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One rescue student said he heard a loud bump and then the ship starteded to list. he said everyone was ordered to put on life jackets and jump. one student said he fears some of his classmates might still be aboard that ship. translator: some of the students weren t able to jump. i m so worried about the other students in our room. the ferry left from the port city of inchon. water temperatures are in the 40s. paula chu has more for you. reporter: a desperate rescue after a crowded passenger ferry suddenly began sinking off the coast of south korea. more than 450 people were aboard the ferry, 325 of them high ....
Closer look at who was inside the cockpit of vanished plight 370, family members of those onboard cling to hope and anxiously wait for wore of loved ones. i think we can t help but put ourselves in their shoes and think how are they coping with this. so many of them now, too, are really angry with malaysia airlines. saying they are not providing them enough support. paula chu joining us live from beijing. thank you for being with us. have family reacted to the press conference that happened earlier this morning with the malaysian defense minister? reporter: they have, in fact. i was texting with two different family members as they were watching that press conference live on television. it just ended a half an hour ago. and one of the bullet points that came out from that news conference was that one of the satellite signals that had contact with the plane may have shown that the plane was actually on the ground. for the family members here ....
confirmed that it got will back $8 billion. they also say it s retaliation for pakistan s expulsion of u.s. military advisers. we re going to be getting an update on debt ceiling negotiations in the u.s. when president barack obama holds a news conference in just a few hours. he plans to meet with the republican and democratic leaders again on monday to try to come up with a deficit reduction deal. those are the headlines. this is cnn in london. world business today starts right now. hello, welcome to world business today. i m charles hodson in london. and i m paula chu in hong kong. news of the world is climbing the corporate ladder with reports that rebeba brooks is set to speak to police. companies and consumers cry foul as australia s prime minister imposes a tax on the country s worst polluters. they re trying to keep greece on tack. their grossing fears of the debt contagion is affecting italy. before all of that, let s take you to the stock mark ....
doing enough to protect cities like misrata. they say it s been hard to do air strikes. officials of the japanese oil company tepco say they have stopped the leakage of high rates of radioactive water at the daiichi facility. they say the so-called liquid gas they injected into the seaside pit stopped the outlowe. he is accused of paying for sex with a 17-year-old belly dancer. the scandal-ridden leader denies the charges. those are the headlines. i m zain verjee at cnn in london. world business today starts now. captions by vitac www.vitac.com good morning from cnn london. i m pauline chu and this is world business today. the top stories on wednesday, april 6th. deadlocked, democrats and republicans continue to tussle over spending cuts. toyota is in even more trouble. its japanese plant stays shut as moody s weighs a downgrade. and boeing admits it made a miscalculation. they say the planemaker s 737 should be inspected every 30,000 flights. but ....
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