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“As the sole issuer of euro-denominated central bank money, the Eurosystem will always be able to generate additional liquidity as needed,” Lagarde said in response to a question by an Italian member of the European Parliament.
“So, by the definition, it will neither go bankrupt nor run out of money. In addition to that, any financial losses, should they occur, would not impair our ability to seek and maintain price stability....

*Well, they haven’t killed us yet
The specialized division that included SCORPION, the anti-crime unit responsible for beating Tyre Nichols.
The post What $28 Million Bought the Memphis Police Department appeared first on The Intercept.
Victor Orban is not a stupid man even though I disagree with him on a great deal:
Hungarian military leadership is receiving a purge. Over 170 generals and high-ranking officers were fired in a matter of a couple days. A deNATOization is occurring in the Hungarian command purging those that were socialized in NATO and international partnerships.
Now, it’s easy to reflexively say this is bad, but imagine you were a left-wing South American leader.
In a mirror image of what the United States has been doing with semiconductor lithography technology, China has recently amended its rules to ban the export of several core solar panel technologies in order to maintain its leading status and global market share in the sector.Asia Times
A solar panel on a rooftop may include a hundred pieces of silicon and China has the lead now in machinery to manufacture those. Now Chinese manufacturers have been forbidden to use their large silicon, black silicon and cast-mono silicon technologies overseas, according to the newly-amended export guidelines published by the Ministry of Commerce and the Ministry of Science and Technology.
China bans export of core solar panel technologies
U.S. stops granting export licenses for China's Huawei - sources

Conor Gallagher

Click here to go see the bonus panel!
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I honestly don't understand why birders are all so happy. It's like constantly rubbing your face in human limitations, and then you don't even get to shoot the source of your suffering.
Today's News:
Smile? Of course I know how to smile. Smiling is a basic facial expression that normal human beings make dozens of times a day without even thinking about it. And I’m definitely a normal human being who smiles on a regular basis.
Oh, you mean smile right now? For the camera? Uh, sure, no problem! Just give me a minute to get into the right pose. What kind of smile are we going for here? Like, did someone tell a joke that’s kind of dumb, but I’m trying to be polite? Or am I a minimum-wage worker who’s really excited to welcome the next person in line to this Subway sandwich bar? Or is this a gesture of peace, where I’m a fifth-century Saxon warrior approaching a rival Frankish tribe, and I want to show that I’m not hiding weapons between my teeth? A little direction on this whole smiling thing would help. I don’t want to overdo it and look like a serial killer. Or underdo it and look like a serial killer.
Why are you looking at me like that? Is it because I’m thinking about serial killers? Oh god, can you tell from my face that I’m thinking about serial killers? I’ll stop thinking about serial killers.