It looks like Barack Obama and Dmitry Medvedev will be using the G20 meeting as an opportunity to update or rewrite the START (Strategic Arms Reduction Treaty ) agreement, that is set to expire on December 5th of this year.  According to the agreement, the USA and Russia are limited to between 1,700 and 2,200 nuclear warheads.  Dmitry Medvedev, as well as Vladimir Putin before him, have long been calling on the USA to to update this agreement by further limiting the nuclear warheads allowed to each country.

George Bush refused to meet with Putin to discuss these terms, and for a long time this treaty was left alone.  Now with a new president in the USA, it looks like the possibility of further reductions are possible.  While there are no fixed terms to the discussion that is to take place, many are optimistic that it will lead to further reductions.  If so, it will likely be the end to START, and the beginning of a new treaty between the USA and Russia.

It is interesting to note the tone of Western media on this issue.  While Russia has been reaching out to the USA to update the START agreement for years now, throughout most of George Bush's term in office, now with Barack Obama in office Western Media are flipping the coin on who is initiating this discussion.  According to the Associated Press,

Obama's administration has reached out to Russia during its first two months in power, trying to repair a rift that emerged over the United States' plan to build a missile defense system in Eastern Europe that Moscow vehemently opposes. Obama called a new arms control treaty push "a good place to start" in rebuilding a partnership with Russia.

This is a common tone being used throughout Western media, while most that have been following this issue know very well that this is not the case.  Media Bias can be seen on the Russian side as well, of course.  Good propaganda is important to ensure your citizens believe that your nation is always doing right, while other nations have a tendency to do wrong.

To keep things fair, Russia Today has a short piece on this story as well.  If you pay attention, you will note the Russian propaganda being spread, as well as the hidden bias.