FINANCIAL TIMES: Markets surged on Thursday as world leaders agreed a sweeping package of measures to fight the global recession, including a $250bn increase in the international money supply. Gordon Brown, UK prime minister and host of the G20 summit in London, claimed that the deal marked the emergence of a “new world order” as he announced a range of moves, including a pledge to give a $500bn boost to International Monetary Fund to help struggling emerging economies. In Asia, stocks surged ahead of the summit, with Hong Kong shares’ seeing their biggest daily advance in four months.The rallies continued in Europe and the US, where the S&P 500 was up nearly 4 per cent in midday trading. The summit ended with smiles, a lengthy communiqué and grandiose pronouncements although a row between China and France over the blacklisting of tax havens – including possibly Hong Kong and Macao – blazed behind the scenes. US officials say that Barack Obama helped broker a compromise over offshore tax savings between Hu Jintao of China and Nicolas Sarkozy of France, who had threatened to walk away from the summit. MORE
WIKIPEDIA: In international relations theory, the term “new world order” refers to a new period of history evidencing a dramatic change in world political thought and the balance of power. However, in conspiracy theory, the term “New World Order” (the capital letters are distinguishing) refers to the advent of a cryptocratic or totalitarian world government. At the core of most theories, a powerful and secretive group of globalists is conspiring to eventually rule the world through an autonomous world government, which would replace sovereign states and other checks and balances in international power struggles. Significant occurrences in politics and business are speculated to be caused by an extremely influential cabal operating through many front organizations. Numerous historical and current events are seen as steps in an on-going plot to achieve world domination primarily through secret political gatherings and decision-making processes. Social critics have expressed concern that the synthesis of paranoid theories about a New World Order conspiracy, which were once limited to American far-right audiences, has given them mass appeal and enabled them to become commonplace in mass media, thereby inaugurating an unrivaled popular culture of conspiracism in the U.S. of the late 20th and early 21st century. Some warn that this development may have negative effects on American political life, such as producerist demagogy and moral panic influencing elections as well as domestic and foreign policy.[2][3][4][5][6]MORE
THE GUARDIAN: For more than seven hours yesterday, police prevented people from leaving the area of the London G20 demonstrations near the Bank of England. Protesters who had wanted to demonstrate against the British banking system and capitalism in general, but who had also wanted to protest about climate change or the wars in Iraq and Afghanistan elsewhere in the capital, were hemmed in. Officers forming a wall of fluorescent yellow told those who wanted to leave the area and were puzzled that they could not: “Don’t ask us, ask the gaffer.” The area became a public lavatory as people unable to move away used the entrances to Bank underground station as a urinal. In nearby Bishopsgate, at the Climate Change camp, the same policy of containment was used until later into the night and this morning. This is a strategy called the “kettle”, which sees protesters herded into an area and kept there for hours. Its stated aim is to contain a protest in a small area so it does not spread. MORE