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As midnight marched across the world's time zones last night, people welcomed the start of a new year, ushering out the old and toasting the new. From Beijing to Moscow, Beirut to Paris, and London to New York, parties, fireworks and festivals welcomed 2012, the Year of the Dragon in the Chinese Lunar Calendar. Gathered here are images from these celebrations last night, and the many people who took part. Happy New Year everyone, may it be a fantastic year for you and yours.

Fireworks light up the London skyline and Big Ben just after midnight on January 1, 2012, in London, England. Thousands of people lined the banks of the River Thames in central London to ring in the New Year with a spectacular fireworks display. (Dan Kitwood/Getty Images)

A couple watches the last rays of sunlight for 2011 at sunset from the waters off Waikiki Beach in Honolulu, Hawaii, on December 31, 2011. (Reuters/Jason Reed)

A giant dragon lantern is displayed to celebrate the New Year near the border village of Panmunjom (DMZ) that separates the two Koreas since the Korean War, at Imjingak Pavilion in Paju, South Korea, Sunday, January 1, 2012. The year 2012 is celebrated as the year of the dragon on the Chinese lunar calendar. (AP Photo/Ahn Young-joon)

Women use sparklers to draw "2012" for photographers, in front of a house, as they celebrate New Years Eve in Manila, Philippines, on December 31, 2011. (Reuters/Romeo Ranoco)

Confetti drops as a Filipino blows his paper horn as they welcome the New Year at Manila's Rizal Park, Philippines, on Sunday January 1, 2012. More than 200 people have been injured by illegal firecrackers and celebratory gunfire in the Philippines despite a government scare campaign against reckless New Year revelries, officials recently said. (AP Photo/Aaron Favila)

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