Barack Obama named TIME magazine’s Person of the Year for 2012

TIME Magazine’s Person of the Year 2012. US President Barack Obama named TIME magazine’s Person of the Year for 2012.

President of United States of America Barack Obama was named TIME Magazine’s Person of the Year for 2012. He was named TIME’s person of the years award for his historic re-election last month as symbolic of the nation’s changing demographics amid the backdrop of high unemployment and other challenges.

TIME editor Rick Stengel announced the choice on NBC’s “Today” program on December 19, 2012.

“He’s basically the beneficiary and the author of a kind new America – a new demographic, a new cultural America that he is now the symbol of,” he said.

Obama edged out Pakistani girl Malala Yousufzai, who shot in the head by the Taliban for advocating girls’ education, for the honor.

Other finalists included Apple Chief Executive Tim Cook, Egyptian President Mohamed Morsi and scientist Fabiola Gianotti, he added.

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