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think that for the major back order, the secured lender, the bond order should be the one of the optional creditors but to be honest it s suspected the bond order could only recover 2% to 3% under liquidation scenario and currently the bonds issued by evergrande are also trading at around up to 2 cents to the dollar, we believe that the most viable assets by evergrande are offshore assets which include the shares of the properties of electric vehicles divisions. meanwhile we think that it divisions. meanwhile we think thatitis divisions. meanwhile we think that it is virtually impossible to recover anything on the onshore assets. to recover anything on the onshore assets. what are the broader implications - onshore assets. what are the broader implications for - onshore assets. what are the broader implications for the l broader implications for the industry from liquidation? actually, evergrande is the first one, the first developer, the first large developer that is ordere ....
its outstanding debt. of course, evergrande has more than $300 billion worth of liabilities, reportedly, and it has been trying to come up with this restructuring plan and the judge has been postponing the decision up until now. whether or not this process will be followed remains to be seen because i have been speaking to a pot of expert to say that despite the one country to system slogan there are some thorny jurisdiction system slogan there are some thornyjurisdiction issues. so, even though, if this report is concerned, the liquidator will be appointed by a hong kong court, whether or not beijing would then recognise those liquidators remains to be seen. having said that, the ruling is confirmed is really significant and it will send a shockwave through china s financial markets because for many decades the real estate sector has been a main driver of china s economic growth and also there have been many other developers which have been defaulting just like evergra ....
alejandro mayorkas committed high crimes and misdemeanors? and growing pressure on president biden to respond after a drone attack killed three american troops. and there are new questions about how that drone was able to evade u.s. defenses. also ahead, could donald trump get booted from another state s ballot? elections officials in illinois are meeting this hour just days ahead of a high stakes supreme court hearing. and later, is sci-fi becoming reality? elon musk now claiming the first neuralink implant into a human brain. thanks for being here. it is 10:00 eastern. i m ana cabrera reporting from new york. let s get to the breaking news on capitol hill, where this morning the house homeland security committee is trying to do something that hasn t been done in more than 150 years. impeach a sitting cabinet secretary. republicans alleging high crimes and misdemeanors by dhs secretary alejandro mayorkas, claiming he, quote, willfully and systematically refused ....
you think they will be able to get their money back? i think that apart get their money back? i think that apart from get their money back? i think that apart from the get their money back? i think that apart from the secure i that apart from the secure lender, this should be the one offshore creditors, but to be honest, we expect these bondholders can still on the recover approximately 2% to 3% in a liquidation scenario. currently, by also trading around one to 2 cents on the dollar. so at this point, we believe that the most valuable assets owned by ever grand are still the offshore ones, including the share of the publicly serviced division. so meanwhile, we think that it is virtually impossible to recover anything from its onshore assets. ~ ., anything from its onshore assets. ., ., anything from its onshore assets. ~ . ., , assets. what are the broader implications assets. what are the broader implications for assets. what are the broader implications for ....
since israel s retaliation for the october 7th attacks, us military bases in syria and iraq have been attacked more than 170 times. the group behind the deaths at the tower 22 base called islamic resistance in iraq are part of an iranian sponsored network across the middle east. known as the axis of resistance , there s a number of pro iranian militias based in iraq, syria, lebanon, the palestinian territories and as far south as yemen. all are opposed to israel and the united states. from washington our north america editor sarah smith has the latest. in the situation room, president biden with his defence secretary is considering his military reaction. we are told he is weighing his options. he needs to retaliate, but without causing more conflict. we do not seek another war. we do not seek to escalate. but we will absolutely do what is required to protect ourselves, to continue that mission and to respond appropriately to these attacks. shortly after he learne ....