Turkey | Ever wondered why Diageo in recent years has downplayed its costly 2011 acquisition of Turkey’s raki producer Mey Icki, with its famous Yeni Raki brand? Only two years later, following the introduction of stiff advertising and sales restrictions, Diageo’s return-on-investment projections on the Mey Icki deal were in tatters. Given the political and economic climate, it is also unlikely that Diageo will ever be able to use its Turkish purchase as a platform to push its other spirits into the market.

Turkey | Turkey’s tipplers are a hardened lot. Despite half-yearly tax hikes, beer consumption was up in the low-to-mid-single digits in 2018, according to estimates by Turkish brewer Anadolu Efes.

Russia | The Russian brewer Baltika, which is owned by Carlsberg, estimates that after eleven years of steady declines, the beer market grew 3 percent in 2018. In the previous year, beer consumption dropped between 4 percent and 5 percent.

Austria | The IBD is honoured to have Prof Bamforth deliver the Horace Brown Award Lecture in Vienna. The date is 16 April 2019. The lecture will take place at the Ottakringer Brewery, to be followed by a brewery tour and some serious socialising.

United Kingdom | Asahi’s decision to invest GBP 250 million in the UK brewer Fuller’s runs counter to the trend among some other Japanese companies like Panasonic or Toyota. This past October, Panasonic shifted its headquarters from London to Amsterdam, while Toyota threatened to halt production at its two UK plants if the country crashes out of the European Union without a deal.

United Kingdom | History is repeating itself. Thirty years after Mrs Thatcher’s Beer Orders, which forced integrated brewers to separate their beer and pub businesses, London’s family-owned brewer and pub operator Fuller’s, which is best known for its London Pride ale, is following in its peers’ footsteps. Like Bass and Whitbread before, Fuller’s decided to sell its beer business while keeping its 400 strong pub estate.

United Kingdom | As Mrs May’s Brexit agreement was crushed in the Commons on 15 January 2019, many, including Scottish brewer BrewDog, are worrying that the UK could quit the EU on 29 March 219 with no transition plan in place.

France | The world’s number two drinks group, Pernod Ricard, is preparing for battle against the US investment fund, Elliott Management Corporation. Having gradually built up a stake of 2.5 percent – that’s a ticket of USD 1 billion – in Pernod Ricard, the activist investor launched its attack on 12 December 2018, calling Pernod Ricard’s governance “inadequate” and performance “inferior” to competitors such as Diageo.

Israel | Three 13,000-year-old stone mortars found in a cave near Haifa may be the earliest known physical evidence of an ancient beermaking operation. But it does not mean that present-day Israel has a beer culture. Average beer consumption has hovered around 14 litres for many years.

Israel | The Israeli-Palestinian conflict is one of the world’s ongoing tragedies. Over the past two years, the southern border area between Israel and Gaza has become a new conflict zone.