New Photo - Intel's credit rating downgraded by Fitch on demand challenges

Intel's credit rating downgraded by Fitch on demand challenges Matt TracyAugust 4, 2025 at 5:44 PM By Matt Tracy (Reuters) Fitch downgrading U.S. chipmaker Intel's credit rating by one notch on Monday, according to a note by the ratings agency, which assigned a negative outlook to Intel's rating.

- - Intel's credit rating downgraded by Fitch on demand challenges

Matt TracyAugust 4, 2025 at 5:44 PM

By Matt Tracy

(Reuters) -Fitch downgrading U.S. chipmaker Intel's credit rating by one notch on Monday, according to a note by the ratings agency, which assigned a negative outlook to Intel's rating.

Fitch downgraded Intel to BBB from BBB-plus, placing it just two notches shy of junk credit status.

The downgrade follows Fitch's assessment that Santa Clara, California-headquartered Intel faces heightened challenges maintaining demand for its products. Fitch cited growing competition from peers such as Dutch rival NXP Semiconductors, Broadcom Inc and Advanced Micro Devices.

"Credit metrics remain weak and will require both stronger end markets and successful product ramps, along with net debt reduction over the next 12-14 months" for Intel to recover its recent ratings, Fitch analysts wrote on Monday.

Fitch added that while Intel holds a better market position than other similarly rated peers, its financial structure is relatively weaker and it faces "higher execution risk."

Intel still enjoys a strong market position in the provision of PCs and traditional enterprise servers, Fitch noted, while warning the company faces heightened PC competition from Qualcomm and AMD.

Intel will need to ramp up its PC shipments while also reducing its balance sheet debt to recover its previous credit ratings, Fitch said.

The ratings agency called Intel's liquidity profile "solid," which as of June 28 consisted of a $21.2 billion mix of cash, cash equivalents and short-term investments, as well as an untapped $7 billion credit revolver. It also had an undrawn $5 billion, 364-day revolver that will come due in January 2026, Fitch said.

Fellow ratings agency S&P Global similarly downgraded Intel's credit rating to BBB from BBB-plus in December, while Moody's Ratings downgraded its senior unsecured debt's rating in August last year.

(Reporting by Matt Tracy; Editing by Leslie Adler)

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Intel's credit rating downgraded by Fitch on demand challenges

Intel's credit rating downgraded by Fitch on demand challenges Matt TracyAugust 4, 2025 at 5:44 PM By Matt Tracy (...

"Real Housewives" alum Brandi Glanville burns face trying to kill parasite with beauty hack: 'I overdid it' Ryan ColemanAugust 4, 2025 at 7:01 PM Brandi Glanville/TikTok; Charles Sykes/Bravo via Getty Brandi Glanville scalds her face with Nair in 2025, and appears on a recent episode of 'Watch What ...

- - "Real Housewives" alum Brandi Glanville burns face trying to kill parasite with beauty hack: 'I overdid it'

Ryan ColemanAugust 4, 2025 at 7:01 PM

Brandi Glanville/TikTok; Charles Sykes/Bravo via Getty

Brandi Glanville scalds her face with Nair in 2025, and appears on a recent episode of 'Watch What Happens Live'

Brandi Glanville has encountered another dead end in her battle against an aggressive facial parasite.

The Real Housewives of Beverly Hills alum shared a startling video to her TikTok on Sunday in which the lower half of her face appeared badly burned. "I know I look attractive," she joked.

"Good news! You don't have to spend a lot of money on peels and lasers anymore," she explained, tongue in cheek. "I decided to put Nair on my face, because when I have an exfoliated face, it pisses Caroline off, or whoever's living in my face right here, and right there, and then she moved up here when I did the Nair," she said, pointing to different areas of her face and referring to the name she has given to the parasite.

Glanville has been chronicling her battle against the facial parasite since December, but believes she contracted the bug back in July 2023 while filming a season of Bravo's Real Housewives Ultimate Girls Trip in Morocco. One of her costars on that trip, Real Housewives of New Jersey alum Caroline Manzo, accused Glanville of unwanted sexual contact and later sued Bravo, prompting the network to shelve the season and Glanville to threaten a lawsuit of her own against it.

"So, Nair is the fountain of youth. I figured it out, but I overdid it. Seven minutes - don't do it," she continued, referring to the hair removal product which takes as its name a portmanteau for "No Hair."

