Minutes ago, white smoke flowed from the chimney of the Sistine Chapel signalling the end of Conclave and the election of a new Pope. The Conclave lasted 5 voting rounds.
More to follow as news arrives of the new Pope's identity.
UPDATE: "HABEMUS PAPEM"
Cardinal Jorge Mario Bergoglio from Argentina has been selected as the new pope, who has taken the name Pope Francis I.
This will be the first Latin American pope and the first to take the name Francis. He has been outspoken against corruption in Argentina, is of Jesuit background, and is expected to be a reformer within the Catholic Church.
Peace be upon him.