this is cnn breaking news. i m max foster joining you live from london. bianca is off for the day. we ve got breaking news to bring you at this hour. it is that essentially the second largest bank failure in american history has been announced. first republic taken over by the authorities late last night. and they have sold a large proportion of the assets to jpmorgan chase. thos those assets we re being told is just announced by the federal deposit insurance agency. that s the agency that ensures deposts for customers. this is the third bank to fail in two months. there s a relief other banks haven t failed. as you can see, the medium-size banks are struggling in the united states. there s concern that contagion may spread to other parts of the world. but so far, the authorities seem to be handling each one on a case-by-case basis. as i was aing, j.p. morningen will take over the assets, the deposits held with the bank. customer deposits are safe for now. authorities tryin
massive crowd have descended upon the great wall of china. 14,000 of people visited a section of the wall, in north china. you can see throngs of visitors walking from tower to tower, climbing the wall, cueing the cable cars, the site, if you want tickets for the popular section of the great wall, you re out of luck, they re completely sold out, may 1 and may 2. meanwhile, in macao, let s show you this footage, hundreds of thousands of chinese tourists have crowding into there. this is an area known, of course, for its glitz ziy casin but also shopping. this surge comes after the pandemic restrictions lifted in january, in effect, opening the door wide for visitors for the first time in three years. according to people on the streets, whether tourists or business owners, they re saying