Tuesday, January 3, 2017

60 Minutes "The Rum War"

     The CBS Broadcast on 60 Minutes about "The Rum War" was well balanced and good interviews with both sides of the conflict.  I feel that this was well presented and very informative as to where it started and how vehement that both sides are about who is right.   This is a battle that went to the U.S. Supreme Court in 2009, and has arisen again in the past year as the U.S. - Cuba relations have started to improve.

     This is not a new thing, but rather a source of deep bitterness that goes back the the nationalization of all property in Cuba  in 1959.   The Castro Regime confiscated the properties and assets of both the Bacardi's and the Arechabala families.  It is a battle between two of the giants of the spirits industry, Bacardi and the combination of Pernod Ricard and the Cuban Government.

     If you are interested in seeing the entire segment you can see it at the site below.  If you missed it and you are interested in seeing the issues that surround it, spend 12 minutes and see a well produced and balanced report.

Watch the segment at http://www.cbsnews.com/news/60-minutes-havana-club-rum-cuba-revolution/