Who is Kim Jong-un?

After the death of North Korea's leader Kim Jong-il, his youngest son-of-three is named as the "Great Successor"

The ECB lays down its conditions

Investors, economists, politicians and other policy-makers across Europe and the rest of the world are calling ever more urgently for the ECB to step in and buy European government bonds. With the EFSF a clear bust, large-scale ECB intervention looks the only way to prevent a financial market meltdown in Europe with potentially disastrous consequences for the global economy.