Women are making waves in politics, non-profits and business around the world. Their influence is growing. Forbes' Power Women list is not about celebrity or popularity, it is about influence. Queen Rania of Jordan (NO 75), for instance, is perhaps the most listened-to women in he Middle East, her Twitter feed has 600,000 followers. In assembling the list, Forbes looked for women who run countries, big companies or influential non-profits. Their ranking is the combination of two scores: visibilty by press-mentions and size of the organizations or country these women lead. At No 1, for the fourth consecutive year is German Chancellor Angela Merkel. Up for re-election this September, she is leader of the world's fourth-largest economy. She faces a tough year. Germany's GDP is expected to shrink despite a small up tick in the second quarter. Federal Deposit Insurance Corp. Chairman Sheila Bair who remains in the No.2 spot, has presided over the orderly take over of 77 banks so far this year. Chief Executive Indra Nooyi of PepsiCo (No. 3), Cynthia Carroll of Anglo American (No 4), and Irene Rosenfeld of Kraft Foods (No 6) rank among the world's most powerful businesswomen and are tasked with steering their companies through unusually challenging times. Singapore's Sovereign Wealth Fund, Tamasek has delivered extraordinary average annual returns of 18 % under the leadership of Ho Ching (No. 5). First lady Michelle Obama, a champion for working women and the families of US military, appears at No. 40.
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