This paper surveys latest developments of SCD (Segmentation-Cohesion-Dependency) linguistic strategy, with its basic compo¬nents: FX-bar theory with local and (two extensions to) global structures, the hierarchy graph of SCD marker classes, and im¬proved versions of SCD algorithms for segmentation and parsing of local and global text structures. Briefly, Part I brings the¬oretical support (predicational feature and semantic diathesis) for handing down the predication from syntactic to lexical level introduces the new local / global FX-bar schemes (graphs) for clause-level and discourse-level, the (global extension of) depen¬dency graph for SCD marker classes, the problem of (direct and inverse) local FX-bar projection of the verbal group (verbal com¬plex), and the FX-bar global projections, with the special case of sub-clausal discourse segments. Part II discusses the implica¬tions of the functional generativity concept for local and global markers, with a novel understanding on the taxonomy of text parsing algorithms, specifies the SCD marker classes, both at clause and discourse level, and presents (variants of) SCD local and global segmentation / parsing algorithms, along with thei latest running results