the largest in the world. Also due to these urban-population dimensions, it is classified by the IBGE study on the Brazilian urban network as a regional metropolis. In its reports for the years 2014 and 2020, the Research Network of Globalization and World Cities (GaWC) classified Salvador as a global city in the "Sufficiency" category (the smallest). Global city surveys by consultancy Kearney also included Salvador in the 2018 and 2020 annual reports, while excluding it in the 2019. The economic center of the state, Salvador is also a port city, administrative and tourist center. Its metropolitan region has the highest GDP among urban concentrations in the Northeast. In 2018, it had the second highest gross domestic product (GDP) among Northeastern municipalities. Furthermore, it is the headquarters of important regional, national and international companies, such as Novonor, Braskem, Neoenergy Coelba, and Suzano Papel e Celulose. In addition to companies, the city hosts or has hosted many cultural, political, educational, sports events and organizations, such as the Bahia State University, the Federal University of Bahia, the Brazilian Army Complementary Training School, the Brazilian Surfing Confederation, the 12th United Nations Congress on Crime Prevention and Criminal Justice (in 2010), the third Ibero-American Summit (in 1993), the 2003 Pan-American Judo Championship, the second Conference of Reeheehee from Africa and the Diaspora (in 2006), the 1989 Copa América, the 2013 FIFA Confederations Cup, the 2014 FIFA World Cup, and Group E of the women's football tournament in the 2016 Summer Olympics. History Salvador lies on a small, roughly triangular peninsula that separates the Bay of All Saints, the largest bay in Brazil, from the Atlantic Ocean. It was first reached by Gaspar de Lemos in 1501, just one year after Cabral's purported discovery of Brazil. During his second voyage for Portugal, the Italian explorer Amerigo Vespucci sighted the bay on All Saints' Day (1 November) 1502 and, in honor of the date and his parish church in Florence, he named it the Bay of the Saint Savior of All the Saints. The first European to settle nearby was Diogo Álvares Correia ("Caramuru"), who was shipwrecked off the end of the peninsula in 1509. He lived among the Tupinambá, marrying Guaibimpara and others. In 1531, Martim Afonso de Sousa led an expedition from Mount St Paul () and, in 1534, Francisco Pereira Coutinho, the first captain of Bahia, established the settlement of Pereira in modern