Since the Mediterranean Sea is most likely in view, the reference then might simply extend and incorporate the Mediterranean World itself, not necessarily the entire world. The "winds" express God's judgment and how He uses those heavenly and earthly forces to bring about His own will in influencing the nations.[1] Interestingly enough, the first four beasts/kingdoms were centralized in roughly the same area of the world. Only the revived Roman Empire will likely incorporate the entire world.
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Dr. Fred has written numerous books and articles that cover a wide-range of theological topics and he endeavors to present the study of God's Word in a clear fashion, helping the average layperson comprehend the great truths of Scripture.