CNBC: Iconic U.S. brands Coca-Cola, Pepsi, McDonald’s and Starbucks suspend business in Russia
* PepsiCo, Coca-Cola, McDonald’s and Starbucks each said Tuesday they are suspending business in Russia after that country’s invasion of Ukraine.
* It’s a symbolic move by the iconic U.S. brands, some of which have been operating in the country since it was part of the Soviet Union.
* In recent days, all four companies have drawn criticism for continuing to operate in Russia while other U.S. companies announced business suspensions.
PepsiCo, Coca-Cola, McDonald’s and Starbucks each said Tuesday they are suspending business in Russia after that country’s invasion of Ukraine, a symbolic move by four iconic U.S. brands.
Pepsi has sold it products in Russia for more than six decades, even when the company had to trade its soda concentrate for Stolichnaya vodka and warships.
McDonald’s opened its first location beyond the Iron Curtain in Moscow, just months before the Soviet Union collapsed.
In recent days, Pepsi, Coke, McDonald’s and Starbucks have drawn criticism for continuing to operate in Russia while other U.S. companies announced suspensions and paused sales.
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WNU Editor: The operative word in all of these suspensions and closures is "temporary".
Coca-Cola, Pepsi, McDonald’s And Starbucks Suspend Operations In Russia
McDonald’s, Starbucks and Coca-Cola leave Russia -- CNN
McDonald's, Starbucks, Coca-Cola join corporate America’s exit from Russia -- Yahoo News
Starbucks, Coca-Cola, PepsiCo suspend operations in Russia; Amazon suspends web services sign-ups -- FOX News
5 comments:
Please move out of North America with your junks, too many obese people and diabetics.
I am not sure how wise these actions are. The war could be over in a week or two with an negotiated settlement. Some companies will not get back their market share, if they suspend operations. Some companies will have zero market share in Russia, I suspect that Mastercard to be one of those.
To lose multinationals is to lose influence. Consider South Africa. Was it the Sullivan Principles, boycott, or a mix that broke up apartheid?
Win, lose, or draw Putin is gone in 5 or 10 years. He has 5 good years and maybe 5 more good years after that.
Companies and their employees that have good business practices can be god ambassadors. Not having operations in a country means that are that many fewer chances to make good continual impressions.
Above, this is about 5th gen warfare where the US and EU population is weaponized/ programmed to flood companies with their virtue signaling demands
BLM, Floyd and covid were the primers and test runs on near global scale to optimise both force and force escape vectors for the mass formation hypnosis engine
It's live now.
So now a No-Fry Zone has been implemented.
The intolerance of the Left is becoming more and more powerful and insistent. Cancel culture, empowered by the Internet, will ultimately bring ruin to the entire world.
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