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Putin pips Obama as 'most powerful person' in 2013 Forbes list

Russian President Vladimir Putin has been declared the world's most powerful person by Forbes magazine, leaving United States President Barack Obama in second position in the 2013 list

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Forbes said that Obama''s "lame duck period" had started earlier than usual, while Putin strengthened his control over Russia, the BBC reports.

According to the report, it is the first time in three years that Obama has dropped to the second place on the Forbes list.

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