JIANLI, China // The death toll from a Chinese cruise ship which capsized during a storm in the Yangtze river jumped to 396 on Saturday, leaving fewer than 50 still missing, as the boat operator apologised and said it would cooperate with investigations.
Only 14 survivors, one of them the captain, have been found after the ship carrying 456 overturned in a freak tornado on Monday night.
Rescuers are searching the cabins of the four-level ship, which was righted and raised on Friday, looking for more bodies.
Workers clad in protective gear and wearing masks prized open doors with crowbars and used axes to clear away debris from the ship, which is being held up by cranes and wires attached to barges.
Jiang Zhao, general manager of the company which operated the Eastern Star, bowed in apology for the disaster during an interview with state media, saying they would cooperate fully with the investigation.
“From the very moment this happened I have been immersed in sorrow,” Mr Jiang said.
Beijing has pledged there would be “no cover-up” in the probe.
Police have detained the captain and chief engineer for questioning. An initial probe found the ship was not overloaded and had enough life vests on board.
The disaster is China’s worst shipping catastrophe in seven decades.
More than 1,400 family members have come to Jianli in the central province of Hubei, where the ship went down, with many expressing frustration at the lack of information from the government.
The government says that it is doing everything possible to help the relatives, including providing free accommodation and medical services, and on Saturday state television ran an interview with a tearful family member saying how happy she was with all their help.
Peng Jun, head of Hubei province’s civil affairs bureau, told reporters the treatment of the families was “meticulous”.
But other relatives have expressed concern about security apparently being aimed at them, including the number of police cars parked outside of hotels where they are staying.
On Saturday morning, a daily briefing for family members was cut short after an argument broke out with a representative of the local government. One woman was carried out after she fainted.
“There is no information at all. Everyday we’re here procrastinating, wasting time. There’s no clear-cut answers, there’s no progress to inform us of,” said Wang Shuang, 24, whose mother and uncle were on the boat.
The government is bringing in equipment to store the bodies, many of which are in an advanced state of decomposition, as well as DNA experts to help with identification.
In a sign of respect for the victims, state television will suspend certain programmes and advertisements that “highlight celebrations” for the next three days, the state news agency Xinhua said.
* Reuters
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
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UAE currency: the story behind the money in your pockets
What is an ETF?
An exchange traded fund is a type of investment fund that can be traded quickly and easily, just like stocks and shares. They come with no upfront costs aside from your brokerage's dealing charges and annual fees, which are far lower than on traditional mutual investment funds. Charges are as low as 0.03 per cent on one of the very cheapest (and most popular), Vanguard S&P 500 ETF, with the maximum around 0.75 per cent.
There is no fund manager deciding which stocks and other assets to invest in, instead they passively track their chosen index, country, region or commodity, regardless of whether it goes up or down.
The first ETF was launched as recently as 1993, but the sector boasted $5.78 billion in assets under management at the end of September as inflows hit record highs, according to the latest figures from ETFGI, a leading independent research and consultancy firm.
There are thousands to choose from, with the five largest providers BlackRock’s iShares, Vanguard, State Street Global Advisers, Deutsche Bank X-trackers and Invesco PowerShares.
While the best-known track major indices such as MSCI World, the S&P 500 and FTSE 100, you can also invest in specific countries or regions, large, medium or small companies, government bonds, gold, crude oil, cocoa, water, carbon, cattle, corn futures, currency shifts or even a stock market crash.
Second Test
In Dubai
Pakistan 418-5 (declared)
New Zealand 90 and 131-2 (follow on)
Day 3: New Zealand trail by 197 runs with 8 wickets remaining
Match info
Arsenal 0
Manchester City 2
Sterling (14'), Bernardo Silva (64')
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UAE currency: the story behind the money in your pockets
About Krews
Founder: Ahmed Al Qubaisi
Based: Abu Dhabi
Founded: January 2019
Number of employees: 10
Sector: Technology/Social media
Funding to date: Estimated $300,000 from Hub71 in-kind support
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Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
Fitness problems in men's tennis
Andy Murray - hip
Novak Djokovic - elbow
Roger Federer - back
Stan Wawrinka - knee
Kei Nishikori - wrist
Marin Cilic - adductor
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Joker: Folie a Deux
Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson
Director: Todd Phillips
Rating: 2/5
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding