News Thomas Perkins, who is thought to be worth around $8bn, made the startling comparison in a letter to The Wall Street Journal

Billionaire venture capitalist admits Kristallnacht was a "terrible word" to use but defends war on the rich remarks

Choi: 'Kim Jong-un will open up North Korea for business'

A lieutenant of the late Kim Jong-il who defected to South Korea after years of senior positions in the regime has said Kim's son will open up the isolated state to become more of a market-style export economy.

Stephen Foley: If we don't mend our broken telephones, then a lot more kittens will be crushed

US Outlook: In the UK it's called Chinese Whispers.

Light fantastic: Manhattan's Park Avenue

Last Weekend: New York's swagger can't be beaten

It sounds an extravagant solution to the pre-Christmas blues, but if you want to escape the relentless gloom on this side of the Atlantic try a weekend in New York.

Minae Kim, A Structure to Maintain the Correct Distance between Two Pillars, 2010

Bloomberg New Contemporaries, ICA, London

There may be a future Turner prize recipient in this indifferent show for up-and-coming artists – but it would be the devil's own job to pick them

Fifa advisors criticise anti-corruption committee

FIFA's anti-corruption drive ran into stormy waters today when the world governing body's advisors Transparency International rejected a seat on the commission steering the reforms.

$1bn US fraud trial focuses on Mayor Bloomberg

New York's billionaire mayor Michael Bloomberg had to endure two hours of attacks on his honesty yesterday, on subjects ranging from his bid to overturn term limits to his handling of the resignation of a deputy mayor, as he appeared in the witness box at the trial of a man accused of embezzling more than $1m from him.

Business Diary: O'Neill celebrates Bric anniversary

Ker-ching. Is that the sound of cashing in we hear? Not that Jim O'Neill, the Goldman Sachs economist, is in need of the money, but presumably Penguin is chucking him a few quid for a new book on the Bric economies. It's a decade since O'Neill came up with the Bric idea – the acronym stands for Brazil, Russia, India and China – and his prediction that they were about to become the world's economic powerhouses looks ever more prescient by the day. Penguin's Joel Rickett crows: "Jim O'Neill is one of the world's most influential economic thinkers – no wonder he has been described as Goldman Sachs'rock star."

US counts the cost of hurricane's brutal trail of destruction

The death toll is 13 and the cost will run into tens of billions of dollars, but the storm was not as severe as many had feared

Mayor Bloomberg urges New Yorkers to evacuate

New York City's mayor has told residents who need to evacuate ahead of the anticipated arrival of Hurricane Irene that they should do so immediately.

Alec Baldwin hints at run for New York mayor

Alec Baldwin, the actor who these days is most associated with the comedy show 30 Rock, is speaking openly about seeking the keys to a new address – Gracie Mansion, the mayoral residence in New York City.

Geithner may quit Treasury this year for sake of family

Timothy Geithner, the US Treasury Secretary, may leave office later this year, it was reported yesterday.

Soros predicts weaker nations will leave euro

George Soros, the man who made more than $1bn by betting against sterling on Black Wednesday in 1992, predicted yesterday that weaker nations would have to leave the euro.

Liverpool yet to make decision over new stadium

Liverpool have generated some interest in selling naming rights for a proposed new stadium but a senior official insists a final decision on whether to move or redevelop Anfield has yet to be taken.

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World's most lethal spider found under a bunch of bananas

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<p>Jonathan Ross</p>
<p>Jonathan Ross (or Wossy, as he’s affectionately known) has been on television and radio for an extraordinarily long time, working on a seat in the pantheon of British presenters. Hosting Friday Night with Jonathan Ross for nine years, Ross has been in everything from the video game Fable to Phineas and Ferb. So it’s probably not so surprising that Ross studied at Southampton College of Art (since rebranded Southampton Solent), a university known nowadays for its media production courses.</p>
<p>However, after leaving Solent, Ross studied History at the School of Slavonic and East European Studies, now part of the UCL, a move that was somewhat out of keeping with the rest of his career. Ross was made a fellow of the school in 2006 in recognition of his services to broadcasting.</p>
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Oscar Pistorius sentencing: The athlete's wealth and notoriety have provoked a long overdue debate on South African prisons

'They poured water on, then electrified me...'

If Oscar Pistorius is sent to jail, his experience will not be that of other inmates
James Wharton: The former Guard now fighting discrimination against gay soldiers

The former Guard now fighting discrimination against gay soldiers

Life after the Army has brought new battles for the LGBT activist James Wharton
Ebola in the US: Panic over the virus threatens to infect President Obama's midterms

Panic over Ebola threatens to infect the midterms

Just one person has died, yet November's elections may be affected by what Republicans call 'Obama's Katrina', says Rupert Cornwell
Premier League coaches join the RSC to swap the tricks of their trades

Darling, you were fabulous! But offside...

Premier League coaches are joining the RSC to learn acting skills, and in turn they will teach its actors to play football. Nick Clark finds out why
How to dress with authority: Kirsty Wark and Camila Batmanghelidjh discuss the changing role of fashion in women's workwear

How to dress with authority

Kirsty Wark and Camila Batmanghelidjh discuss the changing role of fashion in women's workwear
New book on Joy Division's Ian Curtis sheds new light on the life of the late singer

New book on Ian Curtis sheds fresh light on the life of the late singer

'Joy Division were making art... Ian was for real' says author Jon Savage
Sean Harris: A rare interview with British acting's secret weapon

Sean Harris: A rare interview with British acting's secret weapon

The Bafta-winner talks Hollywood, being branded a psycho, and how Barbra Streisand is his true inspiration
Tim Minchin, interview: The musician, comedian and world's favourite ginger is on scorching form

Tim Minchin interview

For a no-holds-barred comedian who is scathing about woolly thinking and oppressive religiosity, he is surprisingly gentle in person
Boris Johnson's boozing won't win the puritan vote

Boris's boozing won't win the puritan vote

Many of us Brits still disapprove of conspicuous consumption – it's the way we were raised, says DJ Taylor
Ash frontman Tim Wheeler reveals how he came to terms with his father's dementia

Tim Wheeler: Alzheimer's, memories and my dad

Wheeler's dad suffered from Alzheimer's for three years. When he died, there was only one way the Ash frontman knew how to respond: with a heartfelt solo album
Hugh Bonneville & Peter James: 'Peter loves his classic cars; I've always pootled along fine with a Mini Metro. I think I lack his panache'

How We Met: Hugh Bonneville & Peter James

'Peter loves his classic cars; I've always pootled along fine with a Mini Metro. I think I lack his panache'
Bill Granger recipes: Our chef's heavenly crab dishes don't need hours of preparation

Bill Granger's heavenly crab recipes

Scared off by the strain of shelling a crab? Let a fishmonger do the hard work so you can focus on getting the flavours right
Radamel Falcao: How faith and love drive the Colombian to glory

Radamel Falcao: How faith and love drive the Colombian to glory

After a remarkable conversion from reckless defender to prolific striker, Monaco's ace says he wants to make his loan deal at Old Trafford permanent
Terry Venables: Premier League managers must not be allowed to dictate who plays and who does not play for England

Terry Venables column

Premier League managers must not be allowed to dictate who plays and who does not play for England
The Inside Word: Brendan Rodgers looks to the future while Roy Hodgson is ghost of seasons past

Michael Calvin's Inside Word

Brendan Rodgers looks to the future while Roy Hodgson is ghost of seasons past