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Amazon Launches in Turkey

ISTANBUL (Reuters) - Amazon.com Inc said on Wednesday it had launched activities in Turkey, offering products across 15 categories to customers across the country. “We are committed to building our business in Turkey in the coming months by expanding our selection and delivery options,” Sam Nicols, country manager for Amazon.com.tr said in a written statement.

Goldman Fund Buys Turkey, Argentina Debt, Says Rout Overdone

Goldman Sachs Asset Management is buying Turkish and Argentinian government debt as it bets on the worst-performing emerging markets to offer some of the more profitable bond trades this year. The money manager has taken an overweight position in the two nations’ dollar bonds, according to Philip Moffitt, Asia-Pacific head of fixed income at Goldman Sachs Asset Management. The rationale: these notes have been “decimated” by investors fleeing a rout in emerging markets even though the two nations’ finances remain robust.

  • Published in Turkey

Devastating Monsoon Flood Emergency in Kerala

India is currently experiencing its largest flood and landslide in more than a century. In the past two weeks, over 400 deaths have been reported, dozens are missing, and an unthinkable 1.8 million people remain displaced and seeking shelter in relief camps. Please donate now. Torrential monsoon rains in Kerala, a southwestern region of India, began in early May 2018 and became incessant starting August 8th, 2018. The state of Kerala has witnessed dozens of landslides over the past few weeks. Nearly 6,000 relief camps are filling with displaced people, after many were  stranded on rooftops awaiting helicopter or boat rescue.

  • Published in World
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