'Forbes' Ranks the World's Powerful Women

Forbes magazine releases its annual ranking of the 100 most powerful women. The chancellor of Germany, Angela Merkel, is at the top, and Condoleezza Rice is No. 4. But more than half the women on the list are business leaders, not government leaders.

Rounding out the top five are Secretary of State Rice and Indra Nooyi, CEO and Chairman of Pepsico. Others include Melinda Gates, Laura Bush, Hillary Clinton, chief executives of several multinational companies, and Oprah Winfrey.

Forbes Senior Editor Elizabeth MacDonald, calls it an interesting list.

"And what struck me was the rise of women in the Middle East," MacDonald said, "who happen to be Muslim."

Mac Donald says 10 Middle Eastern women made the list, despite political and cultural pressures that often work against them.

American women make up 50 percent of the Forbes list.

MacDonald says that overall, the women are not worrying about any glass or even concrete ceilings — they have arrived, she says, because of their intelligence wit, integrity, focus and drive.

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