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World Business Report: First broadcast 22/11/2021 22:32 GMT : Jerome Powell nominated for a second term as Federal Reserve chair

Bulletins

US President Joe Biden backs Jerome Powell for a second term as Federal Reserve Chair

First broadcast 22/11/2021 22:32 GMT 

First broadcast 22/11/2021 22:32 GMT : Jerome Powell nominated for a second term as Federal Reserve chair

Jerome Powell nominated for a second term as Federal Reserve chair

BBC World Service - World Business Report, Jerome Powell nominated for a second term as Federal Reserve chair

President Joe Biden has nominated Jerome Powell to stay in the job for four more years.

Jerome Powell has been nominated for a second term as chair of the US Federal Reserve by President Joe Biden. Mr Powell is set to stay in the role, which includes managing inflation and regulating the financial system, for a further four years. Also in the programme, the US private equity giant KKR has made a €33bn bid for Telecom Italia. We get the background from Daniele Lepido of Bloomberg in Milan. The BBC's Nora Fakim in Mauritius meets environmental activists Anish Manga of the Fridays for Future movement, and Karuna Rana, co-founder of the climate group Sia, to hear how climate change is affecting the country. Plus, our workplace commentator Sandip Roy identifies some of the workplace culture differences between offices in India and the United States.

(Picture: Jerome Powell. Picture credit: Getty Images.)

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First broadcast 22/11/2021 22:32 GMT : Jerome Powell nominated for a second term as Federal Reserve chair

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