1 00:00:25,160 --> 00:00:13,020 foreign 2 00:00:25,170 --> 00:00:40,150 [Music] 3 00:00:46,729 --> 00:00:43,430 welcome good afternoon it is Monday 4 00:00:48,229 --> 00:00:46,739 March 13 2023 this is Fade to Black 5 00:00:51,049 --> 00:00:48,239 breaking news 6 00:00:53,810 --> 00:00:51,059 all of the news that you need I'm your 7 00:00:58,330 --> 00:00:53,820 host Jimmy Church let's get straight to 8 00:01:06,590 --> 00:01:03,950 1965. Eric Clapton leaves The Yardbirds 9 00:01:08,390 --> 00:01:06,600 and then he recommended Jimmy Page 10 00:01:12,350 --> 00:01:08,400 who declined 11 00:01:15,590 --> 00:01:12,360 but he recommended Jeff Beck who 12 00:01:17,330 --> 00:01:15,600 accepted he joined the band later Paige 13 00:01:20,210 --> 00:01:17,340 would join back with the two guitar 14 00:01:23,030 --> 00:01:20,220 attack that lasted just two years and 15 00:01:26,510 --> 00:01:23,040 then Paige of course formed Zeppelin and 16 00:01:28,670 --> 00:01:26,520 Beck the Jeff Beck Group and Clapton 17 00:01:33,350 --> 00:01:28,680 well he was just clapping 18 00:01:36,469 --> 00:01:33,360 on this day in 1965 let's get to your 19 00:01:39,230 --> 00:01:36,479 fader fact fully vetted I checked it out 20 00:01:40,910 --> 00:01:39,240 actually today 21 00:01:44,630 --> 00:01:40,920 here it is 22 00:01:48,490 --> 00:01:44,640 when Lady Gaga went to New York 23 00:01:52,130 --> 00:01:48,500 University NYU a group of students 24 00:01:54,289 --> 00:01:52,140 started a Facebook group about how she 25 00:01:59,149 --> 00:01:54,299 would never be famous 26 00:02:03,830 --> 00:01:59,159 yeah it was called Stephanie germanotta 27 00:02:08,270 --> 00:02:03,840 you will never be famous yeah it had 12 28 00:02:10,190 --> 00:02:08,280 members and that is your fader fact 29 00:02:12,010 --> 00:02:10,200 let's get into the breaking news it all 30 00:02:13,550 --> 00:02:12,020 went down on Friday 31 00:02:17,150 --> 00:02:13,560 yep 32 00:02:19,550 --> 00:02:17,160 Silicon Valley Bank the go-to bank for 33 00:02:21,110 --> 00:02:19,560 U.S tech startups and this is big news 34 00:02:24,350 --> 00:02:21,120 for this community 35 00:02:27,070 --> 00:02:24,360 face facing a sudden Bank Run in capital 36 00:02:30,050 --> 00:02:27,080 crisis collapsed on Friday morning 37 00:02:32,809 --> 00:02:30,060 leaving its high-powered customers and 38 00:02:34,610 --> 00:02:32,819 investors in limbo it was taken over by 39 00:02:38,089 --> 00:02:34,620 federal regulators 40 00:02:42,890 --> 00:02:38,099 it was the largest bank failure of a U.S 41 00:02:46,369 --> 00:02:42,900 Bank since Washington Mutual in 2008. 42 00:02:48,650 --> 00:02:46,379 that's right last Wednesday as VB 43 00:02:52,130 --> 00:02:48,660 announced it had sold a bunch of 44 00:02:55,910 --> 00:02:52,140 Securities at a loss and that it would 45 00:02:59,509 --> 00:02:55,920 also sell 2.25 billion dollars in new 46 00:03:02,630 --> 00:02:59,519 shares to shore up its balance sheet 47 00:03:05,570 --> 00:03:02,640 that triggered a panic among key Venture 48 00:03:07,610 --> 00:03:05,580 Capital firms who reportedly advised 49 00:03:08,630 --> 00:03:07,620 companies to withdraw their money from 50 00:03:13,970 --> 00:03:08,640 the bank 51 00:03:16,369 --> 00:03:13,980 morning and by the afternoon it was 52 00:03:19,430 --> 00:03:16,379 dragging other bank shares down with it 53 00:03:22,490 --> 00:03:19,440 as investors began to a fear of the 54 00:03:27,290 --> 00:03:22,500 repeat of the 2007-2008 financial crisis 55 00:03:30,050 --> 00:03:27,300 by Friday morning trading in svb shares 56 00:03:32,030 --> 00:03:30,060 was halted and it had abandoned efforts 57 00:03:34,490 --> 00:03:32,040 to quickly raise capital or find a buyer 58 00:03:37,250 --> 00:03:34,500 California Regulators intervened 59 00:03:40,070 --> 00:03:37,260 shutting the bank down and placing it in 60 00:03:42,250 --> 00:03:40,080 receivership under the Federal Deposit 61 00:03:46,550 --> 00:03:42,260 Insurance Corporation 62 00:03:49,009 --> 00:03:46,560 HSBC in Britain has scooped up the UK 63 00:03:51,110 --> 00:03:49,019 arm of failed Silicon Valley Bank 64 00:03:53,750 --> 00:03:51,120 securing the future of thousands of 65 00:03:54,770 --> 00:03:53,760 British Tech firms that hold money at 66 00:03:59,570 --> 00:03:54,780 the lender 67 00:04:01,729 --> 00:03:59,580 had a buyer not been found svb UK would 68 00:04:03,589 --> 00:04:01,739 have been placed into insolvency by the 69 00:04:06,550 --> 00:04:03,599 bank of England following the stunning 70 00:04:09,770 --> 00:04:06,560 collapse of svb in the United States 71 00:04:13,009 --> 00:04:09,780 Bank stocks teetered but held on their 72 00:04:15,050 --> 00:04:13,019 gains by mid-afternoon today as Wall 73 00:04:19,069 --> 00:04:15,060 Street considers the U.S government's 74 00:04:22,790 --> 00:04:19,079 plan to keep Banks afloat 75 00:04:29,330 --> 00:04:25,430 all right check this out a little chains 76 00:04:32,150 --> 00:04:29,340 of subject because a raft of brown 77 00:04:36,290 --> 00:04:32,160 colored seaweed in the Atlantic Ocean is 78 00:04:38,930 --> 00:04:36,300 so vast it can be seen from space it 79 00:04:41,090 --> 00:04:38,940 spans roughly 5 80 00:04:43,749 --> 00:04:41,100 000 miles about twice the width of the 81 00:04:46,430 --> 00:04:43,759 United States the thick blanket of 82 00:04:48,909 --> 00:04:46,440 sargassum floats between the Gulf of 83 00:04:52,430 --> 00:04:48,919 Mexico and the shores of West Africa 84 00:04:55,129 --> 00:04:52,440 there it can choke corals wreak havoc on 85 00:04:57,550 --> 00:04:55,139 Coastal ecosystems and diminish water 86 00:05:00,590 --> 00:04:57,560 and air quality as it rots 87 00:05:03,350 --> 00:05:00,600 scientists say this Bloom is one of the 88 00:05:05,990 --> 00:05:03,360 largest on record stoking fears of 89 00:05:09,590 --> 00:05:06,000 seaweed invasions of beaches in the 90 00:05:11,810 --> 00:05:09,600 coming weeks and months last summer the 91 00:05:14,210 --> 00:05:11,820 U.S Virgin Islands declared a state of 92 00:05:17,810 --> 00:05:14,220 emergency after unusually high quality 93 00:05:21,469 --> 00:05:17,820 quantities of sargassum caused water 94 00:05:24,050 --> 00:05:21,479 shortages on Saint Croix other impacts 95 00:05:27,770 --> 00:05:24,060 to human health are coming into Focus as 96 00:05:30,469 --> 00:05:27,780 the seaweed rots it releases hydrogen 97 00:05:34,010 --> 00:05:30,479 sulfide which can cause respiratory 98 00:05:37,129 --> 00:05:34,020 problems for tourists and residents 99 00:05:39,550 --> 00:05:37,139 there you go there's a movie 100 00:05:42,830 --> 00:05:39,560 there's a movie here 101 00:05:45,110 --> 00:05:42,840 researchers now say they have created a 102 00:05:47,450 --> 00:05:45,120 super conducting material that works at 103 00:05:49,670 --> 00:05:47,460 both the temperature and pressure low 104 00:05:52,550 --> 00:05:49,680 enough to actually use it in Practical 105 00:05:54,409 --> 00:05:52,560 situations it reaches a breakthrough 106 00:05:56,930 --> 00:05:54,419 that scientists have been chasing for 107 00:05:58,909 --> 00:05:56,940 more than a century in making a material 108 00:06:01,790 --> 00:05:58,919 that is able to transmit electricity 109 00:06:05,210 --> 00:06:01,800 without resistance and pass magnetic 110 00:06:07,790 --> 00:06:05,220 fields around the material now its 111 00:06:10,510 --> 00:06:07,800 Discovery could lead to power grids that 112 00:06:13,730 --> 00:06:10,520 are able to seamlessly transmit energy 113 00:06:16,550 --> 00:06:13,740 saving up to 200 million megawatt hours 114 00:06:18,830 --> 00:06:16,560 that is currently lost to resistance 115 00:06:21,529 --> 00:06:18,840 it could also contribute to nuclear 116 00:06:24,529 --> 