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German leader Angela Merkel named Time’s Person of the Year

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NEW YORK — German leader Angela Merkel has been named Time’s Person of the Year.

Merkel’s selection was announced Wednesday morning on NBC’s “Today” show.

The seven other finalists include Donald Trump, the Black Lives Matter protest movement and Uber’s CEO, Travis Kalanick.

Time says it named Merkel because she opened her nation’s borders to hundreds of thousands of refugees and managed Europe’s debt crisis.

Merkel is the first individual woman to receive the “Person of the Year” recognition since Time changed its title from “Man of the Year” in 1999.