In the caption of her post, Glanville continued to elaborate on her failed offensive against the parasite: "Beauty hacks (this is a good one but do a test patch) did 7 minutes and im on fire [so] don't do 7 minutes it also burned the loose skin off my arms & its 7 dollars 😎 Mix up some aloe vera, cucumber and black tea put it in the freezer put it in the spray bottle and once it's cold enough spray all day cause I'm in some pain."

Evans Vestal Ward/Bravo

Brandi Glanville at the reunion of 'The Real Housewives of Beverly Hills' in 2012

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In February, Glanville shared a worrying update on her parasite journey - a video of the reality star violently shaking while hooked up to an "emphatic drainage machine," likely meaning "lymphatic drainage machine," a device purported to reduce swelling, aid in blood circulation, and help with weight loss.

Glanville shouted out Terry Dubrow, the celebrity plastic surgeon and husband of Real Housewives of Orange County star Heather Dubrow, who Glanville enlisted to help diagnose and cure her facial woes, and vowed to "shake for the rest of my life if this thing gets out of my body."

on Entertainment Weekly

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“Real Housewives” alum Brandi Glanville burns face trying to kill parasite with beauty hack: 'I overdid it'

"Real Housewives" alum Brandi Glanville burns face trying to kill parasite with beauty hack: 'I overdid ...
New Photo - Tennessee to execute Byron Black amid heart device, intellectual disability concerns

Tennessee to execute Byron Black amid heart device, intellectual disability concerns Amanda Lee Myers, USA TODAY August 4, 2025 at 8:36 PM As Angela Clay and her two young daughters slept in their Nashville home, a killer approached. They didn't stand a chance.

- - Tennessee to execute Byron Black amid heart device, intellectual disability concerns

Amanda Lee Myers, USA TODAY August 4, 2025 at 8:36 PM

As Angela Clay and her two young daughters slept in their Nashville home, a killer approached. They didn't stand a chance.

Clay and her eldest daughter, 9-year-old Latoya, were found shot dead in bed. Clay's other girl, 6-year-old Lakeisha, was found on the floor in another bedroom, killed while apparently trying to escape.

Now, 37 years later, Tennessee is set to execute the man convicted of killing them: Clay's boyfriend, Byron Black. If the execution moves forward on Tuesday, Aug. 5, Black will become the 28th inmate put to death in the United States this year, a 10-year high, with at least nine more executions scheduled.

The case is unique for two reasons — Black's "undisputed intellectual disability" has many calling for a reprieve, including some Republicans; his attorneys have raised serious questions about whether Black's implanted heart device will cause "a prolonged and torturous execution" in violation of the U.S. Constitution.

"Byron's execution carries so many risks," his attorney, Kelley Henry, said in a statement. "He is elderly, frail, and cognitively impaired; there's no principled reason to move forward with this torturous procedure."

Tennessee Attorney General Jonathan Skrmetti said in a statement that the state's expert testimony "refused the suggestion that Black would suffer severe pain if executed."

"Our office will continue fighting to seek justice for the Clay family and to hold Black accountable for his horrific crimes," Skrmetti said.

Here's what you about the murders, the three lives that were shattered, and Black's execution.

When will Byron Black be executed?

Black's execution by lethal injection is set for 10 a.m. CT on Tuesday, Aug. 5, 2025, at the Riverbend Maximum Security Institution in Nashville.

What was Byron Black convicted of?

Black was convicted of fatally shooting his girlfriend, Angela Clay, and her two daughters: 9-year-old Latoya and 6-year-old Lakeisha. They were murdered on March 27, 1988.

At the time of the murders, Black had been on work release from prison for shooting Clay's estranged husband and her daughter's father, Bennie Clay, in 1986. Prosecutors told jurors at trial that Black killed Angela Clay because he was jealous of her ongoing relationship with her ex.

Investigators believe that Angela Clay and Latoya were shot as they slept, while Lakeisha appeared to have tried to escape after being wounded in the chest and pelvis.

