Teh New Babylon (yet called simply Babylon) will be the world government captial, New Jerusalem will be the world religion captial.

It has been foretold, and so it will be, someday, for a short time. The current flock of powers that be are attempting to make it appear that time is very near, for the former 'glory of Babylon' to reappear as a pheonix from the ashes, as Atlantis Rising. It shall, but then it will fall in a short time.