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...wenbräu. 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 video on the beer-biking craze in Amsterdam...

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

...20th century, it consisted of two forts, a grand plaza, countless mansions and a population of 37,000. But with the end of colonialism in 1975, Ibo was forgotten. Today, just 3,500 people live in and around the crumbling colonnades and red-tiled townhouses whose gardens still overflow with frangipanis, bougainvilleas and Indian almonds imported by the island's opulent forebears. And somehow, despite being considered for U.N. World Heritage status, Ibo has been barely rediscovered. There are just three small hotels: Miti Miwire (from $50 a night), Cinco Portas Pensão (from $100) and Ibo Island Lodge...

Author: /time Magazine | Title: Next Time You're in ... Mozambique | 1/20/2010 | See Source »

...Still, others contend the SOFA treaty does not hinder investigations to the extent antimilitary activists and the South Korean media claim. "We've always had jurisdiction over these kinds of crimes when the victim is Korean," says Oh, the prosecution's spokesman. "We've only had a few restrictions on procedural matters, which is not a big deal." Indeed, supporters point out that the terms of the treaty are far more favorable to South Korea than, for example, the terms of a similar treaty Japan signed with the U.S. in 1960. In that country, the U.S. military can hold suspected...

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

...However it unfolds, the imbroglio doesn't bode well for the DPJ - or for Hatoyama. Still building public confidence in his fifth month in office, Hatoyama is in the throes of trying to pass the second supplementary budget for the current year by the end of January, and the 2010 budget by the end of March. "[Ozawa's] situation highlights Hatoyama's judgment," says Dujarric. "A lot of criticism has said that he's too indecisive. At first he supported Ozawa and then vaguely backtracked. That doesn't make Hatoyama look good...

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

...Kyodo News poll. Last month, news broke that contributions from Hatoyama's mother were recorded as political funds coming from other donors - some of whom were dead. Hatoyama has promised to pay hundreds of millions of yen in tax on that sum, but the damage control has been slow. Still, according to a recent survey in the Yomiuri Shimbun newspaper, the DPJ's approval rating is still 23 points higher than that of the LDP. But cries for Ozawa's resignation grow louder as each day moves the ruling party closer to July's election...

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

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