Two-time Academy Award winner Meryl Streep is currently filming “The Iron Lady,” a biopic in which she plays the former British Prime Minister, Margaret Thatcher. Phyllida Lloyd, the film’s director, is reteaming up with Streep whom she directed in the musical “Mamma Mia!”

Thatcher, who is currently 85 years old, will see Streep, 61, play her as the Prime Minister during the 17 days leading up to the Falkland War. Taking a cue from “The Queen,” a highly acclaimed film portraying a small period of time in Queen Elizabeth’s life, the movie will use the limited time frame to convey the character, strength and weaknesses of England’s most famous female politician.

Streep, who is no stranger to playing real life women including Julia Child and union activist Karen Silkwood, is thrilled to be playing the part. According the movie’s official blog Meryl said, “The prospect of exploring the swathe cut through history by this remarkable woman is a daunting and exciting challenge,” she also added, “I am trying to approach the role with as much zeal, fervor and attention to detail as the real Lady Thatcher possesses – I can only hope my stamina will begin to approach her own!”

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