Byron Lewis Black, right, hears testimony in his trial on murder charges along with his attorney, Assistant Public Defender Ross Alderman, in Metro's Circuit Court at the Davidson County Courthouse on March 9, 1989. Later that night, the jury convicted Black on three counts of first-degree murder for the shooting deaths of his girlfriend, Angela Clay, and her two daughters, Latoya, 9, and Lakesha, 6, on March 28, 1988, about 12:30 a.m. at Clay's apartment.

Bennie Clay has previously told The Tennessean, part of the USA TODAY Network, that he believes Black killed the girls to spite him. "My kids, they were babies," he told the paper. "They were smart, they were gonna be something. They never got the chance."

More recently, Bennie Clay, 68, told The Tennessean that he planned to attend the execution, though he said he has forgiven Black.

"God has a plan for everything," he told the paper. "He had a plan when he took my girls. He needed them more than I did, I guess."

Bennie Clay with a photo of his wife, Angela Clay, and their two daughters, Latoya, 9, and Lakeisha, 6, before they were killed in 1987 by Byron Black, who is currently on death row on Tuesday, March 4, 2025 in Nashville, Tenn. The family has waited nearly three decades for justice.Judge ordered Byron Black's heart device removed before execution

On July 22, a judge ordered that a heart device implanted in Black needed to be removed at a hospital the morning of his execution, a development that appeared to complicate matters as a Nashville hospital declined to participate.

But the Tennessee Supreme Court overturned the judge's order, and the U.S. Supreme Court backed that up, clearing the way for Black to be executed despite the heart device.

His attorneys argue that the device, designed to revive the heart, could lead to "a prolonged and torturous execution."

"It's horrifying to think about this frail old man being shocked over and over as the device attempts to restore his heart's rhythm even as the State works to kill him," Henry said in a statement.

The state is arguing that Black's heart device will not cause him pain.

Federal public defender Kelley Henry, attorney for Edmund Zagorski, speaks to the media at Riverbend Maximum Security Institution Thursday, Nov. 1, 2018, in Nashville, Tenn.Byron Black's attorneys call on the governor for help

With their arguments over Byron's heart device at the end of the legal road, Black's attorneys are re-focusing their attention on his intellectual disabilities, and calling on Republican Tennessee Gov. Bill Lee to stop the execution and prevent "a grotesque spectacle."

Citing Fetal Alcohol Syndrome and exposure to toxic lead, his attorneys said his mental impairments meant Black always had to live with and rely on family. Even now on death row, his attorneys said that other inmates "do his everyday tasks for him, including cleaning his cell, doing his laundry, and microwaving his food."

"If ever a case called for the Governor to grant clemency or, at the very least, a reprieve, it is this one," Henry said in a statement.

The director of Tennessee Conservatives Concerned About the Death Penalty said that she supports accountability for people who commit heinous crimes, but "the law is clear that we do not execute people with intellectual disability."

"Governor Lee can insist on accountability while ensuring that the law is also followed. A situation such as this is exactly why governors have clemency power," Jasmine Woodson said in a statement. "Mr. Black has spent over three decades in prison for this crime and will never be released. As a conservative, I believe that he should remain behind bars, but he should not be executed."

Lee's office has not responded to USA TODAY's requests for comment.

In his statement to USA TODAY, Skrmetti pushed back at findings that he's intellectually disabled and said that "over the decades, courts have uniformly denied Black's eleven distinct attempts to overturn his murder convictions and death sentence."

Angela Clay's family seeks justice

Earlier this year, Angela Clay's sister told The Tennessean that she and her family were frustrated with years of delays, court hearings, and uncertainty.

"It's been decades and nothing has happened," she said. "He needs to pay for what he did."

Angela Clay's mother, Marie Bell, told The Tennessean that she had been waiting far too long for justice.

"I'm 88 years old and I just want to see it before I leave this Earth," she said.

Marie Bell, left, and her daughter Linette Bell, right, at their home after discussing how Angela Clay and her two daughters, Latoya, 9, and Lakeisha, 6, were killed in 1987 Tuesday, March 4, 2025 in Nashville, Tenn. Byron Black is currently on Death Row after being convicted of killing Marie Bell's daughter, Angela Clay, and granddaughters.

Contributing: Kelly Puente, The Tennessean

Amanda Lee Myers is a senior crime reporter for USA TODAY. Follow her on X at @amandaleeusat.

