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Illustration: Sarah Grillo/Axios

It's just after 3 am in Kashmir, where fresh escalations in the 70-year conflict between Pakistan and India have the 2 nuclear powers on the brink of war.

Why it matters: Do you remember the existential concerns from the Cold War? This is like that, on a subcontinent with more than a billion people.

The latest crisis dates to Feb. 14, when a suicide bomb from a Pakistani militant group killed 40 Indian military personnel in the Indian-administered part of Kashmir.

  • Early yesterday, India entered Pakistan's airspace to attack militant camps it said are linked to the group. India says they killed 300. Pakistan says they attacked an empty forest.
  • Early today, Pakistan shot down an Indian jet, capturing the pilot. Video on Pakistani TV featured the pilot bloody and blindfolded, the Washington Post reports.
  • Airspaces were closed today in northern Pakistan and in parts of India, the New York Times reports.
  • As of early 2017, India had 130 nuclear warheads, while Pakistan had 140, according to the Stockholm International Peace Research Institute. (WashPost)

The big picture: Both Pakistan's and India's leaders have incentives to act tough instead of cooling things down, GZERO Media's Gabe Lipton writes.

  • In India, Hindu nationalist Prime Minister Narendra Modi is about to set a date for the country's next election.
  • In Pakistan, Prime Minister Imran Khan has only been in office since August 2018.

The bottom line:

"With the weapons you have and the weapons we have, can we really afford such a miscalculation?"
— Khan today, in a question directed at India

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Virginia Democrat Terry McAuliffe has sworn off money from the Richmond company Dominion Energy. But the utility has found more subtle ways to back McAuliffe's gubernatorial bid, records show.

Driving the news: Dominion's political action committee has donated $200,000 to a murky political group called Accountability Virginia PAC, which has been running ads attacking Republican candidate Glenn Youngkin.

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Biden: "Being a cop today is one hell of a lot harder than it's ever been"

President Biden speaks during the 40th Annual National Peace Officers Memorial Service at the U.S Capitolon Oct. 16. Photo: Brendan Smialowski/AFP via Getty Images

President Biden speaking at the U.S. Capitol on Saturday honored members of law enforcement who died in the line of duty in 2019 and 2021 and saluted those who are currently serving.

Driving the news: "We expect everything of you, and it's beyond the capacity of anyone to meet the total expectations. Being a cop today is one hell of a lot harder than it's ever been," Biden said.