Election of Obama Top Story of 2008

A new year is upon us. It's time for The Associated Press to announce the top stories of 2008. Editors and news directors in the U.S. chose the election of Barack Obama, the first African-American president, as the year's No. 1 story. The election was followed closely in the poll by the global economic crisis. Rounding out the 10 were:
3. The see-saw price of oil
4. Iraq war and the reduction of violence and timetable for withdrawal of U.S. troops
5. Beijing Olympics highlighted by the record-breaking performance of swimmer Michael Phelps
6. Chinese earthquake that killed 70,000 and left millions homeless
7. Sarah Palin, who was chosen as John McCain's running mate
8. Mumbai terrorism that killed 164
9. Hilary Clinton, who made a historic run for the White House and subsequently was chosen as Obama's secretary of state
10. Russia-Georgia five-day war