Erdogan shakes hands with Putin at the end of the G-20 Summit in Antalya, Turkey.
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Russia plans to retaliate against Turkey for the downing of a warplane by imposing sanctions, cutting economic ties and scrapping major investment projects.Since the plane was shot down Tuesday in disputed circumstances on the Syria-Turkey border, Russia has already restricted tourism, left Turkish trucks stranded at the border and announced the confiscation of large quantities of Turkish food imports. The IMF predicts Russia's economy to shrink by 3.8 percent this year, while the Turkish currency has slumped in value in 2015 .However, Turkish Stream has also become bogged down with political and economic issues in Russia, Turkey and potential EU customer nations.Russian state company Rosatom was contracted in 2010 to build and operate Turkey's first nuclear power plant in a $20 billion project, though it is far from complete.Nearly 4.5 million Russians visited Turkey last year, making them second only to German tourists among visitors to the country.
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