Russian President Medvedev and USA President Obama announced that they will continue to work to reduce their nuclear arsenals and cooperate on weapons non-proliferation.

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AP Top News at 3:00 p.m. EDT

MOSCOW (AP) — President Barack Obama and Russian President Dmitry Medvedev signed a preliminary agreement Monday to reduce the world’s two largest nuclear stockpiles by as much as a third, down to the lowest levels of any U.S.-Russia accord, and counter what Obama called “a sense of drift” in the countries’ relations. “We must lead by example, and that’s what we are doing here today,” Obama declared in a Kremlin hall glittering in gold. “We resolve to reset U.S.-Russian relations so that we can cooperate more effectively in areas of common interest.”