CNN has compiled a list of the “world’s” most powerful women in business. We put “world” in quotes because when CNN says “world” they actually mean “American” [and maybe some of western Europe].

So are these really the most powerful women in business? Well, in the western-centric view of CNN, they are. Oh, don’t say, “But Indra Nooyi is Indian” to defend CNN’s western-centrism.

1 Indra Nooyi, PepsiCo
2 Irene Rosenfeld, Kraft Foods
3 Pat Woertz, Archer Daniels Midland
4 Anne Mulcahy, Xerox
5 Angela Braly, Wellpoint
6 Andrea Jung, Avon Products
7 Susan Arnold, Procter & Gamble
8 Oprah Winfrey, Harpo
9 Brenda Barnes, Sara Lee
10 Ursula Burns, Xerox
11 Ann Livermore, Hewlett-Packard
12 Anne Sweeney, Walt Disney
13 Susan Desmond-Hellmann, Genentech
14 Ginni Rometty, IBM
15 Ellen Kullman, Dupont
16 Safra Catz, Oracle
17 Heidi Miller, J.P. Morgan Chase
18 Judy McGrath, Viacom
19 Carol Meyrowitz, TJX
20 Ann Moore, Time Inc.
21 Christina Gold, Western Union
22 Amy Brinkley, Bank of America
23 Susan Ivey, Reynolds American
24 Colleen Goggins, Johnson & Johnson
25 Susan Chambers, Wal-Mart
26 Charlene Begley, General Electric
27 Barbara Desoer, Bank of America
28 Abigail Johnson, Fidelity
29 Pamela Nicholson, Enterprise
30 Liz Smith, Avon Products
31 Joanne Maguire, Lockheed Martin
32 Carrie Cox, Global Pharmaceuticals, Schering-Plough
33 Cece Sutton, Wachovia
34 Sheryl Sandberg, Facebook
35 Meredith Whitney, Oppenheimer & Co.
36 Jan Fields, McDonald’s USA, McDonald’s
37 Melanie Healey, Procter & Gamble
38 Lisa Weber, MetLife
39 Sue Decker, Yahoo
40 Claire Babrowski, Toys “R” Us
41 Kathleen Murphy, ING
42 Deirdre Connelly, Eli Lilly
43 Nancy Peretsman, Allen & Co.
44 Sherilyn McCoy, Johnson & Johnson
45 Gail Boudreaux, UnitedHealth Group
46 Lorrie Norrington, eBay
47 Terri Dial, Citigroup
48 Lynn Elsenhans, Sunoco
49 Cathie Black, Hearst Magazines
50 Marissa Mayer, Google