U.S., Chinese Presidents to meet June 7-8 in California American concerns about tensions in the South China Sea due to conflicting territorial claims are also a possible topic of discussion.
Oil prices rise as investors await Fed’s latest views on U.S. economy Brent crude, a benchmark for many international oil varieties, rose 21 cents to $105.01 a barrel on the ICE Futures exchange in London.
Russia has fair chance to avoid economic recession: PM “Perhaps, this is not very much. But, at the same time, it’s much better than Europe’s figures,” Dmitry Medvedev said.
Sir Alex Ferguson named Manager of the Year The 71-year-old, who won 38 trophies in a 26-year reign at Old Trafford, will be succeeded by Everton's David Moyes.