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President Barack Obama has been named Time’s 2012 Person of the Year. The publication said, in announcing its choice for the annual cover story : “We are in the midst of historic cultural and demographic changes, and Barack Obama is both the symbol and in some ways the architect of this new America.” “In 2012, he found and forged a new majority, turned weakness into opportunity and sought, amid great adversity, to create a more perfect union.” Obama won a second term in the White House last month, withstanding a challenge by Mitt Romney and varying degrees of foreign and domestic tumult. The short list of runners-up for the Time distinction: The late Malala Yousafzai, a symbol of the struggle for global women’s rights Mohamed Morsi, Egypt’s new president Renowned physicist Fabiola Gianotti Apple CEO Tim Cook Obama also won the magazine’s POY honor in 2008. Last year’s winner was The Protester, an amalgam of those who sought change around the world. Mark Zuckerberg won in 2010 and Ben Bernanke in 2009. North Korean leader Kim Jong Un won Time ‘s reader poll for 2012 … thanks to 4chan trolls. Do you agree with Obama’s POY selection?   Yes. He’s the perfect choice. No way! Someone else! View Poll »

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Barack Obama: Time Person of the Year 2012!