Forbes' 100 Most Powerful Women 2008

Philippine President Gloria Macapagal-Arroyo has been named one of the most powerful women in the world for 2008 by Forbes Magazine.

PGMA is ranked #41, ahead of US First Lady Laura Bush (#44), Queen Elizabeth II (#58), ABC's Barbara Walters (#63) and Diane Sawyer (#65), Liberian President Ellen Johnson-Sirleaf (#66) and Queen Rania Al-Abdullah of Jordan (#96).

It's actually the lady president's third time in the list, the first time being was in 2004 when she was at #9 and the second time in 2006 when she was ranked #46.

To quote from Forbes, here's how they describe President Arroyo:

The scandal-tainted president's popularity fell to a record low in June over escalating food and energy prices; Arroyo soon announced a deal with oil companies to trim diesel prices. A recent imbroglio: Arroyo's husband is among those accused of accepting bribes in a $330 million deal with a Chinese telecom firm. Despite rumors of another ouster campaign in the works, Arroyo has survived three impeachment attempts and three coup plots since taking office in 2001 and is sure to fight back.

Topping the list for the third time is German chancellor Angela Merkel.

Here's the complete list of 100 Most Powerful Women in the World 2008:

rank name 1 Angela Merkel 2 Sheila C. Bair 3 Indra K. Nooyi 4 Angela Braly 5 Cynthia Carroll 6 Irene B. Rosenfeld 7 Condoleezza Rice 8 Ho Ching 9 Anne Lauvergeon 10 Anne Mulcahy 11 Gail Kelly 12 Patricia A. Woertz 13 Cristina Fernandez 14 Christine Lagarde 15 Safra A. Catz 16 Carol B. Tome 17 Yulia Tymoshenko 18 Mary Sammons 19 Andrea Jung 20 Marjorie Scardino 21 Sonia Gandhi 22 Risa Lavizzo-Mourey 23 Sri Mulyani Indrawati 24 Dr. Julie Gerberding 25 Michelle Bachelet 26 Ellen Alemany 27 Carol Meyrowitz 28 Hillary Rodham Clinton 29 Hynd Bouhia 30 Anne Sweeney 31 Valentina Matviyenko 32 Nancy Tellem 33 Ann Livermore 34 Marina Berlusconi 35 Nancy Pelosi 36 Oprah Winfrey 37 Gulzhan Moldazhanova 38 Aung San Suu Kyi 39 Lynn Laverty Elsenhans 40 Melinda Gates 41 Gloria Arroyo 42 Jane Mendillo 43 Linda Z. Cook 44 Laura Bush 45 Brenda Barnes 46 Christine Poon 47 Neelie Kroes 48 Amy Woods Brinkley 49 Susan E. Arnold 50 Susan Decker 51 Ana Patricia Botin 52 Tzipora Livni 53 Dominique Senequier 54 Amy Pascal 55 Ursula Burns 56 Helen Clark 57 Laura Desmond 58 Queen Elizabeth II 59 Mayawati Kumari 60 Judy McGrath 61 Meredith Vieira 62 Katie Couric 63 Barbara Walters 64 Sallie Krawcheck 65 Diane Sawyer 66 Ellen Johnson-Sirleaf 67 Janice Fields 68 Zhang Xin 69 Zaha Hadid 70 Yang Mian Mian 71 Tarja Halonen 72 Ruth Bader Ginsburg 73 Hyun Jeong-Eun 74 Mary McAleese 75 Guler Sabanci 76 Drew Gilpin Faust 77 Lisa M. Weber 78 Dora Bakoyannis 79 Beth Brooke 80 Lee Myung-Hee 81 Susan M. Ivey 82 Nancy McKinstry 83 Janet L. Robinson 84 Margaret Chan 85 Clara Furse 86 Ellen J. Kullman 87 Susan Desmond-Hellmann 88 Eva Cheng 89 Maha Al-Ghunaim 90 Christina Gold 91 Christiane Amanpour 92 Pamela Nicholson 93 Ann Moore 94 Sharon Allen 95 Jing Ulrich 96 Queen Rania Al-Abdullah 97 Virginia Rometty 98 Georgina Rinehart 99 Kiran Mazumdar-Shaw 100 Paula Rosput Reynolds

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