19/12/2012 - United States President Barack Obama was named Time Magazine's "Person of the Year" for 2012.
The magazine cited his historic re-election last month as symbolic of the demographic change in the country.
"He is basically the beneficiary and the author of a new type of United States," said Editor Rick Stengel. "He won re-election despite a higher rate of unemployment which nobody has faced in basically 70 years. He is the first Democrat to win two consecutive terms with more than 50 percent of the votes since Franklin Delano Roosevelt,"
Obama was picked over Malala Yousufzai, a Pakistani who was shot in the head by the Taliban to defend the education of young women, said Stengel.
Other finalists included the Chief Executive of Apple Tim Cook; Egyptian President Mohamed Morsi; and scientist Fabiola Gianotti.
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