-- Sovereign Wealth Funds. Economists estimate that SWFs collectively held
about $2.5 trillion in assets last summer, making them larger than the
hedge-fund industry and some are starting to act like private-equity
funds, amassing big stakes in blue chips and buying entire companies.
-- Videogame development company Harmonix invigorated the music-videogame
category with Guitar Hero I and II, and reinvented the genre with their
latest game, Rock Band.
-- Adaptation to climate change. Since it is too late to stop global
warming, people will have to find ways to adapt to the rapid climate
changes in order to survive.
-- The Sanger Institute's Tim Hubbard is leading an international team
that will probe deeper than ever before into the mysteries of the human
-- Amy Adams, Oscar nominee for her role in 2005's "Junebug" and star of
-- Future Los Angeles Philharmonic music director Gustavo Dudamel.
TRANSITION: Noted in Passing. Newsweek looks back at the significant figures who died this year including former U.N. secretary-general Kurt Waldheim, classical mime Marcel Marceau, fashion icon Liz Claiborne and opera great Luciano Pavarotti.
WORLD VIEW: Goodbye to Global Free Trade. The post-World Wa
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