Shadow Banks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

approaches. we'll take you to monterey county. the fallout from the silicon valley bank collapse as customers wait to hear if they will recover their money. many worry if it will lead to even more bank closures. and in israel, hundreds of thousands take to the streets to protest the prime minister's plan to overhaul the court system. we're live in tel aviv,. >> life from cnn center, this is cnn newsroom with leila harak. >> we begin in the u.s. where 15 million in california and nevada are under flood alerts. some of those flood watches have been extended through wednesday. as the ra...

some signs that the temporary ceasefire agreement due to end in a day's time could be extended. hamas and us presidentjoe biden have said they would like to see an extension, but the israeli prime minister said he was open to the idea but has also warned that the war will resume at the end of the deal. 0ur senior international correspondent aurier garin has more. rejoicing in israel after the darkness of recent weeks. the latest group of hostages freed from gaza waved to supporters as they are welcomed home. both israel and hamas are signalling their deal could be extended to free mo...

of liquid products sold in wall street, and when the property market went down, those products very quickly had to be revalued. china, most of its debt is held in these shadow banks and in some of the bricks and mortar banks so the rate of decline can be slowed a little bit. howeverthe decline can be slowed a little bit. however the biggest issue is debt. overall the debt in the property sector is huge. as much as 30% of bank assets, and that will take a long time to unwind, and the centre of government is very reluctant to step in and probably can't have enough cash. step in and pro...

been chasing this property bubble, and in order to create this bubble, offering very very high returns and it works for quite a while because property prices were going up and everybody was sort of a win win for everybody. the everybody was sort of a win win for everybody-— for everybody. the property developers _ for everybody. the property developers could _ for everybody. the property developers could throw - for everybody. the property developers could throw up i developers could throw up buildings that people thought that they needed, and investors would get the returns of ten...

the firm has a sizeable exposure to china's real estate industry that has been rocked by serious financial problems like evergrande and country garden. having a look at how this impacts the chinese economy i have been speaking to andrew collier, an expert on shadow banks. the bigger threat is not so much a meltdown like the united states had in 2009. that occurred because there was lots of liquid products sold in wall street, and when the property market went down, those products very quickly had to be revalued. went down, those products very china, most of its debt is held in these ...