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World begins ringing in 2012

With glittering fireworks and celebrations from New Zealand to Times Square, the world eagerly welcomed a new year and hope for a better future Saturday, saying goodbye to a year of hurricanes, tsunamis and economic turmoil that many would rather forget.

CBS News reports:

Revelers in Australia, Asia, Europe and the South Pacific island nation of Samoa, which jumped across the international dateline to be first to celebrate, welcomed 2012 with booming pyrotechnic displays. Fireworks soared and sparked over Moscow’s Red Square, crowds on Paris’ Champs-Elysees boulevard popped Champagne corks at midnight, and up to a million revelers were expected to jam New York’s Times Square for the famed crystal-paneled ball drop.