Uruguay, officially the Oriental Republic of Uruguay, is a country in the southeastern region of South America. It borders Argentina to its west and Brazil to its north and east, with the Río de la Plata (River of Silver) to the south and the Atlantic Ocean to the southeast. Uruguay is ranked first in Latin America in democracy, peace, low perception of corruption, e-government, and is first in South America when it comes to press freedom, size of the middle class and prosperity. It's capital Monevideo is classified as a beta global city ranking eighth in Latin America and 78th in the world and is described as a "vibrant, eclectic place with a rich cultural life".