  We report on a global CKM matrix analysis taking into account most recent
experimental and theoretical results. The statistical framework (Rfit)
developed in this paper advocates formal frequentist statistics. Other
approaches, such as Bayesian statistics or the 95% CL scan method are also
discussed. We emphasize the distinction of a model testing and a model
dependent, metrological phase in which the various parameters of the theory are
determined. Measurements and theoretical parameters entering the global fit are
thoroughly discussed, in particular with respect to their theoretical
uncertainties. Graphical results for confidence levels are drawn in various one
and two-dimensional parameter spaces. Numerical results are provided for all
relevant CKM parameterizations, the CKM elements and theoretical input
parameters. Predictions for branching ratios of rare K and B meson decays are
obtained. A simple, predictive SUSY extension of the Standard Model is
discussed.