00:06:21,539 fusion along the way to process that 117 00:06:27,170 --> 00:06:24,539 could create unlimited power other 118 00:06:28,850 --> 00:06:27,180 applications include high-speed hovering 119 00:06:30,650 --> 00:06:28,860 trains and new kinds of medical 120 00:06:32,930 --> 00:06:30,660 equipment all of this from the 121 00:06:35,330 --> 00:06:32,940 researchers but 122 00:06:38,689 --> 00:06:35,340 for transparency 123 00:06:41,689 --> 00:06:38,699 a team led by the same scientist ranga 124 00:06:43,610 --> 00:06:41,699 Diaz previously reported the creation of 125 00:06:46,129 --> 00:06:43,620 two slightly less breakthrough but 126 00:06:48,890 --> 00:06:46,139 similarly superconducting materials and 127 00:06:52,070 --> 00:06:48,900 papers that were published in nature and 128 00:06:54,529 --> 00:06:52,080 physical review letters the nature paper 129 00:06:56,930 --> 00:06:54,539 was eventually retracted by the 130 00:06:59,629 --> 00:06:56,940 journal's editors amid questions over 131 00:07:02,029 --> 00:06:59,639 the scientist's approach 132 00:07:06,370 --> 00:07:02,039 I will keep you posted 133 00:07:09,830 --> 00:07:06,380 all right on March 1st 2023 134 00:07:14,150 --> 00:07:09,840 NASA's Juno spacecraft flew by Jupiter's 135 00:07:16,850 --> 00:07:14,160 moon IO coming to within 51 500 136 00:07:19,749 --> 00:07:16,860 kilometers that's about 32 000 miles of 137 00:07:22,610 --> 00:07:19,759 the innermost and third largest of four 138 00:07:25,129 --> 00:07:22,620 moons the stunning new images provide 139 00:07:28,129 --> 00:07:25,139 the best and closest view of the most 140 00:07:31,189 --> 00:07:28,139 volcanic moon in our Solar System since 141 00:07:34,730 --> 00:07:31,199 the New Horizons Mission flew past IO 142 00:07:38,210 --> 00:07:34,740 and the Jupiter system back in 2006 on 143 00:07:41,749 --> 00:07:38,220 its way to Pluto in its extended Mission 144 00:07:44,629 --> 00:07:41,759 Juno has now orbited Jupiter 49 times 145 00:07:47,809 --> 00:07:44,639 and it's on course to study several of 146 00:07:51,110 --> 00:07:47,819 Jupiter's moons this latest flyby of 147 00:07:54,050 --> 00:07:51,120 Iowa was the third of nine flybys of the 148 00:07:56,770 --> 00:07:54,060 volcanic moon over the next year with 149 00:08:01,189 --> 00:07:56,780 the first coming back in December of 150 00:08:05,089 --> 00:08:01,199 2022 an upcoming flyby check this out 151 00:08:07,809 --> 00:08:05,099 next year on February 3rd 2024 will come 152 00:08:10,029 --> 00:08:07,819 as close as 153 00:08:12,710 --> 00:08:10,039 930 miles 154 00:08:16,370 --> 00:08:12,720 absolutely incredible 155 00:08:17,629 --> 00:08:16,380 all right now I'm Gonna Leave You with 156 00:08:23,330 --> 00:08:17,639 this 157 00:08:25,790 --> 00:08:23,340 last week on March 7th researchers from 158 00:08:27,830 --> 00:08:25,800 the hillong Xiang fishery Research 159 00:08:30,350 --> 00:08:27,840 Institute in China 160 00:08:34,389 --> 00:08:30,360 announced they have been able to create 161 00:08:38,209 --> 00:08:34,399 and breed carp without any 162 00:08:42,889 --> 00:08:40,269 that's right 163 00:08:47,090 --> 00:08:42,899 boneless fish 164 00:08:51,650 --> 00:08:47,100 unlike the United States in China carp 165 00:08:56,030 --> 00:08:53,750 here in the states we just throw them 166 00:08:59,030 --> 00:08:56,040 back in the water it's a tradition 167 00:09:03,110 --> 00:08:59,040 and it's probably going to stay that way 168 00:09:04,910 --> 00:09:03,120 boneless fish yum 169 00:09:07,730 --> 00:09:04,920 that's it that's all your Fade to Black 170 00:09:09,730 --> 00:09:07,740 breaking news that you need for this 171 00:09:12,829 --> 00:09:09,740 Monday March 13 172 00:09:15,230 --> 00:09:12,839 2023 paid to Black breaking news is 173 00:09:16,370 --> 00:09:15,240 produced by Renee Newman I'm Jimmy 174 00:09:21,480 --> 00:09:16,380 Church