A Borei-class nuclear-powered submarine after testing launching a Bulava ballistic missile. Photo: TASS via Getty Images

Russia's defense ministry said Wednesday that the country's newest nuclear-powered submarine successfully test fired an intercontinental ballistic missile for the first time, according to Reuters.

Why it matters: Moscow tested the submarine's launching capabilities following the demise of a three-decade-old nuclear arms control treaty between Russia and the U.S.

Details: The new Borei-class submarine launched a Bulava ICBM armed with a dummy payload, while submerged in the White Sea to a test site in Russia's far east.

  • The new class of subs can carry up to 20 missiles and is harder to detect. A single Bulava ICBM can hold a payload of six to 10 warheads, has a range of more than 5,000 miles and is designed to bypass anti-missile defenses, the BBC reports.

The backdrop: The U.S. officially withdrew from the Cold War–era Intermediate-Range Nuclear Forces Treaty with Russia in August, accusing Moscow of repeatedly violating the treaty.

What's next: The New START Treaty, a 2011 U.S.–Russia agreement to reduce the number of warheads in their arsenals, is set to expire in 2021.

  • Washington and Moscow can agree to extend the treaty for an additional five years, but the Trump administration has attempted to draw China into the extended version of the treaty.
  • Former U.S. officials fear that bringing China into extension talks will jeopardize the original agreement between the world's two largest nuclear powers.
  • Defense Secretary Mark Esper has said that extending New START may not make sense, according to AP.

Go deeper: China says it won't "stand by idly" if U.S. deploys missiles in Asia

Go deeper

Dion Rabouin, author of Markets
1 hour ago - Economy & Business

Coronavirus surge is sinking consumer confidence

Data: Hamilton Place Strategies, CivicScience; Chart: Axios Visuals

The rise in coronavirus cases in certain parts of the U.S. is stunting confidence across the country, a crop of new reports show.

Driving the news: After stalling during the previous two-week period, overall economic sentiment declined for the first time in two months, according to the Economic Sentiment Index, a biweekly survey from data firm CivicScience and Hamilton Place Strategies (HPS).

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Obama: Trump is "jealous of COVID's media coverage."
  2. Health: Mask mandates help control the rise in coronavirus hospitalizations. Hospitals face a crush.
  3. Business: Coronavirus testing is a windfall. Winter threat spurs new surge of startup activity.
  4. Media: Pandemic causes TV providers to lose the most subscribers ever.
  5. World: Putin mandates face masks.

The GOP's monstrous math problem

Illustration: Sarah Grillo/Axios

Republicans, win or lose next week, face a big — and growing — math problem.

The state of play: They're relying almost exclusively on a shrinking demographic (white men), living in shrinking areas (small, rural towns), creating a reliance on people with shrinking incomes (white workers without college degrees) to survive.