This article originally appeared on USA TODAY: Byron Black case: Disabilities and a heart device complicate execution

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Tennessee to execute Byron Black amid heart device, intellectual disability concerns

Tennessee to execute Byron Black amid heart device, intellectual disability concerns Amanda Lee Myers, USA TODAY Augus...
New Photo - What is IVF? Trump once called himself 'father of IVF,' but has not released coverage plan

What is IVF? Trump once called himself 'father of IVF,' but has not released coverage plan Kinsey Crowley, USA TODAYAugust 5, 2025 at 6:02 AM Months after a deadline for policy recommendations to expand access to in vitro fertilization passed, the White House has not released any plans for the ferti...

- - What is IVF? Trump once called himself 'father of IVF,' but has not released coverage plan

Kinsey Crowley, USA TODAYAugust 5, 2025 at 6:02 AM

Months after a deadline for policy recommendations to expand access to in vitro fertilization passed, the White House has not released any plans for the fertility treatment.

In February, Trump signed an executive order directing policy advisers to make recommendations on how to lower costs for IVF after promising to do so on the campaign trail. The order gave the Domestic Policy Council 90 days to do so, making the deadline May 19, according to CBS News.

On Aug. 3, the Washington Post reported that anonymous sources said the White House currently has no plan to provide or require coverage.

Trump once called himself the "father of IVF" during the campaign as he pledged to find ways to cover the cost of the treatment, either through government coverage or through a mandate on insurance companies. The White House did not immediately respond to a request for an update on the possible policy plans.

More: The White House wants women to have more babies. They're ignoring part of the problem − men

What is IVF?

IVF is the process of combining a sperm and egg in a laboratory and transferring them to a uterus, commonly used to aid conception for someone with fertility issues. Advocates for the treatment were worried that access to the treatment could come under threat after the Dobbs decision in June 2022.

That fear was somewhat realized in February 2024 when the Alabama Supreme Court decided embryos had the legal status of children in a landmark case. The Alabama legislature later passed a bill to protect IVF patients and providers.

Why is IVF controversial?

Approximately 2% of births in the U.S. each year come from IVF pregnancies, and it can be a life-changing procedure for people experiencing infertility who want to start a family.

But the procedure is opposed by some religious groups, many conservative Christians, who argue that life begins the moment an egg is fertilized and that humans should leave procreation to God, not science.

When the first IVF baby was born in 1979, a coalition of anti-abortion groups spoke out against the procedure. But that was after the Roe v. Wade decision, so embryos were treated as private property that the respective egg and sperm donors could decide if they wanted to implant, destroy or pass on the embryo without consequence.

What has Trump said about IVF in the past?

Trump has long supported IVF, but surprised many conservatives on the campaign trail when he promised to require insurance companies or the government to cover costs associated with IVF.

"Under the Trump administration, your government will pay for – or your insurance company will be mandated to pay for – all costs associated with IVF treatment," Trump said at an event in August 2024. "We want more babies, to put it very nicely."

At a Fox News town hall in October, Trump called himself the "father of IVF," while promising coverage for the procedure, which can cost tens of thousands of dollars.

Upon returning to the White House, Trump issued an executive order in February directing his policy advisers to make recommendations on how to lower the costs of the procedure. The order he signed had no immediate impact on the cost or access of the treatment.

"I've been saying we are going to do what we have to do and I think the women and families, husbands, are very appreciative of it," Trump said of the order from his Mar-a-Lago estate in Florida.

Contributing: Jessica Guynn, Bailey Schulz, Adrianna Rodriguez, Liam Adams, John Kennedy, Trevor Hughes, Riley Beggin, USA TODAY NETWORK

Kinsey Crowley is the Trump Connect reporter for the USA TODAY Network. Reach her at [email protected]. Follow her on X and TikTok @kinseycrowley or Bluesky at @kinseycrowley.bsky.social.

This article originally appeared on USA TODAY: What is IVF? Deadline for Trump's coverage plans passed months ago

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What is IVF? Trump once called himself 'father of IVF,' but has not released coverage plan

What is IVF? Trump once called himself 'father of IVF,' but has not released coverage plan Kinsey Crowley, US...
New Photo - Swiss president heads to US for talks to defuse tariff threat

Swiss president heads to US for talks to defuse tariff threat John RevillAugust 5, 2025 at 5:49 AM By John Revill ZURICH (Reuters) Swiss President Karin KellerSutter and Business Minister Guy Parmelin will fly to Washington on Tuesday, the government said, to try to avoid the 39% tariffs announced b...

