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you re live in the cnn newsroom. i m jim acosta in new york. much of california is under a state of emergency this afternoon, and mandatory evacuations are under way in parts of monterrey county on the central coast. a short time ago we received drone video of a levee that failed this morning. as you can see, the waters rushed through the breach and into a nearby neighborhood. the floodwaters have washed away roads and bridges and cut off some communities in the area. this is new video. we also have coming in from springville, where many have lost their homes and belongings in that area. california s reeling from its tenth atmospheric river of the winter in the central and northern parts of the state. it s dumping huge amounts of rain and snow on the ground that is already saturated. cnn s mike valerio joins us. you spoke to a county supervisor a short time ago there. what have you learned? reporter: well, he told us, jim, that there are hundreds of people now in sh ....
Another Foreign Company runs into trouble in china. I am michelle macquarrie. The question is, does greece need another bailout and will europe come to the rescue . And also coming up in this hour. Tickets for the world cup are on sale but the repaired to spend big. And scoring big profits with exorbitant prices, forcing the government to intervene. We will look at nickel tourism around the world and why more people travel to get to medical treatment. First the latest national and world news headlines. The trial of the communist party chief is underway. He arrived at the courthouse last hour. His trial is being reported on by social media. More than 100 people are present including five of his relatives and 19 journalist. He faces charge or he charges of bribery and abuse of power. A sentence was handed down in the Bradley Manning espionage case erie it he committed the big ....
He said that the reason has to do largely because there are no internationally accredited medical centers or specialty clinics there or in the immediate region, as was the case in larger mexican cities like cancun and tijuana. how much can americans save by traveling to mexico? woodman told us that on average anywhere from ha40% to 60%. the risks are definitely there as we have seen the last couple of weeks, jim. all right. rafael romo, thank you very much for that. some startup companies are scrambling to keep their businesses from going under after the stunning collapse of silicon valley bank. its sudden shutdown friday morning marked the largest failure of a u.s. bank since 2008 and second largest in u.s. history. many in the tech industry are in limbo. matt higgins joins us, executive fellow and teacher at harvard business school and author of burn the boats. he was a guest judge on shark tank. matt, a lot of people are ....
It was a facebook live stream video taken by one of the victims. the images show the group driving to a medical appointment in matamoros, across the border from brownsville, texas, but they never showed up there. jim, back to you. all right. and rafael, we ve heard a lot about medical tourism and americans going to mexico for services, going on for a long time. can you explain why this is so popular? i assume it s less expensive there, and that s the draw? reporter: yeah, that s a key point. mexico is actually the second most popular destination for medical tourism globally. in 2020 alone, there were an estimated 1.4 million to 3 million patients traveling into the country to take advantage of an expensive treatment. according to beyond borders and national health care contacted by cnn. what s interesting, jim, is that matamoros is not considered a primary medical travel destination. that s what joseph woodman, the company s founder, told us. ....