What do PGMA, Laura Bush, Queen Elizabeth, Aung San Suu Kyi have in common?
President Gloria Macapagal Arroyo is listed by Forbes as one of the 100 world's most powerful women. PGMA, who is ranked 45th, is just a little bit below Mrs. Laura Bush (43rd) and even ahead of such well known figures as Queen Elizabeth (45th) and Aung San Suu Kyi (46th). The report was filed August 30, 2006 in Forbes magazine. I heard some time ago that PGMA was listed in a similar list but I am not sure if this is the same list.
Listed as #1 is Ms. Angela Merkel, Germany's new chancellor, while at #2 is US State Secy Condoleeza Rice. Among the other popular figures in the list are Melinda Gates, Oprah, Sonia Gandhi, Hillary Clinton, Katie Couric, and Cristiane Amanpour. According to Forbes magazine, a person is listed as powerful based mainly on two criteria: that of their visibility and economic impact. I am sure the opposition hates the fact that they contribute to PGMA's visibility, and thus helped her get into the listing.
Actually, PGMA dropped 41 notches from last year when she was ranked 4th. Nevertheless, she was credited to have lowered the Philippines' budget deficit and increased the country's electronics export.
It's been a tumultuous tenure for President Arroyo. Last year, she fended off an impeachment attempt stemming from allegations that she cheated to win her country's May 2004 elections. The storm is not over. The scandal-plagued Arroyo, 59, who became president in 2001, faces continuous calls to step down before her term ends in 2010; plans for impeachment proceedings seem to perennially loom. The controversy overshadows Arroyo's successful lowering of the budget deficit and her work increasing Philippine electronics exports. —Tatiana Serafin
