Barack Obama suffers another defeat as he is knocked off Forbes power top spot

[Ranmaru Mori]

Barack Obama suffers another defeat as he is knocked off Forbes power top spot

Hu Jintao, the Chinese president, has been named the most powerful person on Earth knocking Barack Obama off the top spot.

Published: 10:46AM GMT 05 Nov 2010

Hu Jintao, the Chinese president, has been named the most powerful person on Earth knocking Barack Obama off the top spot Photo: GETTY

President Hu Jintao Photo: GETTY

Mr Obama is still smarting from heavy losses in the midterm elections Photo: AP

The annual list, compiled by Forbes, the business magazine, places David Cameron, the British prime minister, at seven, behind Angela Merkel, the German chancellor in the list of 68. Forbes explained that those on the list had been chosen “because, in various ways, they bend the world to their will”.

King Abdullah bin Abdul Aziz al Saud of Saudi Arabia came in third behind Mr Jintao and Mr Obama, while Vladimir Putin, the Russian prime minister was fourth, ahead of Dmitry Medvedev, who only came in at 12. Pope Benedict XVI was in fifth place, while the rest of the top 10 was rounded off by Ben Bernanke, chairman of the Federal Reserve, Sonia Gandhi, the Indian president, and Bill Gates, the founder of Microsoft and the Bill and Melinda Gates Foundation.

Mr Gates finished ahead of Steve Jobs, the CEO of Apple, who was in 17th place. The list, another blow to the US president, cited his party’s poor performance in the midterm elections. “Obama’s Democrats suffered a mighty blow in US midterm elections, with the president decisively losing support of the House of Representatives, and barely holding onto the Senate.

It’s quite a comedown for last year’s most powerful person, who after enacting widespread reforms in his first two years in office will be hard-pressed to implement his agenda in the next two.” Mr Obama’s wife, Michelle, was last month named Forbes Most Powerful Woman. Of Mr Hu, Forbes wrote: “Unlike Western counterparts, Hu can divert rivers, build cities, jail dissidents and censor internet without meddling from pesky bureaucrats, courts.

Recently surpassed Japan to become the world’s second-largest economy both in absolute and purchasing power terms. Credible estimates have China poised to overtake US as world’s largest economy in 25 years – although, crucially, not on a per-capita basis.”