News in Picture

Former Daily Telegraph owner and Peer of the Realm Conrad Black is to be released on bail from a US jail pending an appeal against his fraud conviction.

Inmate 18330-424 has served more than two years of his 78-month sentence and is being freed on a $2m (£1.3m) bond.

Our correspondent Glenn Campbell will bring us the latest on what could be an extraordinary comeback from a man who at one time dazzled the British establishment.

Ahead of stress tests on Europe's banks this Friday, our Economics Editor Paul Mason has been to Spain to assess how vulnerable their economy and banks are - watch a preview clip here.

We'll have the latest on David Cameron's trip to the US.

And we'll be marking the landmark of Facebook hitting 500 million users worldwide - a reach of about eight per cent of the world's total population.

The social networking juggernaut - dreamt up in a Harvard University dorm and only six years old - has transformed the way that millions of us interact and form relationships, but how robust is Facebook as a business model?

Do join Gavin at 10.30pm on BBC Two.

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