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Putin Says U.S.-Russia Compromise Possible

Russian President Vladimir Putin told President Bush he will drop his objections to putting elements of a U.S.-backed missile defense shield in eastern Europe if it is located in Azerbaijan.

Earlier this week, Bush had invited Russia to join in the plans, which the White House said is meant to discourage attacks from rogue governments, such as North Korea and Iran.

Putin's offer came after the two leaders met at the Group of Eight summit in Heiligendamm, Germany.

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Meanwhile, Germany's chancellor, Angela Merkel, says the G-8 has a plan to make "substantial cuts" to greenhouse gas emissions.

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