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Trump nominates next US Federal Reserve chair

President Trump has nominated an outspoken critic of the US central bank, the Federal Reserve, as its new head.

US President Donald Trump has nominated Kevin Warsh to lead the US central bank, the Federal Reserve, when the four-year-term of current chairman Jerome Powell's ends in May. Rahul Tandon hears from people who worked closely with Warsh.

Also, the BBC visits Maracaibo, once the heart of Venezuela's booming oil industry.

And silver and gold prices plummet after their recent rise.

(Photo: Kevin Warsh, speaking during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan Mcdermid/File Photo)

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