(Miami, Florida)— The City of Miami has been selected as the #1 BEST CITY TO DO BUSINESS in this hemisphere, according to the May 21, 2007, issue of the highly influential AméricaEconomía magazine. The title further solidifies Miami’s position as a diverse and bustling “Gateway to the Americas.”

“This latest award further acknowledges our position as the best place to do business in this hemisphere,” said Mayor Diaz.  “It is a testament to the diversity and strength of our people; we have opened ourselves to the world, and the world has come to us.”

AméricaEconomía looked at a number of variables and ranked 42 cities across the Americas, including Madrid and Barcelona in Spain.  Miami and Santiago, Chile tied for the first place position “thanks to their advantages in connectivity, macroeconomic stability, telecommunications infrastructure, the strength of the branding, quality of life and safety,” explained AméricaEconomía in its article.  Miami is listed above Monterrey, Mexico; Sao Paulo, Brazil and Buenos Aires, Argentina; each of which captured the top five spots in the list.  

With a circulation of over 80,000, AméricaEconomía delivers business news in Latin America with a provocative, forward-looking analysis of business, technology, economic and political trends that are shaping the future of the continent. This bi-weekly magazine is published in both Spanish and Portuguese.