Obama, Medvedev say 'reset' US-Russia relations

President Barack Obama declared Thursday that he and Russian President Dmitry Medvedev have "succeeded in resetting" the relationship between the former Cold War adversaries that had dipped to a dangerous low in recent years.

Obama directly acknowledged differences in some areas, such as Moscow's tensions with neighboring Georgia, but said "we addressed those differences candidly." And he announced that the US and Russia had agreed to expand cooperation on intelligence and the counter-terror fight and worked on strengthening economic ties between the nations. (AP)