White smoke came billowing from the Vatican less than a half hour ago signaling to the Catholics of the world that the Church has a new leader.

Here are the facts as they stand now

It was unexpected and somewhat historic. First of all, Cardinal Bergoglio was not a named mentioned very often when naming the "contenders" Secondly, he will be the first Jesuit Pope in history.

It has been announced that he will now be known as Pope Francis I.