A woman and two children drowned and 53 people were rescued after a migrant boat sank off the coast of Crete amid high winds on Monday, the Greek coastguard said.
A search operation continued well into the evening.
Authorities said it was unclear whether anyone was still missing because survivors did not give accurate numbers of how many people were on board.
The coastguard was notified on Monday by a person claiming to be a passenger, who said 16 people were on the vessel that sank 19 kilometres east of Crete.
A Greek naval frigate and an air force helicopter took part in the search, along with two coastguard boats and three merchant ships.
It is not known where the boat was coming from, how big it was or to where it was headed.
Greece's Aegean Sea islands are often the destination for thousands of migrants from the Middle East, Africa and Asia who cross from the nearby Turkish coast in hopes of reaching the EU.
But on some occasions, smuggling gangs send yachts south of Crete to head for Italy.
Only last week, the Greek coastguard stopped a sailboat off the coast of Crete carrying dozens of migrants.
Meanwhile, Greek authorities on Monday said they hoped migrants without shelter after fires and unrest in the Moria camp on the island of Lesbos could be rehoused within a week.
The camp was made for 3,100 people but at least 12,000 men, women and children were living there in squalid and unsanitary conditions.
Semi-final fixtures
Portugal v Chile, 7pm, today
Germany v Mexico, 7pm, tomorrow
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The Bio
Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity
Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
The struggle is on for active managers
David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.
The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.
Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.
Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.
Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.
At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn.