- - Swiss president heads to US for talks to defuse tariff threat

John RevillAugust 5, 2025 at 5:49 AM

By John Revill

ZURICH (Reuters) -Swiss President Karin Keller-Sutter and Business Minister Guy Parmelin will fly to Washington on Tuesday, the government said, to try to avoid the 39% tariffs announced by President Donald Trump on exports to the United States.

The pair will "facilitate meetings with the US authorities at short notice and hold talks with a view to improving the tariff situation for Switzerland," the government said.

It not specify which parts of the U.S. government they would meet in Washington or whether a meeting was scheduled with Trump.

The Swiss government said on Monday it was ready to make a "more attractive offer" to United States as it sought to avoid a 39% tariff, due to take effect on August 7, which would damage Switzerland's economy.

The Federal Council, the governing cabinet, held an emergency meeting and said it was ready to pursue negotiations beyond the August 7 deadline.

The government gave no details of what extra incentives could be offered to secure a better deal, but it did say it was not considering any countermeasures against the U.S.

The aim of Keller-Sutter and Parmelin's trip was to present "a more attractive offer to the United States in a bid to lower the level of reciprocal tariffs for Swiss exports, taking U.S. concerns into account," the government said.

(Writing by John Revill and Madeline Chambers, Editing by Miranda Murray and Giles Elgood)

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Swiss president heads to US for talks to defuse tariff threat

Swiss president heads to US for talks to defuse tariff threat John RevillAugust 5, 2025 at 5:49 AM By John Revill ZURI...
New Photo - India and the Philippines announce partnership to strengthen trade, defense and maritime ties

India and the Philippines announce partnership to strengthen trade, defense and maritime ties August 5, 2025 at 5:51 AM 1 / 5India PhilippinesIndian Prime Minister Narendra Modi, right, with Philippines President Ferdinand Marcos Jr. before delegation level talks in New Delhi, India, Tuesday, Aug.

- - India and the Philippines announce partnership to strengthen trade, defense and maritime ties

August 5, 2025 at 5:51 AM

1 / 5India PhilippinesIndian Prime Minister Narendra Modi, right, with Philippines President Ferdinand Marcos Jr. before delegation level talks in New Delhi, India, Tuesday, Aug. 5, 2025. (AP Photo/Manish Swarup)

NEW DELHI (AP) — India and the Philippines announced an upgraded strategic partnership Tuesday that they said will deepen trade, defense and maritime cooperation between the two nations.

The countries announced the agreement after bilateral talks in New Delhi between Indian Prime Minister Narendra Modi and visiting Philippine President Ferdinand Marcos.

India's foreign ministry spokesman, Randhir Jaiswal, said the sides also agreed to expand partnerships in space, tourism, culture and digital technologies.

After the talks, Modi said India and the Philippines were "committed to peace, security, prosperity and a rules-based order in the Indo-Pacific region."

Marcos said the strategic partnership "will doubtless resonate beyond the confines of our bilateral relationship."

"We want to work with you for a free and open Indo-Pacific," he told Modi.

Marcos arrived in India on Monday for a five-day visit as the countries deepen their defense ties. They staged joint naval exercises in the disputed South China Sea for the first time on Sunday, a high-profile military deployment that antagonized China.

India also has supplied its BrahMos supersonic cruise missile systems to Philippines.

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India and the Philippines announce partnership to strengthen trade, defense and maritime ties

India and the Philippines announce partnership to strengthen trade, defense and maritime ties August 5, 2025 at 5:51 A...
New Photo - Russia says it no longer will abide by its self-imposed moratorium on intermediate-range missiles

Russia says it no longer will abide by its selfimposed moratorium on intermediaterange missiles August 5, 2025 at 4:54 AM Russian President Vladimir Putin arrives to attend a flag raising ceremony of the Knyaz Pozharsky nuclearpowered BoreiA class submarine in Severodvinsk, Russia, Thursday, July 24...

