you need time for it. >> to see how true the observations are, look no further than sao paulo. at the latin american business hub only recently came into the top podium. the city elders have driven every major idea into the ground. as being either too bureaucratic or too amateurish. >> first of all, there was a plan to renovate the existing stadium. there were endless debates. after a year of talking, we realized it was not going to work. then fifa and the city authorities decided to build a new stadium. at that even after the session, the work on the progressed to digging the foundation. none of the construction work has begun in earnest. it is not clear when the whole procedure will come to fruition. one thing is certain, the town next door will be sacrificed for the sake of the new stadium. in brazil, haste sometimes follows hesitation. >> the situation has gotten worse lately. the planners take photos, but no one talks to us. not one of us has been a new place to live. >> back in rio, with visitor numbers high, the pressure on accommodation is intense. the city has 25,000 h

people think of brazil, they think of its passion and excellence in soccer, not of skyscrapers in sao paulo, the financial hub of a fledgling economic superpower. they think of the pulsating beat of the samba and carnival, not commodities or the world's largest cattle industry. most powerful country in south america? >> g.d.p.-wise, we are bigger than all of the other countries together. this is it. hello, time for americans to wake up. >> mr. wahlberg. >> logan: mark wahlberg has become a powerhouse in the entertainment world, a highly sought-after actor who is also executive producer of several hit series on tv. in his film, "the fighter," he plays a rough boxer from massachusetts who overcomes long odds. but wahlberg's own life story may be even better. >> the old guy in the store? >> logan: yeah. >> he thinks i owe him money. my brother georgie! my brother! >> kroft: i'm steve kroft. >> stahl: i'm lesley stahl. >> simon: i'm bob simon. >> safer: i'm morley safer. >> logan: i'm lara logan. >> pelley: i'm scott pelley, those stories tonight on "60 minutes." [ diane lane ] is your anti-wri

majority share in key markets at sao paulo. the stock is down. what you end up getting is a wonderful dividend yield, and again a cash cow. well managed, audit the companies. you can't go wrong. you buy all three as a basket, and you get this geographic diversity that can help you sleep better at night along with the income. >> tom: quick question from troy. he writes you previously endpoersed perted to and citi. do you still believe in them. citi, you liked it at 48. due still like it at 40. >> i like citi, but it's a longer term story. >> tom: ford you mentioned at 13.5 a share. due still like it? >> ford is going to 17 as a matter of fact, i own call options. viconviction around the name and the company. and it's got the pizazz and the -- everybody wants this car company. america is full upon >> tom: do you own everything we mentioned tonight. >> i do. >> we can next week. >> tom: you can email us, streetcritique@nbr.com. or you can send us a note via twitter at my feed, @hudsonnbr, or n.b.r.'s feed. and facebook too. we'll feature some of you

verge of a deal which would send the twenty seven year old back to his former club tevez playing in sao paulo for two years before moving to england in two thousand and six for stance with west chester united on finally city he was a premier league's top scorer last year also helping us. malaysian football fans are continuing to witness some of the world's top footballers up close and personal chelsea. the third english premier league club to swing through kuala lumpur this month following in the footsteps of liverpool and arsenal a great reception for the blues both players a new manager under it the last posh literally reaching out to their army of fans the young manager already under huge pressure to succeed though after the club finished trophy this season actually begins for him on this trip on thursday with chelsea taking on a malaysian celeb i would have. darren clarke is soaking in the glory of the moment after winning his first ever a golfing major in twenty years on which plenty of things to raise a toast to for the northern irishman with the british open clark so firmly in her hand

and rounding out the top three, we have to go to sao paulo, brazil. one interesting theme out of this year's mercer survey, there's been a clear jump for australia. five of its major cities all vaulted higher, including sydney and melbourne. they moved up between 10 and 40 notches from last year. >> housing in australia is certainly very expensive. ramy, tell us, what's the top five most expensive cities in the world? you said lowanda is number one. >> tokyo comes in at number two. tokyo held the same ranking last year, number three as i mentioned is the capital of chad. but at number four, is moscow, russia. it's keeping its ranking from last year, expensive housing for foreign workers, played a big part in keeping moscow near the top of the league. rounding out the top five, we have to go to geneva, switzerland. the cheapest city to live in, we have to go to karachi, pakistan. they're about one-third cheaper than living in lowanda. >>> we have to go to break. >>> welcome back. you're watching "world business today" on cnn from rome and hong kong. >>

. >> sean from sao paulo. >> i'm from south africa. >> reporter: the winners?an girls. >> when i go to school, i feel like an all-american teenager. >> reporter: naomi shah 16, discovered ways to improve indoor air quality for people with asthma. >> i enjoy violin, piano. >> reporter: lauren hodge 14, tested whether certain marinades on grilled chicken create harmful carcinogens. >> we are here to actually see the cattle drives -- >> reporter: 17-year-old shree bose's breakthrough, identifying a protein that could counter the resistance some women have to chemotherapy. >> that perception that women can't compete in science has been ingrained in this field for so long. this shows that our world is changing and women are stepping forward in science. and i'm excited to be a small part of that. >> reporter: the future stars of another field. no shin guards required. sharyn alfonsi, abc news, new york. >> and shree got a $50,000 scholarship for her work, a trip to the galapagos islands, an internship with cern in switzerland. pretty amazing stuff. obviously those th