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| German Chancellor Angela Merkel. |
New York, USA: German Chancellor Angela Merkel topped Forbes's list of the world's most powerful women for the fourth consecutive year, followed by US Federal Reserve Chair Janet Yellen, the magazine said Wednesday.
Behind them came Melinda Gates, who co-chairs the Bill and Melinda Gates Foundation with her billionaire philanthropist husband, Brazilian President Dilma Rousseff and IMF chief Christine Lagarde.