German Chancellor Is World's Most Powerful Woman
German Chancellor Angela Merkel has once again been named the most powerful woman in the world by Forbes magazine. US Secretary of State Condoleezza Rice only managed No.7 while a relatively unknown banker was given the No. 2 ranking.
Influential US magazine Forbes has once again compiled its list of the world's 100 most powerful women and this year's selection is dominated by women from the United States. At the very top, though, is a German: Chancellor Angela Merkel has been awarded the numer one spot for the third year in a row.
The German leader came out just ahead of the little known Sheila Blair, head of the Federal Deposit Insurance Corporation, the US bank-deposit insurer which has had to deal with global financial panic kicked off by the subprime crisis. Indra K. Nooyi, the CEO of PepsiCo, is in slot three.Read More
