Putin hailed man of year

(01:16) Report

Dec 19 - Time magazine names Russian President Vladimir Putin as "Person of the Year" for 2007 "for making Russia critical to the 21st century."

The choice came days after Putin announced a plan to hold onto power after his term ends. Putin said that if his close ally, Dmitry Medvedev, wins next year's presidential vote, he would serve as Medvedev's prime minister.

Penny Tweedie reports.

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