São Paulo (/ˌsaʊ ˈpaʊloʊ/; Portuguese pronunciation: [sɐ̃w ˈpawlu]; Saint Paul in English) is a municipality located in the southeast region of Brazil. The metropolis is an alpha global city—as listed by the GaWC—and is the most populous city in Brazil, the Americas, and in the Southern Hemisphere. The municipality is also Earth's 12th largest city proper by population. The city is the capital of the homonymous state of São Paulo, Brazil's most populous and wealthiest state. It exerts strong international influence in commerce, finance, arts and entertainment. The name of the city honors Saint Paul of Tarsus. The city's metropolitan area of Greater São Paulo ranks as the most populous in Brazil, the 11th most populous on Earth, and largest Portuguese-speaking city in the world. Having the largest economy by GDP in Latin America and Southern Hemisphere, the city is home to the São Paulo Stock Exchange. Paulista Avenue is the economic core of São Paulo. The city has the 8th largest GDP in the world, representing alone 10.7% of all Brazilian GDP and 36% of the production of goods and services in the state of São Paulo, being home to 63% of established multinationals in Brazil, and has been responsible for 28% of the national scientific production in 2005. The metropolis is also home to several of the tallest buildings in Brazil, including the Mirante do Vale, Edifício Itália, Banespa, North Tower and many others. The city has cultural, economic and political influence both nationally and internationally. It is home to monuments, parks and museums such as the Latin American Memorial, the Ibirapuera Park, Museum of Ipiranga, São Paulo Museum of Art, and the Museum of the Portuguese Language. The city holds events like the São Paulo Jazz Festival, São Paulo Art Biennial, the Brazilian Grand Prix, São Paulo Fashion Week and the ATP Brasil Open. São Paulo hosts the world's largest gay pride parade. It is headquarters of the Brazilian television networks Band, Gazeta, Record and SBT. São Paulo is a cosmopolitan, melting pot city, home to the largest Arab, Italian, and Japanese diasporas, with examples including ethnic neighborhoods of Mercado, Bixiga, and Liberdade respectively. São Paulo is also home to the largest Jewish population in the country and one of the largest urban Jewish populations in the world. In 2016, lived in the city native inhabitants from 196 different countries. People from the city are known as paulistanos, while paulistas designates anyone from the state, including the paulistanos. The city's Latin motto, which it has shared with the battleship and the aircraft carrier named after it, is Non ducor, duco, which translates as "I am not led, I lead." The city, which is also colloquially known as Sampa or Terra da Garoa (Land of Drizzle), is known for its unreliable weather, the size of its helicopter fleet, its architecture, gastronomy, severe traffic congestion and skyscrapers. According to a report from 2011, São Paulo was expected to have the third highest economic growth in the world between 2011 and 2025, after London and Mexico City. São Paulo was one of the host cities of the 1950 and the 2014 FIFA World Cup. Additionally, the city hosted the IV Pan American Games and the São Paulo Indy 300.