Iran open for business (E26)
As Iran reaches an interim deal to partially lift the sanctions that have crippled its economy, Venture Capital talks to the heads of oil majors – France's Total and Britain's Petrofac - about the potential for the country’s vast reserves. Katie Pilbeam also questions how Iran’s other industries will respond and what it means for its nearly 80 million people. Plus - as the US Federal Reserve tightens the stimulus tap, emerging economies have seen their currencies plummet. Katie asks Saxo Bank chief economist Steen Jakobsen who is to blame for the falling Russian ruble. And – with the Sochi Winter Olympics just days away – we assess the costs and ask the mayor of Barcelona if Sochi can mimic the Spanish city’s post-Olympic success.