Ed Miliband elected new leader of Britain's Labour Party
Former climate change minister Ed Miliband was elected the new leader of Britain's opposition Labour Party on Saturday, beating his older brother David in a knife-edge race. After a four-month contest triggered by Labour's heavy defeat in the general election, Ed Miliband won by 50.65 percent to 49.35 percent for David, the former foreign minister and one-time frontrunner. Duration: 02:17.