Obama to Usher In New World Order

In a surprising late-night twist on the eve of the G-20 Summit in Pittsburgh, FOX News has learned President Obama will announce Friday morning a significant expansion of the consortium of countries that tackles global economic and climate change issues.

Obama will tell reporters that the G-20, comprised of 19 industrial and emerging-market countries plus the European Union, will supplant the smaller Group of Eight nations, G-8, as the go-to group for solving the world's economic ills.

"This decision brings to the table the countries needed to build a stronger, more balanced global economy, reform the financial system, and lift the lives of the poorest," the White House said in a statement.

The G8 will retain its national security focus, but be replaced by the broader G-20 on the issues of climate change, financial regulatory reform and global imbalances.



More Here