President Obama is 'Time' Magazine's 'Person Of The Year'

Writing that "after four of the most challenging years in the nation's history, his chance to leave office as a great president who was able to face crises and build a new majority coalition remains within reach," Time magazine has named President Obama its "person of the year."

The others on Time's "short list" were:

-- Malala Yousafzai, the Pakistani teenager who was shot and critically wounded because she has spoken out against the Taliban's campaign to stop girls from being educated.

-- Apple CEO Tim Cook.

-- Egyptian President Mohammed Morsi.

-- Fabiola Gianotti, one of the head scientists at CERN, the European Organization for Nuclear Research.

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