Forbes’ latest list of the world’s 100 most powerful women is out, with German Chancellor Angela Merkel on top, FDIC  hero Sheila Bair at #2, and “performance with purpose” Pepsi CEO Indra Nooyi at #3.

Women to watch include Ursula Burns of Xerox, Chanda Kochhar of ICICI Bank, Johanna Sigurdardottir of Iceland, and Sallie Krawchek of Bank of America — for all of whom the magazine predicts “the next 12 months could be exciting–and terrifying.”

Also on this list is Queen Rania of Jordan (No. 75), whom Forbes describes as “perhaps the most listened-to woman in the Middle East; her Twitter feed has 600,000 followers.”  You heard it here first!