Asuncion vs Mexico City

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Asunción (UK:, US:, Spanish: [asunˈsjon]) is the capital and the biggest city of Paraguay in South America. The town stands on the left bank of the Paraguay River, almost at the confluence of this river with the River Pilcomayo. The Paraguay River and the Bay of Asunción from the northwest separate the city from the Occidental Region of Paraguay and from Argentina in the south part of the city. The remainder of the town is surrounded by the Central Department. Administratively, the city creates an autonomous capital district, not a part of any department. The metropolitan area, known as Gran Asunción, includes the cities of San Lorenzo, Fernando de la Mora, Lambaré, Luque, Mariano Roque Alonso, Ñemby, San Antonio, Limpio, Capiatá and Villa Elisa, which are part of the Central Department. The Asunción metropolitan region has around two million inhabitants. The Asunción Stock Exchange lists the Municipality of Asunción as BVPASA: MUA.

Asunción is one of the oldest cities in South America and the longest continually inhabited place from the Río de la Plata Basin; for this reason it's called"the Mother of Cities". By Asunción colonial expeditions departed to found other towns, including the second base of Buenos Aires and other major cities such as Villarrica, Corrientes, Santa Fe and Santa Cruz de la Sierra. The Globalization and World Cities Research Network classifies Asunción as a "Gamma City". It's the house of the national authorities, principal port, and the chief industrial and cultural center of Paraguay. Near Asunción are the headquarters of the CONMEBOL, the continental governing body of association football in South America. Asunción ranks among the cheapest cities in the world for foreign people.

Source: Wikipedia

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Mexico City (Spanish: Ciudad de México, locally [sjuˈða(ð) ðe ˈmexiko] (listen); abbreviated as CDMX; Nahuatl languages: Āltepētl Mēxihco) is the capital and largest city of Mexico and the most-populous city in North America. Mexico City is one of the most important cultural and financial centres in the world. It is located in the Valley of Mexico (Valle de México), a large valley in the high plateaus in the center of Mexico, at an altitude of 2,240 meters (7,350 ft). The city has 16 subdivisions, formerly known as boroughs. The 2009 population for the city proper was approximately 8.84 million people, with a land area of 1,485 square kilometers (573 sq mi). According to the most recent definition agreed upon by the federal and state governments, the population of Greater Mexico City is 21.3 million, which makes it the second largest metropolitan area of the Western Hemisphere (behind São Paulo, Brazil), the eleventh-largest agglomeration (2017), and the largest Spanish-speaking city in the world.Greater Mexico City has a GDP of $411 billion in 2011, making Greater Mexico City one of the most productive urban areas in the world. The city was responsible for generating 15.8% of Mexico's GDP, and the metropolitan area accounted for about 22% of total national GDP. If it were an independent country, in 2013, Mexico City would be the fifth-largest economy in Latin America, five times as large as Costa Rica and about the same size as Peru.Mexico's capital is both the oldest capital city in the Americas and one of two founded by indigenous people, the other being Quito, Ecuador.

The city was originally built on an island of Lake Texcoco by the Aztecs in 1325 as Tenochtitlan, which was almost completely destroyed in the 1521 siege of Tenochtitlan and subsequently redesigned and rebuilt in accordance with the Spanish urban standards. In 1524, the municipality of Mexico City was established, known as México Tenochtitlán, and as of 1585, it was officially known as Ciudad de México (Mexico City). Mexico City was the political, administrative, and financial center of a major part of the Spanish colonial empire. After independence from Spain was achieved, the federal district was created in 1824. After years of demanding greater political autonomy, residents were finally given the right to elect both a head of government and the representatives of the unicameral Legislative Assembly by election in 1997. Ever since, left-wing parties (first the Party of the Democratic Revolution and later the National Regeneration Movement) have controlled both of them. The city has several progressive policies, such as abortion on demand, a limited form of euthanasia, no-fault divorce, and same-sex marriage. On 29 January 2016, it ceased to be the Federal District (Spanish: Distrito Federal or D.F.) and is now officially known as Ciudad de México (or CDMX), with a greater degree of autonomy. A clause in the Constitution of Mexico, however, prevents it from becoming a state within the Mexican federation, as it is the seat of power in the country, unless the capital of the country were to be relocated elsewhere.

Source: Wikipedia