Kentucky governor downplays effect of EU tariffs on bourbon

In comments at odds with his home state's whiskey distillers, Kentucky's Republican governor is downplaying fears that the European Union's retaliatory tariffs could disrupt the booming market for the Bluegrass state's iconic bourbon industry. "There's always the potential for some type of impact, but I don't think it will be a tremendous impact," Gov. Matt Bevin said when asked about tariffs during a TV interview this week with Bloomberg.

Donald Trump hints at lifting sanctions against Russia

President-elect also said that Beijing should show faith in trade practices for him to commit to 'One China' policy Washington: US President-elect Donald Trump has hinted at lifting sanctions against Russia and said he was not committed to the longstanding 'One-China' policy. The incoming President, who is scheduled to take office on January 20, suggested he would be open to lifting sanctions against Russia if Moscow proved helpful in battling terrorists and reaching other goals important to the US.

Kentucky’s Public Pension Faces Insolvency With Biggest Shortfall in US

Kentucky is the home of thoroughbred horse racing, well-regarded bourbon and politicians fighting over some of the most vexing problems facing U.S. public pensions. Democratic House Speaker Greg Stumbo called 100 adjourned members of the state House of Representatives back to Frankfort on Tuesday to discuss pension investment losses, more than $171 million of fees paid to money managers and potentially budget-decimating shortfalls.

Tiny US territories use conventions to highlight culture

The area with the highest per capita rate of members serving in the armed forces can't vote in the presidential election. That distinction belongs to American Samoa, one of seven U.S. territories represented at the Democratic National Convention that can cast ballots in the primary but not in November.