For the first time in almost 30 years, a woman has been named TIME's Person Of The Year; and all the women of the world collectively jump for joy.

The woman in question is the Chancellor of Germany, Angela Merkel. The last woman to be given TIME's annual accolade was Corazon C. Aquino, the President of the Phillipines and a prominent figure in 1986's People Power Revolution.

Only five women in history have been honoured with the title - not including the TIME Person of the Year award in 1975 which was dedicated to all American women. 

TIME named Merkel the 'Chancellor of the free world' on their illustruious cover and poignantly said the politician was deserving of the award, having shown "steadfast moral leadership in a world where it is in short supply".

Merkel was also praised for her part to play in Europe's ongoing crisis over migration and how she dealt with the revelations of Greece's crippling debt. 

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As the first female Chancellor of Germany, Angela is a powerful female figure in golbal politics.

She was chosen from a shortlist of eight people who have made a difference in 2015, including Caitlyn Jenner, the CEO of Uber, Travis Kalanik and the collective group of #BlackLivesMatter activists.

Although all deserving of commendation, Angela's presence in politics has meant a great deal to many women and morevoer, her supporters unanimously agree that she has helped keep peace in a particularly unsettled year.

Words by Francesca Donovan