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This month's highlights: Close of a tumultuous year | The Obama transition | Airline turbulence | FT Seasonal Appeal: WaterAid | Festive cheer | Short View special

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MARKETS Close of a tumultuous year We have witnessed a shocking year in finance, yet a range of challenges and difficult questions remain for 2009 and beyond. Central banks slash rates | Oil prices plummeting | Financial service jobs being shed | Credit crunch conversations | Economists forum WORLD The Obama transition As Barack Obama prepares to take office, he has made headlines with his appointees and public strategy statements. Slideshow: Obama's team | Forum: challenges facing Obama | Pressure on Obama to deliver | Clive Crook's politics blog COMPANIES Airline turbulence The fortunes of the airline industry have taken a turn for the worse as orders have been delayed and merger talks abound. Airlines in depth | Industry to lose $2.5bn | Berlusconi's "Thatcher moment"? | Aerospace-defence RSS IN DEPTH FT Seasonal Appeal: WaterAid The Financial Times is lending its support to WaterAid, an international charity dedicated to overcoming poverty by enabling the world's poorest people to gain access to safe water, sanitation and hygiene education. Find our more about WaterAid FT WEEKEND Festive cheer Explore the FT Weekend's seasonal coverage, featuring Jancis Robinson's wine recommendations, Rowley Leigh's recipes, our critics' choices of entertainment for the holiday period and the year's best books. Visit Christmas 2008 in depth VIDEO Short View special John Authers tells the story of an amazing year in the markets with a look back at his Short View series through 2008. Watch the Short View series

Tools: Edit profile | RSS Feeds | News by email | Keyword alerts | Portfolio | FT on Facebook Markets FTSE 100 Most Popular And now for a world government Global demand for oil to plummet UK contraction speeding up Ross quits London Olympics roles Merrill board feels heat over bonuses In depth on FT.com Airlines French EU presidency UK house prices Christmas 2008 WaterAid Highlights PARTNERSHIP PUBLISHING Climate Change: Business This new report explores the risks, costs and opportunities for business presented by climate change. See the complete report IN DEPTH Credit Crunch Conversations Some of the chief protagonists of the crisis explain not just what happened, but also how they think finance will adapt to the post-crash world. Visit the in depth section