FORBES magazine has named German Chancellor Angela Merkel the world’s most powerful woman, calling her the “undisputed” leader of the EU and head of its only “real global economy”.

Lady Gaga has been named the most powerful female celebrity in the world by Forbes.

THE room is large and airy, the stone floors clean and cool — a welcome respite from the afternoon sun. Until your eyes take in the horror that it holds. Ten malnourished children — nine of them girls.

PEPSICO Inc is buying a majority stake in Wimm-Bill-Dann Foods for $3.8 billion (€2.79bn), making it the biggest Russian food and beverage company.

Lady Gaga and Beyonce Knowles have been named in the top ten of the 2010 Forbes Most Powerful Women In The World list.

GERMAN leader Angela Merkel and businesswomen dominate Forbes magazine’s new list of powerful women, while First Lady Michelle Obama and Secretary of State Hillary Clinton didn’t break the top 30.

PRESIDENT Mary McAleese is among the world’s most powerful women, according to Forbes magazine.