- - Russia says it no longer will abide by its self-imposed moratorium on intermediate-range missiles

August 5, 2025 at 4:54 AM

Russian President Vladimir Putin arrives to attend a flag raising ceremony of the Knyaz Pozharsky nuclear-powered Borei-A class submarine in Severodvinsk, Russia, Thursday, July 24, 2025. (Alexander Kazakov, Sputnik, Kremlin Pool Photo via AP)

MOSCOW (AP) — Russia has declared that it no longer considers itself bound by a self-imposed moratorium on the deployment of nuclear-capable intermediate range missiles, a warning that potentially sets the stage for a new arms race as tensions between Moscow and Washington rise again over Ukraine.

In a statement Monday, the Russian Foreign Ministry linked the decision to efforts by the U.S. and its allies to develop intermediate range weapons and preparations for their deployment in Europe and other parts of the world. It specifically cited U.S. plans to deploy Typhoon and Dark Eagle missiles in Germany starting next year.

The ministry noted that such actions by the U.S. and its allies create "destabilizing missile potentials" near Russia, creating a "direct threat to the security of our country" and carry "significant harmful consequences for regional and global stability, including a dangerous escalation of tensions between nuclear powers."

It didn't say what specific moves the Kremlin might take, but President Vladimir Putin has previously announced that Moscow was planning to deploy its new Oreshnik missiles on the territory of its neighbor and ally Belarus later this year.

"Decisions on specific parameters of response measures will be made by the leadership of the Russian Federation based on an interdepartmental analysis of the scale of deployment of American and other Western land-based intermediate-range missiles, as well as the development of the overall situation in the area of international security and strategic stability," the Foreign Ministry said.

The Russian statement follows President Donald Trump's announcement Friday that he's ordering the repositioning of two U.S. nuclear submarines "based on the highly provocative statements" of Dmitry Medvedev, who was president in 2008-12 to allow Putin, bound by term limits, to later return to the office. Donald Trump's statement came as his deadline for the Kremlin to reach a peace deal in Ukraine approaches later this week.

Trump said he was alarmed by Medvedev's attitude. Medvedev, who serves as deputy chairman of Russia's Security Council chaired by Putin, has apparently sought to curry favor with his mentor by making provocative statements and frequently lobbing nuclear threats. Last week. he responded to Trump's deadline for Russia to accept a peace deal in Ukraine or face sanctions by warning him against "playing the ultimatum game with Russia" and declaring that "each new ultimatum is a threat and a step toward war."

Medvedev also commented on the Foreign Ministry's statement, describing Moscow's withdrawal from the moratorium as "the result of NATO countries' anti-Russian policy."

"This is a new reality all our opponents will have to reckon with," he wrote on X. "Expect further steps."

Intermediate-range missiles can fly between 500 to 5,500 kilometers (310 to 3,400 miles). Such land-based weapons were banned under the 1987 Intermediate-range Nuclear Forces (INF) Treaty. Washington and Moscow abandoned the pact in 2019, accusing each other of violations, but Moscow declared its self-imposed moratorium on their deployment until the U.S. makes such a move.

The collapse of the INF Treaty has stoked fears of a replay of a Cold War-era European missile crisis, when the U.S. and the Soviet Union both deployed intermediate-range missiles on the continent in the 1980s. Such weapons are seen as particularly destabilizing because they take less time to reach targets, compared with intercontinental ballistic missiles, leaving no time for decision-makers and raising the likelihood of a global nuclear conflict over a false launch warning.

Russia's missile forces chief has declared that the new Oreshnik intermediate range missile, which Russia first used against Ukraine in November, has a range to reach all of Europe. Oreshnik can carry conventional or nuclear warheads.

Putin has praised the Oreshnik's capabilities, saying its multiple warheads that plunge to a target at speeds up to Mach 10 are immune to being intercepted and are so powerful that the use of several of them in one conventional strike could be as devastating as a nuclear attack.

Putin has warned the West that Moscow could use it against Ukraine's NATO allies who allowed Kyiv to use their longer-range missiles to strike inside Russia.

___

The receives support for nuclear security coverage from the Carnegie Corporation of New York and Outrider Foundation. The AP is solely responsible for all content.

___

Additional AP coverage of the nuclear landscape: https://ift.tt/heL4Ft7

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Russia says it no longer will abide by its self-imposed moratorium on intermediate-range missiles

Russia says it no longer will abide by its selfimposed moratorium on intermediaterange missiles August 5, 2025 at 4:54...

 

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