Putin, May Agree to Meet to Try to Thaw Frosty Ties

Russian President Vladimir Putin and British Prime Minister Theresa May spoke by phone on Tuesday and agreed to meet “in the near future” to try to improve poor relations between Moscow and London, the Kremlin said in a statement.

Both leaders are due to attend a G20 summit in China early next month, giving them an opportunity to meet for the first time since May became prime minister in July.

Relations between Russia and Britain are strained by differences over Ukraine and Syria as well as by what London says is a sharp increase in flights by long-range Russian bombers near British air space.

Reuters

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.