Chinese President Xi Jinping was ranked first in the Forbes' most powerful list this year while Crown Prince Mohammed bin Salman was eighth. EPA/ AP
Chinese President Xi Jinping was ranked first in the Forbes' most powerful list this year while Crown Prince Mohammed bin Salman was eighth. EPA/ AP

China's Xi Jinping, Vladimir Putin and Saudi Crown Prince in Forbes' most powerful list



It could a sign of the global power struggle to come. China’s leader Xi Jinping has pushed out Russia’s Vladimir Putin from top spot in the latest list of the world’s most powerful people.

In a further sign of changing times, the annual survey by Forbes magazine sees US President Donald Trump slump to third.

Among the newcomers, Crown Prince Mohammed bin Salman of Saudi Arabia makes the top ten in eighth place, and at 32 is also the youngest.

With 75 names on the list, the President, Sheikh Khalifa, retains his place at 43rd, two places ahead of Egypt’s President el-Sisi.

Inclusion on the list is decided by a complex equation which includes military might, economic resources, and an individual’s power to influence others.

Pope Francis, whose army consists of Vatican guards armed with halberds, and lives in the world’s smallest country, nevertheless guides the spiritual needs of 1.3 billion members of the Roman Catholic Church, and sits in sixth place.

From outside the world of politics, fifth placed Jeff Bezos, the founder of Amazon, outranks Microsoft’s Bill Gates in seventh.

Angela Merkel, the German chancellor is fourth and the highest placed woman in a list still dominated by men. Other powerful females include the British prime minister Theresa May, who sits in 14th place despite her struggles with Brexit, and Christine Legard of the International Monetary Fund at 22nd.

One individual whose place on the next list must be doubtful is Abu Bakr Al Baghdadi, the self-proclaimed leader of the rapidly diminishing Islamic State. As the hunted leader of a terrorist organisation, he will be lucky to see 2019, let alone retain his place as 73rd in the ranks of the world’s most powerful.

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Read more: 

World's top 10 richest for 2018 revealed as seven from UAE make Forbes' billionaires list

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For the moment, Iran’s supreme leader, Ayatollah Khamenei and President Bashar Al Assad remain on the list, respectively 17 and 62.

Other notable members of the power club include Kim Jong-un, supreme leader of North Korea, in 36th place, Tesla chief Elon Musk in 25th and Indian prime minister Narendra Modi in ninth.

At the age of 89, Hong Kong businessman Li Ka-shing is the oldest, and with a fortune of US$34 billion, one of the wealthiest.

For the 2018 list there are 17 new names, including President Macron of France and Reed Hastings of Netflix.

Forbes does not name the 17 unfortunates who have slipped from the ranks of the powerful, but only 15 individuals can claim to have been present since the first list was issued in 2009.

As of 2018 they do not include President Obama, or Rex Tillerson, the former CEO of ExxonMobil and who must have hoped to retain his place after being appointed US Secretary of State in early 2017 – until President Trump fired him in March.

Company%20Profile
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List of alleged parties

 

May 12, 2020: PM and his wife Carrie attend 'work meeting' with at least 17 staff 

May 20, 2020: They attend 'bring your own booze party'

Nov 27, 2020: PM gives speech at leaving party for his staff 

Dec 10, 2020: Staff party held by then-education secretary Gavin Williamson 

Dec 13, 2020: PM and his wife throw a party

Dec 14, 2020: London mayoral candidate Shaun Bailey holds staff event at Conservative Party headquarters 

Dec 15, 2020: PM takes part in a staff quiz 

Dec 18, 2020: Downing Street Christmas party 

Farasan Boat: 128km Away from Anchorage

Director: Mowaffaq Alobaid 

Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani

Rating: 4/5

Three trading apps to try

Sharad Nair recommends three investment apps for UAE residents:

  • For beginners or people who want to start investing with limited capital, Mr Nair suggests eToro. “The low fees and low minimum balance requirements make the platform more accessible,” he says. “The user interface is straightforward to understand and operate, while its social element may help ease beginners into the idea of investing money by looking to a virtual community.”
  • If you’re an experienced investor, and have $10,000 or more to invest, consider Saxo Bank. “Saxo Bank offers a more comprehensive trading platform with advanced features and insight for more experienced users. It offers a more personalised approach to opening and operating an account on their platform,” he says.
  • Finally, StashAway could work for those who want a hands-off approach to their investing. “It removes one of the biggest challenges for novice traders: picking the securities in their portfolio,” Mr Nair says. “A goal-based approach or view towards investing can help motivate residents who may usually shy away from investment platforms.”
Key fixtures from January 5-7

Watford v Bristol City

Liverpool v Everton

Brighton v Crystal Palace

Bournemouth v AFC Fylde or Wigan

Coventry v Stoke City

Nottingham Forest v Arsenal

Manchester United v Derby

Forest Green or Exeter v West Brom

Tottenham v AFC Wimbledon

Fleetwood or Hereford v Leicester City

Manchester City v Burnley

Shrewsbury v West Ham United

Wolves v Swansea City

Newcastle United v Luton Town

Fulham v Southampton

Norwich City v Chelsea

Scorebox

Dubai Sports City Eagles 7 Bahrain 88

Eagles

Try: Penalty

Bahrain

Tries: Gibson 2, Morete 2, Bishop 2, Bell 2, Behan, Fameitau, Sanson, Roberts, Bennett, Radley

Cons: Radley 4, Whittingham 5

The years Ramadan fell in May

1987

1954

1921

1888

The%20specs
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Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
The specs

  Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now

The Library: A Catalogue of Wonders
Stuart Kells, Counterpoint Press