Brazil's economy is heading for recession, the President is threatened with impeachment and a huge corruption scandal has engulfed the nation but Rio de Janeiro is riding a wave of confidence in its preparations to host the Olympics next year.
Brazil has long been known as a country that can throw a great party as long as the guests do not mind a location that still has the builders in it.
The annual list, released on Wednesday by Geneva-based World Economic Forum, comes at a time when the new Indian government has completed 100 days in power and has promised further steps to revive its economy and the ease of doing business in the country.
The enduring images of the Games will be not just the great sporting achievements - from US swimmer Michael Phelps' 28th Olympic medal to Usain Bolt's historic sprint 'triple triple' - but also the organizational problems, empty seats and crime.
Here's a glimpse at what happened around the world last week
'Shooting is number one.' 'Archery, wrestling, badminton and boxing.' 'These are the five where we stand the best chance of winning a medal.'
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