VATICAN CAM: Celebration over white smoke at Sistine Chapel as cardinals vote on new pope

Watch the live video feed showing the celebration over white smoke at the Sistine Chapel as cardinals chose a new pope.

Cardinals elected a new pope to lead the world's 1.2 billion Catholics on Wednesday, overcoming deep divisions to select the 266th pope in a remarkably fast conclave.

Tens of thousands of people who braved cold rain to watch the smokestack atop the Sistine Chapel jumped in joy when white smoke poured out, many shouting "Habemus Papam!" or "We have a pope!" -- as the bells of St. Peter's Basilica and churches across Rome tolled, signaling a pontiff had been chosen.

The pope, whose identity isn't yet known, is due to emerge from the loggia overlooking St. Peter's Square to deliver his first words as the Bishop of Rome.

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Elected on the fifth ballot, he was chosen in one of the fastest conclaves in years, remarkable given there was no clear front-runner going into the vote and that the church had been in turmoil following the upheaval unleashed by Pope Benedict XVI's surprise resignation.

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