THE U.S. SENATE REPORT ON TORTURE: Curative international marketing is a remedy

The U.S. Senate report on the treatment of Islamic extremist captives has dealt a major blow to the reputation of American exceptionalism. “Curative International Marketing” can help restore the brand equity loss of the United States. Read more [...]

ANTI-CORRUPTION WAR: WESTERN WAYS DOOMED TO FAIL IN DEVELOPING NATIONS

In November of this year, leaders of the Group of Twenty (G20) vowed to implement an anti-corruption action plan. Although the proposed strategies might improve the situation for G20 member states, using the same toolkit will not work in the developing world. One needs to take into account culture, traditions and historical circumstances, when crafting anti-corruption strategies for the developing world. Read more [...]

Turkey’s Garanti signs trade loan

Turkey’s Garanti Bank has signed a US$1.3bn one-year trade finance loan agreement syndicated amongst a total of 39 banks from 18 countries, GTR can confirm. Bank of America Merrill Lynch (BofAml) participates as co-ordinating bank under the facility, while Sumitomo Mitsui Banking Corporation (SMBC) acts as facility agent. The loan is comprised of two tranches, amounting to €785mn and €318.75mn each. GTR can confirm that banks achieved pricing of Euribor plus 0.90% and Libor plus 0.90% Read more [...]