McDonald's, Coca-Cola and Starbucks shut down in Russia as iron curtain returns
2 years, 9 months ago

McDonald's, Coca-Cola and Starbucks shut down in Russia as iron curtain returns

The Telegraph  

McDonald’s, PepsiCo, Coca-Cola and Starbucks are all shutting operations in Russia as a new iron curtain descends between Moscow and the West. It comes after Britain, the US and the European Union set out plans to ditch Russian oil and gas in a move which President Joe Biden said was aimed at "targeting the main artery of Russia's economy". McDonald's employs 62,000 people in Russia, works with hundreds of local suppliers and serves millions of customers every day. However, Mr Kempczinski said it was a case of "doing the right thing", and so McDonald's was pausing all operations in Russia. "In isolation, it wouldn't necessarily be the end of the world, but we saw how popular McDonald's was in the UK when Covid controls ended, and I'd imagine it was the same in Russia.

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