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Visiting United Nations Secretary General Ban Ki-moon, left, shakes hands with Russian President Vladimir Putin during their meeting in Moscow's Kremlin, Russia, Thursday, March 20, 2014. (AP Photo/ Sergei Ilnitsky, pool)

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Russia's President Vladimir Putin attends a congress of the Russian Union of Industrialists and Entrepreneurs in Moscow, Russia, on Thursday, March 20, 2014. (AP Photo/ Sergei Chirikov, pool)

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German Chancellor Angela Merkel gestures during a statement at the German parliament Bundestag, in Berlin, Thursday, March 20, 2014. Russia faces further sanctions from the European Union on Thursday over its annexation of the Crimea Peninsula as tensions in the region remained high despite the release of a Ukrainian naval commander. In an address to the German Parliament, Chancellor Angela Merkel said the EU was readying further sanctions and that the G-8 forum of leading economies had been suspended indefinitely. Russia holds the presidency of the G-8 and President Vladimir Putin was due to host his counterparts, including President Barack Obama, at a summit in Sochi in June. (AP Photo/Michael Sohn)

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German Chancellor Angela Merkel attends a meeting of the German parliament, Bundestag, in Berlin, Thursday, March 20, 2014. Russia faces further sanctions from the European Union on Thursday over its annexation of the Crimea Peninsula as tensions in the region remained high despite the release of a Ukrainian naval commander. In an address to the German Parliament, Chancellor Angela Merkel said the EU was readying further sanctions and that the G-8 forum of leading economies had been suspended indefinitely. Russia holds the presidency of the G-8 and President Vladimir Putin was due to host his counterparts, including President Barack Obama, at a summit in Sochi in June. (AP Photo/Michael Sohn)