲ 3.06% USD/PEN 3.45 ▲ 0.17% USD/ARS 1,537 ▼ 0.28% USD/UYU 40.21 ▲ 3.57% USD/PYG 5,803 ▲ 3.78% USD/BOB 11.97 ▲ 4.93% USD/DOP 60.54 ▲ 1.83% USD/CRC 451.24 ▲ 2.13% USD/GTQ 7.64 ▲ 3.23% USD/HNL 26.87 ▲ 3.37% USD/NIO 36.62 ▲ 2.81% USD/VES 885.08 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.63% USD/TTD 6.71 ▲ 2.07% EUR/BRL 5.95 ▲ 7.53% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99%
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New IOC HQ and Olympic Progress

By · March 12, 2013 · 3 min read

By Robbie Blakeley, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – On Monday, March 11th, the President of the International Olympic Committee (IOC) Coordination Commission for the Rio 2016 Games, Nawal El Moutawakel, visited the new Rio 2016 headquarters accompanied by the President of the Local Organizing Committee (LOC) for the Rio 2016 Olympic and Paralympic Games, Carlos Arthur Nuzman.

Rio 2016 Organzing Committee president Carlos Nuzman (right), Rio de Janeiro, Brazil News
Rio 2016 Organizing Committee president Carlos Nuzman (right), photo by Alex Ferro/Rio 2016.
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In Rio for the Laureus World Sports Awards Ceremony, a prize considered the “Oscar of Sports”, El Moutawakel visited the venue for the Olympics and greeted the Committee’s employees.

The Organizing Committee’s new home is described as a modern, sustainable, accessible structure, located in Rio’s Cidade Nova neighborhood of Zona Norte (North Zone).

It is close to the Carnival Sambódromo Marquês de Sapucaí, and will house the Rio 2016 and Municipal Olympic Company’s teams until the 2016 Games, due to be held from August 5th to 21st of that year.

Mr. Nuzman explains that the new headquarters are the first venue to be delivered by the Organizing Committee. “Seeing the first Games venue ready reinforces our ability to achieve. Furthermore, having all teams gathered in a single building, together with the Municipal Olympic Company, makes our task easier and helps to integrate the teams.”

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He also adds that the project has sustainability as its basic premise, “Modernity and sustainability mark the new headquarters. The modular construction is an innovation that better suits our project. We will use the building according to the Committee’s growth demands and, in the end, it will be possible to dismantle the structure, to reuse it elsewhere.”

Site for the Olympic Park in Barra, Rio de Janeiro, Brazil News
Site for the Olympic Park in Barra da Tijuca, photo by Rio 2016.

With so much scrutiny currently surrounding the Cidade Maravilhosa‘s tardy preparations for the 2014 World Cup, good news are more than welcome regarding the city’s Olympic efforts.

Prior to the visit of the headquarters, at the end of February, the IOC Coordination Commission had also made their fourth inspection of Rio before the start of the Games.

Brazilian president Dilma Rousseff, Minister for Sport Aldo Rebelo, city governor Sergio Cabral and mayor Eduardo Paes all met the IOC and were present at meetings held with the LOC as well.

With over three years to go until the mega event much work still needs to be carried out at the Barra da Tijuca and Deodoro sites, but the IOC declared themselves satisfied with the progress being made. “We’ve seen solid progress. Building work is ongoing and the LOC continues to strengthen.”

“However, many projects will have to be delivered simultaneously. We remain confident but we must all stay vigilant and continue to work hard, so that timelines are respected,” said Mr. El Moutawakel.

2013 will prove to be a pivotal year for the city’s Olympic dream as work will begin on a number of sporting arenas as tests also need to be carried out to ensure athlete and fan safety. Accommodation was also discussed when the IOC were in town, and a spurt of hotel building is expected to take place in the western neighborhood of Barra da Tijuca, with several projects to get underway this year.

With so much of the Games concentrated in Barra – site of the Olympic Village – the ability to hold tens of thousands of fans is critical. While Zona Sul (South Zone) remains relatively close, as well as hosting some events, Barra will be the main hub of the action and more hospitality space is desperately needed.

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