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...brands of beer, including Beck's, Labatt, Bass and Löwenbräu. It has expanded rapidly, following a series of rapacious mergers and acquisitions in recent years, most notably its takeover of Budweiser brewer Anheuser-Busch in 2008 - after which InBev became AB InBev. But that move also saddled the company with huge debts that it is still struggling to pay off. Last year, it sold its entertainment business, including six SeaWorld parks and two Busch Gardens parks in the U.S. It has also shed its Irish and Scottish businesses and its Central European operations. (See a TIME...

Author: /time Magazine | Title: Running Dry: Belgium's Looming Beer Crisis | 1/21/2010 | See Source »

...were privatized in the 1990s including airlines and public utilities, and privatized pension-fund assets worth $30 billion. She also led the country to the brink of a civilian uprising over her brash attempt to levy a hefty tax on the country's lucrative soy exports in 2008. The move, announced just prior to the commencement of the yearly harvest, enraged farmers and caused a revolt that enjoyed widespread popular support. Peace was restored only after a cliffhanger congressional vote against the proposed tax in which Vice President Cobos cast the deciding negative vote, saying he believed "national peace...

Author: /time Magazine | Title: Argentina's War of Words at the Top | 1/20/2010 | See Source »

...government's move follows a flurry of renewed interest in the crime in popular culture. In September, a blockbuster film that dramatized the murder, The Case of the Itaewon Homicide, swept South Korea. That same month, a South Korean television crew discovered Patterson was living in Sunnyvale after the U.S. government failed to locate him following a 2005 request for judicial assistance from Seoul. "After we concluded that [the television crew's] finding was true, we decided to reopen the case," says Oh Se In, a Seoul city prosecutor acting as a spokesman for the case. Lee, the other defendant...

Author: /time Magazine | Title: South Korea Reopens the Burger King Murder File | 1/20/2010 | See Source »

...Many think the government made a wise move in reopening the case, and that resolving the Itaewon Burger King murder will help heal old scars between American military bases and the South Korean residents living around them. But Park, the activist, asserts that a new trial will only be the first step in a struggle to revise the treaty that could take decades. "It'll certainly loosen tensions, but only a little bit," Park says. And without a conviction, many South Koreans will continue to harbor anger over what they believe was the great solvable murder that went unsolved...

Author: /time Magazine | Title: South Korea Reopens the Burger King Murder File | 1/20/2010 | See Source »

...trial for accounting irregularities and illegal donations from a large construction company that allegedly wanted to win contracts in areas where Ozawa has political influence. Ozawa bowed to cries for his resignation from within the party just months before August's Lower House elections. That move, however, did not satisfy the prosecutors, an influential group of Japanese officials with the power to investigate any criminal offense. Takao Toshikawa, editor of political newsletter Tokyo Insideline, says that Ozawa and his mentors have been fighting various battles with the office since the late 1970s. "At this moment, the Prosecutors Office and Ozawa...

Author: /time Magazine | Title: New Scandal Hits Japan's Ruling Party | 1/20/2010 | See Source »

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