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A spectacular energy deal as Russian oil giant Rosneft moves to buy the joint venture TNK-BP which would make it the biggest market-listed oil company in the world. What does that mean for global oil market? We put those questions to Ildar Davletshin from Renaissance Capital in Moscow.

Also in the programme – despite some signs of recovery from the US economy, the Federal Reserve sees no need to damp down its stimulus policy and alarming new figures come from the eurozone.

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