Iceland's Out P.M. Makes Forbes List of Most Powerful Women

(From Forbes.com) Elected to office in February after former Prime Minister Geir Haarde became the first world leader to leave office as a direct result of the global financial crisis. The tiny nation of 300,000 nearly collapsed as its three largest banks were felled by debt. Working vigorously to fix the broken banking system, [Johanna Sigurdardottir] promoted entry into the European Union as one solution. Signed stability pact in June, the cornerstone of the government's plans for economic reconstruction. The former stewardess oversees the world's oldest parliament, the Althingi, which dates back to 930 A.D. —Tatiana Serafin