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5/18, 10:17 AM (Source: TeleTrader.com)
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Putin, Merkel to meet in Sochi today

Russian President Vladimir Putin and German Chancellor Angela Merkel are set to meet in Sochi, Russia later today where the two world leaders are expected to discuss a wide range of topics, focusing on Iran nuclear deal and the Ukrainian crisis. An $11 billion Nord Stream 2 project, a pipeline that is set to transport Russian gas to Germany, will also be among the hot discussion points.

The German chancellor visited Sofia, Bulgaria, for the Western Balkans summit where she addressed the issue of European Union's tariffs with the United States, stating the bloc was "ready" to discuss the matter with Washington.

Meanwhile, Putin also had a meeting with his Syrian counterpart Bashar al-Assad as part of the latter's official visit to the Russian city of Sochi on Thursday. Kremlin reported that the two leaders had "extensive negotiations" and agreed that additional conditions have to be created for full-format political process in Syria.

Breaking the News / VK