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The Rio Times

News from Latin America and the Global South

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Soaring Revenues in Brazilian Soccer

In 2023, Brazilian soccer achieved a record with marketing revenues reaching R$1.4 billion ($275 million), marking a 22% increase.

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Saturday's Soccer Matches: Live Viewing Options and Schedules

Today's highlights in Brazilian football include Corinthians vs. Fortaleza, Flamengo vs. RB Bragantino, and Fluminense vs. Atlético-MG.

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Rapid Growth of Brazil's Indigenous Communities

In the past 12 years, Brazil's indigenous population has grown from 891,000 to 1,694,836, an increase of nearly 89%.

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Brazil Extends Military Deployment at Major Ports and Airports

Brazil has extended its military deployment at major ports and airports for 30 days to bolster law enforcement.

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Venezuela Sees Lowest Inflation in Over a Decade

Venezuela's cumulative inflation rate for January until April 2024 has improved and is the lowest since 2012 at 6.3%.

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Emergency Shutdown at Porto Alegre Airport Following Devastating Floods

Operations at Porto Alegre International Airport in Rio Grande do Sul, have been indefinitely halted due to the region's worst recorded storm.

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U.S. Employment Data Impact on Oil Prices

This past week, oil prices witnessed their largest drop in three months. US employment data weaker than expected

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U.S. Employment Data Triggers Sharp Drop in Dollar Value

On May 3, the U.S. dollar declined to R$5.07, a drop of about 0.85%, following U.S. employment figures that fell short of expectations

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Ibovespa Rises 1%, Hits 128,500 with Positive Global Market Sentiments

The Ibovespa, Brazil's benchmark stock index, ended the week on a high note, climbing 1.09% to 128,508 points

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Global Coffee Prices Adjust as Weather Patterns Shift

This past week marked significant shifts in the coffee futures market, influenced heavily by weather forecasts in Vietnam