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...earn greater returns than U.S. Treasury debt, the traditional safe haven. The largest SWFs - the so-called Super Seven, which includes China, Russia, Abu Dhabi, Kuwait, Norway and two Singapore funds - control up to $1.8 trillion. By 2011, assets under management at SWFs worldwide are projected to grow almost fourfold to nearly $8 trillion, according to Merrill Lynch. By comparison, hedge funds - unregulated private investment funds - control between $1.5 and $2.6 trillion, according to estimates...

Author: /time Magazine | Title: The Wealth of Nations | 12/6/2007 | See Source »

...fellow hackers may be lying low for now. But the controversy over the activities of hundreds of Chinese like them will only continue to grow. Though the evidence remains mostly circumstantial, a picture is emerging of a coordinated effort by Chinese-military authorities to recruit hackers such as Tan and his group to winkle out information from computer systems outside China and launch cyberattacks in future conflicts...

Author: /time Magazine | Title: Enemies at The Firewall | 12/6/2007 | See Source »

...from those regions to return home and talk to high school students about misconceptions. Such a program could show students that Midwesterners and Southerners are welcome and can fit in at Harvard, and that their future classmates will be (for the most part) normal people, even if they did grow up in one of the 13 original colonies...

Author: By Caroline A. Bleeke | Title: Don’t Coddle the Coasts | 12/6/2007 | See Source »

...east of the Mississippi (built in 1961). Just four miles east of Philadelphia, the town is a crowded patch of box stores and neighborhoods. The parents of at least four of the defendants had moved to Cherry Hill from bigger cities to give their children a safe place to grow up in. Four of the six attended Cherry Hill High School West, and all are longtime friends. Three - Dritan, Shain and Eljvir Duka - are brothers...

Author: /time Magazine | Title: The Fort Dix Conspiracy | 12/6/2007 | See Source »

...Sometimes, though, it seems as if the government is trying to do everything: gather intelligence, pre-empt a terrorist attack and send people to prison, even if the evidence is thin. Investigations seem to grow into case files, which lead to press conferences. "From the perspective of the investigators," says Jenkins, the Rand expert, "the more you invest in an investigation, you create your own momentum. You become convinced you've got a case...

Author: /time Magazine | Title: The Fort Dix Conspiracy | 12/6/2007 | See Source »

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