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.

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.

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.

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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Snoop Dogg pictured at The Hollywood Reporter Nominees' Night in February, 2013
people... says Snoop Dogg
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Noel Fielding's 'Luxury Comedy': A land of the outright bizarre

Noel Fielding's 'Luxury Comedy'

A land of the outright bizarre
What are the worst 'Word Crimes'?

What are the worst 'Word Crimes'?

‘Weird Al’ Yankovic's latest video is an ode to good grammar. But what do The Independent’s experts think he’s missed out?
Can Secret Cinema sell 80,000 'Back to the Future' tickets?

The worst kept secret in cinema

A cult movie event aims to immerse audiences of 80,000 in ‘Back to the Future’. But has it lost its magic?
Facebook: The new hatched, matched and dispatched

The new hatched, matched and dispatched

Family events used to be marked in the personal columns. But now Facebook has usurped the ‘Births, Deaths and Marriages’ announcements
Why do we have blood types?

Are you my type?

All of us have one but probably never wondered why. Yet even now, a century after blood types were discovered, it’s a matter of debate what they’re for
Honesty box hotels: You decide how much you pay

Honesty box hotels

Five hotels in Paris now allow guests to pay only what they think their stay was worth. It seems fraught with financial risk, but the honesty policy has its benefit
Commonwealth Games 2014: Why weight of pressure rests easy on Michael Jamieson’s shoulders

Michael Jamieson: Why weight of pressure rests easy on his shoulders

The Scottish swimmer is ready for ‘the biggest race of my life’ at the Commonwealth Games
Some are reformed drug addicts. Some are single mums. All are on benefits. But now these so-called 'scroungers’ are fighting back

The 'scroungers’ fight back

The welfare claimants battling to alter stereotypes
Amazing video shows Nasa 'flame extinguishment experiment' in action

Fireballs in space

Amazing video shows Nasa's 'flame extinguishment experiment' in action
A Bible for billionaires

A Bible for billionaires

Find out why America's richest men are reading John Brookes
Paranoid parenting is on the rise - and our children are suffering because of it

Paranoid parenting is on the rise

And our children are suffering because of it
For sale: Island where the Magna Carta was sealed

Magna Carta Island goes on sale

Yours for a cool £4m
Phone hacking scandal special report: The slide into crime at the 'News of the World'

The hacker's tale: the slide into crime at the 'News of the World'

Glenn Mulcaire was jailed for six months for intercepting phone messages. James Hanning tells his story in a new book. This is an extract
We flinch, but there are degrees of paedophilia

We flinch, but there are degrees of paedophilia

Child abusers are not all the same, yet the idea of treating them differently in relation to the severity of their crimes has somehow become controversial
The truth about conspiracy theories is that some require considering

The truth about conspiracy theories is that some require considering

For instance, did Isis kill the Israeli teenagers to trigger a war, asks Patrick Cockburn