The 3-day 23rd annual G7 Economic Summit and "Denver Summit of Eight" concluded on June 22. It was held amidst a great deal of propaganda about the U.S. finally emerging as the "sole military superpower" within a "unipolar world." In a pre-summit speech, Clinton declared "we host our partners at a time when America's economy is the wealthiest in a generation and the strongest in the world." The fact, however, is that the European Union, its member countries, and the U.S. have sharp contentions amongst themselves, not to mention the Russian Federation. The sharpening rivalries amongst them and the other economic powers pose the danger of another world war. The Summit of Eight Communique is a manifesto of their common maneouvring for sources of raw materials and areas for export of capital which will contribute to this danger. The Denver Summit of Eight issued a communique declaring that they have targetted the African nations as an area of expansion. Having shifted the flow of finance capital to the countries of the former Soviet Union and Eastern Europe over the past 8 years, they now plan to take "new concrete action (for) African countries to participate fully in the expansion of global prosperity." Declaring their pleasure with "fiscal and financial practices and ... market oriented economic policies, including trade liberalization and investment climate improvement" in Africa, they promise "substantial flows of official development assistance" In the period leading up to the 50th anniversary of the Universal Declaration of Human Rights in 1998, they say they will boost "business and labor support .... particularly in young democracies and societies in conflict." In this regard, the leaders of the greatest exploiters of the world promise to work for the monopolies that use the cause of "intolerable forms of child labor" in Asia as a key weapon in their rivalries. With their usual demagogy about "peace, nuclear disarmament, and international stability," these countries that have allied themselves with the ever-expanding NATO military alliance try to present North Korea as a "military threat." The Communique says North Korea must halt its "development, deployment and export of ballistic missiles." They also declare that China must ensure the holding of "elections in Hong Kong for a new legislature as soon as possible." They threaten Iran "to desist from ... support for extremist groups that are seeking to destroy the Middle East peace process and to destabilize the region" and call on "all States to avoid cooperation" with Iran that would help it "to acquire nuclear weapons capabilities, or to enhance chemical, biological, or missile capabilities in violation of international conventions or arrangements." They also issued threats against Iraq and Libya, confirming that one of the sharpest points of contention is the supply of fossil fuels in the world. The 1998 Summit of Eight also included a pitiful scenario of Canadian Prime Minister Jean Chretien being "upset" by Clinton's pre-summit remarks about the U.S. being the best "model" in the world. Reporters say that Chretien "bristled" and "snapped" at the suggestion and told them that "the Canadian model might be better." As the summit began, a summit of those who are seeking to impose on the entire world the "model" of a "free-market" economy, political pluralism, and bourgeois human rights based on the defence of private property, Chretien officials told reporters that Canada would never "seek to impose" its economic model on others. CPC(M-L) Shawgi Tell Graduate School of Education University at Buffalo [EMAIL PROTECTED]