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February 15th - According to foreign media reports, the European Central Bank (ECB) announced plans on Saturday to expand the accessibility of its Euro Liquidity Support Facility globally and make it a regular mechanism to enhance the international status of the euro as a single currency. Previously, such repurchase quotas were only open to a limited number of countries, primarily Eastern European countries. ECB President Christine Lagarde stated at the Munich Security Conference, "The ECB must prepare for a more volatile environment." The central bank stated that the tool will be launched in the third quarter of 2026 and will be open to all central banks globally, except for those excluded due to reputational issues such as money laundering, terrorist financing, or international sanctions. The repurchase quota is used in scenarios where banks cannot obtain financing from the market, allowing financial institutions to borrow euros from the ECB using high-quality assets as collateral and repay the principal and interest upon maturity. The new tool will provide a regular access quota of up to €50 billion.Market sources say Meta Platforms (META.O) is reportedly considering developing facial recognition technology for its smart glasses and plans to add this feature as early as this year.On February 14, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, attended the Munich Security Conference and delivered a speech and answered questions at the "China Session." When asked about Chinas role in resolving regional conflicts, particularly the Ukraine issue, Wang Yi stated that Chinas position is clear: all regional hotspots should seek political solutions through dialogue and consultation, and the same applies to the Ukraine issue. However, China is not a party to the conflict, and the decision-making power is not in Chinas hands. What we can do is to promote peace talks. We have dispatched special envoys to mediate and, through various channels, emphasized to all parties that a ceasefire should be implemented as soon as possible, and that everyone should return to the negotiating table.On February 14, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, attended the Munich Security Conference, delivered a speech at the "China Session," and answered questions from the audience. Wang Yi emphasized that the erroneous remarks by Japanese leaders on the Taiwan issue exposed Japans undying ambition to invade and colonize Taiwan and the lingering specter of reviving militarism. Japan launched its invasion of China and attacked Pearl Harbor under the pretext of a so-called "crisis and existential crisis." The lessons of history are still fresh and must be heeded. If Japan does not repent, it will inevitably repeat the same mistakes. Good people should be vigilant. First and foremost, the Japanese people must be reminded not to be blinded and coerced by far-right forces and extremist ideologies again. All peace-loving countries should also warn Japan: if it chooses to go back to its old ways, it will only lead to its own destruction.Joint statement from the UK, Switzerland, France, Germany, and the Netherlands: We and our partners will use all policy tools at our disposal to continue to hold Russia accountable.

Bitcoin Falls 7.2% to $28,758

Skylar Shaw

May 12, 2022 09:58

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At 22:05 GMT on Wednesday, bitcoin was down 7.23 percent to $28,758.29, a loss of $2,241.68 from its previous closing.


Bitcoin, the world's most popular cryptocurrency, is down 40.4 percent from its all-time high of $48,234 on March 28.


On Wednesday, the cryptocurrency tied to the Ethereum blockchain network, fell 11.56 percent to $2,071.46, a loss of $270.66 from its previous closing.