World

Meet the People Capitalizing on the Corona Virus

Published

5 years ago

March 26, 2020

The corona virus has been one of the deadliest epidemics we’ve seen in over a century. Casualty numbers are compounding by the day and people are in absolute hysteria. Jobs and businesses have been halted by the government, leaving many without income. Slowly but surely, in one of the most rapid economic collapses this world has ever seen, people are being stripped of everything including hope.

However,… there are still people out there making a fortune in the process. Many are raking in cash like they have never seen before, and I’m not talking about grocery stores. I’m talking about people investing in real estate.

Recently, the search term “Should I buy a house” has hit an all-time record on Google.

According to Zumbly, real estate buyers are benefitting from this tremendously. And when I say tremendously, I mean insanely so. Zumbly- whose platform helps you find the best ROI-yielding properties instantly is helping its users make the most of the current situation.

Founded by Jeb Carty and Joel Glenny. Zumbly isn’t just here to help the wealthy or deep-pocketed cash buyers. Zumbly can help anyone who is interested in buying a home.

According to Founder, Jeb Carty, “The best way to make money in real estate is to simply not pay that much for it. There are many people who are leveraged and unsure of the upcoming economy who will become scared and sell as a result. Or they simply need to sell. The result is that the US housing market is about to be flooded with homes for sale, and prices are going to plummet.”

Zumbly helps it users find the best deals instantly. The platform has several unique options, all of which take into account an entire market, weighing tens of thousands of properties against one another. With features like finding “motivated sellers,’’ locating the least expensive price-per-square foot properties that can make 3x the amount of money on Airbnb than a traditional lease, the guess work is eliminated.

No longer do you need tons of experience in the field to find the best deals. Zumbly enables the most novice homebuyers to buy like professionals.

Carty also elaborates “Our users have been waiting for an economic downturn for a while. The prices were just too high. Even Warren Buffet was waiting for a time when prices weren’t so high. Above all of this, mortgage rates have continued to drop. There has not been a better time to buy in the past 12 years. “

World

Turkish Textile Giant Sun Textile Solution Proposal for Drought

Published

2 months ago

February 4, 2025

Jenny Jackson

While the World Health Organization (WHO) and the United Nations (UN) are seeking solutions to combat drought through various projects, Ekoten Textile, a subsidiary of Turkey’s textile giant Sun Textile, has developed a groundbreaking project in collaboration with a technology startup to minimize the intensive water consumption in the textile industry. This pioneering project, the first of its kind globally, will enable the recycling and reuse of up to 90% of the water used in textile production.

Drought is one of the most pressing issues facing the world today. According to WHO data, 40% of the global population is struggling with water scarcity. By 2030, up to 700 million people could be forced to migrate due to drought. The unconscious use of water in global production processes plays a significant role in the rapid depletion of clean water resources.

The textile industry is one of the sectors with the highest water consumption. In Turkey, while the food industry consumes 22% of the water used for industrial purposes, the textile sector follows closely with 18%. For instance, producing an average of 40 tons of products daily requires 2,500 tons of water, equivalent to the daily water consumption of approximately 10,000 people.

CLEAN WATER RESOURCES FOR HUNDREDS OF THOUSANDS OF PEOPLE EVERY DAY!

In textile production, where clean water resources are heavily consumed, the innovative success of the Turkish company stands out as a global best practice. This initiative will shape the future of the industry. The wastewater recycling project, developed through intensive R&D efforts, will ensure that over 90% of the required water is sourced from recycled supplies.

The reuse of wastewater in production will transform the fate of countries operating in the textile sector. By preventing the use of clean water resources for textile production, this project will free up clean water sources that can meet the daily needs of hundreds of thousands of people.

R&D ACTIVITIES IN 38 COUNTRIES WITH 380 PARTNERS!

Sun Textile places great emphasis on R&D activities, conducting research and development efforts with 380 partners across 38 countries. Sun Textile and its subsidiary Ekoten Textile export nearly 90% of their production, solidifying their identity as a leading exporter. The company ships products to numerous destinations worldwide, including European countries, the UK, and the US. Sun Textile, the leading ready-to-wear exporter in the Aegean Region, achieved a consolidated turnover of 250 million euros in the third quarter of 2024, continuing its active growth trajectory.

OFFERING CUSTOM DESIGNS TO CUSTOMERS

Sun Textile provides its own designed collections to leading brands in Europe and the UK. Ekoten Textile, its subsidiary, is among the most respected knitted fabric manufacturers in Turkey and Europe.

With a dedicated sales team for each major customer group and five design offices in three different countries, Sun Textile creates designs tailored to its customers’ needs. Its largest clients include the Inditex Group, H&M, Jimmy Key, Tesco, Kiabi, Marks & Spencer, and Next.

Sun Textile also extends its sustainability approach to social responsibility, notably for its high ratio of female employees. The company, which went public in 2022, is also listed in dividend indexes.