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A T-34-85 tank in Moscow's Red Square during the second night rehearsal of the Victory Day military parade. Photo: Mikhail Tereshchenko/TASS/Getty Images

Russia will host massive military exercises from September 11 to 15 with nearly 300,000 troops, 1,000 military aircraft and two naval fleets, reports Reuters.

The big picture: The war games, which also include the Chinese and Mongolian armies, will be the largest since a Soviet military exercise in 1981 — with almost a third of Russia's troops expected to participate. Kremlin spokesman Dmitry Peskov said the exercises are a necessary response to "the current international situation, which is often quite aggressive and unfriendly to our country," per Bloomberg. NATO began to bolster its defense forces in eastern Europe after Russia annexed Crimea from Ukraine in 2014.

Go deeper

Dion Rabouin, author of Markets
50 mins ago - Economy & Business

Biden's inflation danger

Illustration: Sarah Grillo/Axios

President-elect Joe Biden's $1.9 trillion stimulus proposal has economists and bullish market analysts revising their U.S. growth expectations higher, predicting a reflation of the economy in 2021 and possibly more booming returns for risk assets.

Yes, but: Others are warning that what's expected to be reflation could actually show up as inflation, a much less welcome phenomenon.

Ina Fried, author of Login
3 hours ago - Technology

CES was largely irrelevant this year

Illustration: Sarah Grillo/Axios

Forced online by the pandemic and overshadowed by the attack on the Capitol, the 2021 edition of CES was mostly an afterthought as media's attention focused elsewhere.

Why it matters: The consumer electronics trade show is the cornerstone event for the Consumer Technology Association and Las Vegas has been the traditional early-January gathering place for the tech industry.

The FBI is tracing a digital trail to Capitol rioters

Illustration: Sarah Grillo

Capitol rioters, eager to share proof of their efforts with other extremists online, have so far left a digital footprint of at least 140,000 images that is making it easier for federal law enforcement officials to capture and arrest them.

The big picture: Law enforcement's use of digital tracing isn't new, and has long been at the center of fierce battles over privacy and civil liberties. The Capitol siege is opening a fresh front in that debate.