of Germany Angela Merkel has topped
the Forbes list of 100 powerful
women for the second year in a row.
Not only is she in control of the large
European country of Germany, but she is
also using her power to tackle difficult
issues. Merkel set a challenging target
to cut carbon emissions in Europe and
argued her case successfully with G-8
leaders. The powerful German woman has
an approval rating in her home country
of 75%, even after raising taxes. She
doesn't see her sex as being an important
issue though; "It seems to me
that the fact that I am a woman is a bigger
issue than the fact that I'm from the
East. For me it isn't really important.
I've only ever known myself as a woman."
Asian women feature prominently in the
top ten of the most powerful women list,
with Wu Yi of China in second place, Ho
Ching of Singapore third, and the Indian
Sonia Gandhi in sixth position. A total
of 66 women on the list of one hundred
are in powerful corporate positions, which
should be encouragement for women that
believe there's too many barriers holding
them back from climbing the corporate
ladder. The other 34 women on the Forbes
power list include women in politics.
Women are are now taking charge and gaining
positions of power in large multinational
corporations, foundations, and important
Much of the world may not even recognize
the face of Wu Yi, but she holds the powerful
position of the Vice premier of the People's
Republic of China. She has been nicknamed
the "iron lady of China", and
she needs to be made of iron as the U.S.
treasury secretary Henry Paulson hasn't
made life easy for her. The United States
government has been pressuring China to
revalue the Chinese yuan as the current
artificially low value gives Chinese exporters
an unfair competitive advantage. Wu Yi
has stayed strong under pressure, saying
that "We will not reform the yuan
until the time is right even if there
is external pressure."
American women dominated the top ten most
powerful women in the world for 2006
with 7 out of 10 places, but lost some
of their dominance in 2007 with 5 out
of 10 women being from the United States.
Other notable women on the list include
queen Oprah Winfrey in 21st position,
the Queen of England in 23rd, philanthropist
Melinda Gates in 24th, senator
Hillary Rodham Clinton in 25th place,
Queen Rania of Jordan was 82nd, and American
First Lady Laura Bush in 60th position.
Forbes ranks the most powerful women in
the world by using a number of indicators
to measure the power and influence of
each woman on the list. Things like the
number of times the woman was mentioned
in the press and the economic impact that
they have are taken into account.
Chief executive, Temasek Holdings
US Secretary of State
Chairman, chief executive, PepsiCo
President, National Congress Party
Chief executive, Anglo American
Chairman, Archer Daniels Midland
Chairman, chief executive, Kraft
Chief executive, Alcatel-Lucent
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