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Time magazine has given its annual Person of the Year award to US President-elect Barack Obama.

Mr Obama was awarded the title "for having the confidence to sketch an ambitious future in a gloomy hour," said the US-based magazine.

It said he showed "the competence that makes Americans hopeful he might pull it off".

Recent winners have included Russian Prime Minister Vladimir Putin, the American soldier and the online public.

Time told readers it was "unlikely that you were surprised to see Mr Obama's face on the cover".

source: BBC News

Incoming U. S pres Barack Obama deserves the title, wish him the best &
hopefully he can put back the U. S economy on the right direction.