In a $16 billion deal this week, Japanese beverage giant Suntory announced it plans to purchase Beam Inc., the maker of Jim Beam bourbon and the owner of other popular bourbon brands like Maker's Mark.
Those and most other bourbons are made in Kentucky, and the deal has some hoping the drink's growth in the global market won't come at the expense of its uniquely Kentucky heritage.
Originally published on Tue December 31, 2013 6:31 pm
By Lucy Craft
A November demonstration against Japanese Prime Minister Shinzo Abe's Designated Secrets Bill drew thousands of protesters. The Japanese Parliament has since passed the law, under which people convicted of leaking classified information will face five to 10 years in prison.
Credit Franck Robichon / European Pressphoto Agency/Landov
China has been building up its military strength for some time now, and pushing ever farther from its coastline and into international waters. The real concern now is for miscalculation — particularly with Japan — that ends up in gunfire.
Just six months ago, the Pentagon released its annual report on China's military. Its defense budget was growing. The country was building more stealthy aircraft and submarines. It even bought an aircraft carrier from the Ukraine.
Pentagon official David Helvey highlighted particular areas of concern.