Putin meets Erdogan, travel fears

Synopsis

In the week ahead, the Financial Times in London highlights a significant thaw in relations between Turkey and Russia. After a seven-month standoff, Turkish President Recep Tayyip Erdoğan and Russian President Vladimir Putin are set to meet in St. Petersburg. This meeting marks their first discussion since the G20 summit in November, following a tense incident where Turkey downed a Russian military aircraft, resulting in the death of a pilot and subsequent economic sanctions from Moscow. The Kremlin indicates that rebuilding trust will take time, and the West is closely monitoring the outcome of this meeting. Additionally, early data will reveal the impact of the Brexit vote on the UK economy, while the world's largest tour operator faces challenges as summer holiday makers remain cautious about travel plans.