Bankruptcy protection in the us under chapter 15 which governs Foreign Companies in the us, protecting them from creditors that might want to sue them. You have probably heard of chapter 11. That typically governs American Companies but it is chapter 15. According to Court Filings these negotiations are ongoing in hong kong, canaanite and British Virgin islands. We have reached out to evergrande that have not had conversation. To those who have wondered if they have ever thought of evergrande before it is chinas huge property giant. They have about 1300 projects across 280 different cities in china and they invest in everything, not just property. They have an electric vehicle maker and a football club, but as i mentioned, 2021 was when we saw the Company Default on its debts, sending shockwaves across the Global Financial system and triggering a string of defaults from builders who owed money to evergrande or expected them to complete some contracts. We have seen 40 or the companies t
Last night on truth social the former president said joe biden had turned the United States into a third world country. Here he is after securing the nomination. We will not take time to celebrate. We will celebrate in eight months when the election is over. Novemberfiftf, i believe, will go down as the most important day in the history of our country, so start thinking about it, start thinking about your vote, because this vote would be the most important vote youve ever cast. Im sparing a thought for the people in the seven Battleground States who will be also altered from here to november by ads, surrogates, the nominees, it would be a long stretch. ,. ,. , stretch. That is what it is about, the battleground stretch. That is what it is about, the Battleground States stretch. That is what it is about, the Battleground States where l stretch. That is what it is about, i the Battleground States where it could go either way, the map is pretty much drawn and theres been much redistricti
i m rosemary church. just ahead, we are hours away from u.s. markets opening up for a wild day on wall street. stocks tumbling after another bank lands in trouble. we ll look at how this impacts your money. plus it s important that great powers be models of transparency and communication. a war of words intensifying amid an actual ground war. this, as u.s. officials say a russian crew has reached the site where a u.s. drone crashed in the black sea after being hit by a russian jet. and we ll take you live to tel aviv, where israel s president is invoking the term civil war. good to have you with us. global markets, as another bank teeters on the brink of failure. but credit suisse will get a hand from swiss national bank as it plans to borrow $54 billion in hopes of assuring investors. the lender would be the first major bank to be given such a lifeline since the 2008 financial crisis. that feeling the of deja vu sent markets plunging in the nasdaq. the dow and s&
suze orman is out front with answers. just in, the moment a ukrainian soldier takes down a russian jet as we re learning new details about russia training elementary schoolchildren to fight. georgia has another reporting of trump pressuring another official to overturn the election and it comes as trump s former fixer michael cohen testifies before a grand jury in new york. trump s attorney is my guest tonight. let s go out front. good evening. i m erin burnett. out front tonight, fear going global. worry of banking collapses spreading beyond the united states with mega bank credit suisse shares plummeting and a quarter of the value gone in a day and saying it s ready to bail out credit suisse with more funds in necessary and that fear ricochetting back to wall street and the dow down 700 points at one point closed down 300. shares of banks taking another brutal blow. take the regional bank first republic, it lost 20% of its value today. it is a widely respected bank by peo
i have to go to work. i don t know if my money is safe. the person with 100 million they worry about. it s scary times that we live in. neil: more americans are banking on more trouble, no matter the comeback of the dow today. they hope it doesn t show up at their bank. stocks decimated on bets more banks will fall and soon. black rock s larry fink calling it a slow-rolling crisis and one that steam-rolled pretty much over all stocks today, although we re off of our lows today. this is the good side you re looking at. at issue again, more banks with issues including credit suisse. its chairman insisting everything is fine despite being told everything is not find. now word that authorities are scrambling to help. republican senator james langford says get ready for higher fees. charlie gasparino on why so many americans are running to bigger banks and fast to get away from this. let s just say we re over this, all of this. welcome. i m neil cavuto. we re on top of the r