Britain’s first female Prime Minister, a leader who stood alongside President Reagan and Pope John Paul II to bring down the Soviet Union and defeat communism at its peak, has died.

Via the BBC:

Former Prime Minister Baroness Thatcher has died “peacefully” at the age of 87 after suffering a stroke, her family has announced.

David Cameron called her a “great Briton” and the Queen spoke of her sadness at the death.

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Lady Thatcher was Conservative prime minister from 1979 to 1990. She was the first woman to hold the role.

She will not have a state funeral but will be accorded the same status as Princess Diana and the Queen Mother.

The ceremony, with full military honours, will take place at London’s St Paul’s Cathedral.

The union jack above Number 10 Downing Street has been lowered to half-mast.

Thatcher led the UK out of economic stagnation by moving away from socialism and toward a more freedom influenced model.

She is considered Britain’s greatest peacetime leader.  The world lost a leader among leaders today.

Watch the Iron Lady in one of her finer moments, ripping socialism by saying “they’d rather have the poor poorer”.

This was her last House of Commons Speech on November 22, 1990.  (h/t Weasel Zippers):