Google's Schmidt, Russian Pres Talk Oil Independence

Russian President Dmitry Medvedev will meet with Google Chief Executive Officer Eric Schmidt during his trip to the U.S. this week, MarketWatch reports. The Russian President will spend a day in Silicon Valley before heading to Washington Thursday to meet with U.S. President Barack Obama.

Marketwatch reports the Russian President has made weaning the country off its dependence on oil profits a focus of his presidency. Another meeting is planned with an exec at Cisco.

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