Russian soldiers at the Victory Day military parade in Russia. Photo: Wang Xiujun/China News Service/VCG via Getty Images

Russia is launching the biggest military exercise since the Cold War in eastern Siberia from from Sept. 11-17 on the heels of heightened NATO-Russia tensions, reports BBC News.

The details: The war games will involve about 300,000 service personnel and include the Chinese and Mongolian armies. Russian reserve colonel Frants Klintsevich said the country has developed "a different attitude to combat readiness," per BBC. Meanwhile, China said the joint military operation would bolster "both sides' capabilities to jointly respond to various security threats." Beijing and Moscow have been modernizing their military capabilities as their relations with the U.S. grow more tense, the WSJ notes.

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BP's in the red, slashing its dividend and vowing a greener future

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BP posted a $6.7 billion second-quarter loss and cut its dividend in half Tuesday while unveiling accelerated steps to transition its portfolio toward low-carbon sources.

Why it matters: The announcement adds new targets and details to its February vow to become a "net-zero" emissions company by mid-century.

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Why it matters: "The news business is already gendered," says Emily Ramshaw, co-founder and CEO of The 19th*, a new nonprofit, nonpartisan newsroom reporting at the intersection of women, politics and policy.

The U.S. is now playing by China's internet rules

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President Trump's crackdown on TikTok suggests that the U.S. government is starting to see the internet more like China does — as a network that countries can and should control within their borders.

The big picture: Today's global internet has split into three zones, according to many observers: The EU's privacy-focused network; China's government-dominated network; and the U.S.-led network dominated by a handful of American companies. TikTok's fate suggests China's model has U.S. fans as well.