Issue #14700: Fix buggy overflow checks for large precision and width in new-style and old-style formatting.
diff --git a/Misc/NEWS b/Misc/NEWS
index 9d29b42..f384a2e 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -9,6 +9,9 @@
 Core and Builtins
 -----------------
 
+- Issue #14700: Fix buggy overflow checks for large width and precision
+  in string formatting operations.
+
 - Issue #6074: Ensure cached bytecode files can always be updated by the
   user that created them, even when the source file is read-only.