An earthquake victim stands near damaged houses in an earthquake-stricken town in Iran.
An earthquake victim stands near damaged houses in an earthquake-stricken town in Iran.

Two found alive three days after Iran quakes



TEHRAN // Two people were pulled out alive from rubble yesterday, three days after weekend quakes levelled villages in north-western Iran and well after authorities halted rescue operations.

The two were plucked from the smashed remains of their home after being detected by search dogs, state television and the official IRNA news agency reported.

The pair, both in good health, were saved in a village near the town of Varzaqan, north-east of the city of Tabriz.

The hamlet was one of hundreds flattened by Saturday's twin quakes, measuring 6.4 and 6.3 on the moment magnitude scale, which killed 306 people and injured 3,000, according to an official toll.

The pair were rescued two days after Moustafa Mohammad Najjar, the interior minister, and his aide in charge of disaster management, Hossein Ghadami, declared a halt to rescue operations.

The officials had said there were no more survivors to be found.

Separately, the Fars news agency reported that an unspecified number of bodies were recovered yesterday, including that of a 27-year-old woman in the village.

Another report, by Iran's Labour news agency, said hundreds of villages had suffered severe damage, raising fears that the number of dead could mount sharply as rescuers reach previously inaccessible areas.

However, officials dismissed the idea that the number of fatalities could rise significantly, and said the eventual figure might be lower than current estimates.

"Many figures are based on speculation and have not been documented," said Behram Samadi Rad, a provincial coroner. "We cannot give a precise figure for the number of dead but we believe it will be under 300."

In Tehran, Karaj and Qom, thousands visited clinics late into the night to donate blood, Press TV reported, including Iran's Olympic gold medal-winning weightlifter, Behdad Salimi.

"I truly feel terrible for the people of East Azerbaijan. I want to do what I can to help them. The most important thing is to donate blood because of the shortage," Salimi said.

Some officials and members of the Iranian public have criticised the official response to the earthquake, while others praised the rapid response of emergency services.

Iran's government and the Red Crescent initially rejected offers for international help, but yesterday the government changed its stance and said it would now welcome foreign aid - an indication that authorities are struggling to cope with the aftermath.

"The European Commission is therefore reviewing how it could provide support, notably to the Iranian Red Crescent Society, which is working in the disaster area," said David Sharrock, spokesman for the EU's humanitarian aid and crisis response commission.

It was not immediately clear what such aid could entail. But in past natural disasters, the EU and member states have provided search-and-rescue teams, equipment for detecting people trapped in rubble, field hospitals and other medical assistance, as well as food, clean water and shelter.

Qatar has sent a Boeing 747 plane carrying 80 tonnes of food, warm clothes, blankets and tents to the area.

Iran's ambassador in Doha, Abdollah Sohrabi, said Qatar had also ordered a medical team consisting of 40 doctors and nurses to be sent to Iran, but that Iran's Red Crescent rejected the offer, saying it had enough medical help on the ground.

Yesterday, a sharp aftershock registering 5.3 on the Richter scale rocked rural areas around Tabriz, Iranian scientists said. The aftershock was powerful enough to spark panic in Tabriz, with staff streaming out of offices, the Fars news agency reported.

* With additional reporting by Reuters

The National's picks

4.35pm: Tilal Al Khalediah
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7pm: Flood Zone
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Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.

A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).

Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.

Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”

Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”

Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”

By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.

You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.

You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.

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Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

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Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

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Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

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U19 World Cup in South Africa

Group A: India, Japan, New Zealand, Sri Lanka

Group B: Australia, England, Nigeria, West Indies

Group C: Bangladesh, Pakistan, Scotland, Zimbabwe

Group D: Afghanistan, Canada, South Africa, UAE

UAE fixtures

Saturday, January 18, v Canada

Wednesday, January 22, v Afghanistan

Saturday, January 25, v South Africa

UAE squad

Aryan Lakra (captain), Vriitya Aravind, Deshan Chethyia, Mohammed Farazuddin, Jonathan Figy, Osama Hassan, Karthik Meiyappan, Rishabh Mukherjee, Ali Naseer, Wasi Shah, Alishan Sharafu, Sanchit Sharma, Kai Smith, Akasha Tahir, Ansh Tandon

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