Oct. 31 - The world football governing body, Fifa, announced on Tuesday that Brazil will be the country to host the World Cup in 2014. 

"The executive committee has decided unanimously to give the responsibility, not the right, to organize Fifa's World Cup 2014 to the country Brazil," said Fifa president, Sepp Blatter, in a statement. 

The trophy was handed to visiting Brazilian President Luis Inacio Lula da Silva at the Fifa headquarters in Zurich on Tuesday. 

It is the first time since 1950 that the privilege has been bestowed on the Latin American country that calls itself "the land of the football boot." 

A football World Cup tournament is considered the world's biggest sports event. Brazil, which have won the Cup a record five times, were the only candidate for the 2014 event.