On September 8, 2011, the Senate passed the "Leahy-Smith America Invents Act" - also known as "Patent Reform". This law made many changes to patent law, including a switch to "First Inventor to File" - for details, see our page on the America Invents Act
The PCT allows you to delay your time to file in many (if not most) foreign countries. We have a collection of pages explaining the PCT: