The city is the southernmost capital city of a Brazilian state, the vast majority of the population is of European descent. This five-river junction has become an important alluvial port as well as an industrial and commercial center of Brazil. In recent years, Porto Alegre hosted the World Social Forum, the city became famous for being the first city that implemented participatory budgeting. In , immigrants from all over the world started arriving, especially German, Italian, Spanish, Polish, Jewish, and Lebanese. This mosaic of diversity in appearance, ethnic origin, religions and languages is what makes Porto Alegre, nowadays with nearly 1.