Post by account_disabled on Feb 27, 2024 2:04:12 GMT -5
With a recent figure of 27,000 casualties of the Russian army, the war in Ukraine continues almost three months after starting, without any nation or institution having been able to stop this attack on sovereignty and global coexistence. Faced with this, many companies have taken restrictive measures against the country of the Kremlin, in the most recent one, hamburgers are the protagonists as McDonald's leaves Russia.
Since the beginning of the conflict, some companies have demonstrated their position in the face of war intentions, imposing "punishments" or withdrawing their investments and branches in the nation led by Vladimir Putin, and although commercial pressure has not counteracted the advance, one thing is certain: it has demonstrated that Corporate Social Responsibility must be an action, not just a speech.
An army that raises its voice
Days after the Russian military invasion of Ukraine Chinese American Phone Number List was announced, as reported by El Confidencial , several corporations decided to "leave" and even cancel their commercial agreements with the industry of the attacking State. On the part of the financial sector, which decided to affect Russian banks, access to SWIFT, the most important international operations and transfer system, was limited.
The above caused large losses to the ruble, placing it at historical lows, falling "up to 10%, to 118.35 per dollar", causing the country's central bank to have to carry out capital controls and even suspend or close investment markets. and bonuses.
The first company to break with Russia was British Petroleum (BP), which divested its stake in Rosneft—a government fossil fuel company—with which it had worked for almost 24 years. BP's exit from this relationship was valued at around 12.5 billion euros.
mcdonalds leaves russia ukraine
It was joined by other industry majors such as Shell, which broke with the parastatal Gazprom; Equinotor, which abandoned all the projects it financed for Moscow (with an amount of 1.2 billion euros); and OVM, which refrained from purchasing a quarter of the Achimov gas initiative.
Following the energy giants, other groups enlisted to pressure Putin's government to abandon its war. Apple, Netflix, Ikea, Inditex, Mango, Microsoft, PayPal and Google also got ready to complete their relationships and investments. Among them, as expected, was the emblematic—and very North American—food chain, McDonald's.
Ronald's jobs: McDonald's leaves Russia
The history of McDonald's in Russia dates back to the Montreal Olympic Games in 1976, as mentioned by the company's CEO, Chris Kempczynski, when the Russian Olympic team used a bus from the hamburger franchise, which represented the beginning of the denials that, after 14 years, in 1990 allowed fast food to reach that winter soil.
The establishment of McDonald's in Pushkin Square was a success. Back then, hundreds of people cheapened out so they could have a “Big Mac,” but as Darra Goldstein , Willcox B. and Harriet M. Adsit Professor Emerita of Russian at Williams College, points out, this was more than just buying groceries. , represented the opening of Russia to the Western world.
It was the most prominent example of glasnost in action, Soviet Union President Mikhail Gorbechev's attempt to open his ruined country to international relations.
Darra Goldstein Willcox B. and Harriet M. Adsit Professor Emerita of Russian at Williams College.
mcdonalds leaves russia hamburger
After this, the branches became 850 and more than 60 thousand employees, who recently with the announcement that McDonald's is leaving Russia, will undergo a transformation. This occurs within the framework of a complex operation, in which the transnational "will record a cancellation of $1.2 billion to $1.4 billion and will recognize losses due to foreign currency conversion.
Since the beginning of the conflict, some companies have demonstrated their position in the face of war intentions, imposing "punishments" or withdrawing their investments and branches in the nation led by Vladimir Putin, and although commercial pressure has not counteracted the advance, one thing is certain: it has demonstrated that Corporate Social Responsibility must be an action, not just a speech.
An army that raises its voice
Days after the Russian military invasion of Ukraine Chinese American Phone Number List was announced, as reported by El Confidencial , several corporations decided to "leave" and even cancel their commercial agreements with the industry of the attacking State. On the part of the financial sector, which decided to affect Russian banks, access to SWIFT, the most important international operations and transfer system, was limited.
The above caused large losses to the ruble, placing it at historical lows, falling "up to 10%, to 118.35 per dollar", causing the country's central bank to have to carry out capital controls and even suspend or close investment markets. and bonuses.
The first company to break with Russia was British Petroleum (BP), which divested its stake in Rosneft—a government fossil fuel company—with which it had worked for almost 24 years. BP's exit from this relationship was valued at around 12.5 billion euros.
mcdonalds leaves russia ukraine
It was joined by other industry majors such as Shell, which broke with the parastatal Gazprom; Equinotor, which abandoned all the projects it financed for Moscow (with an amount of 1.2 billion euros); and OVM, which refrained from purchasing a quarter of the Achimov gas initiative.
Following the energy giants, other groups enlisted to pressure Putin's government to abandon its war. Apple, Netflix, Ikea, Inditex, Mango, Microsoft, PayPal and Google also got ready to complete their relationships and investments. Among them, as expected, was the emblematic—and very North American—food chain, McDonald's.
Ronald's jobs: McDonald's leaves Russia
The history of McDonald's in Russia dates back to the Montreal Olympic Games in 1976, as mentioned by the company's CEO, Chris Kempczynski, when the Russian Olympic team used a bus from the hamburger franchise, which represented the beginning of the denials that, after 14 years, in 1990 allowed fast food to reach that winter soil.
The establishment of McDonald's in Pushkin Square was a success. Back then, hundreds of people cheapened out so they could have a “Big Mac,” but as Darra Goldstein , Willcox B. and Harriet M. Adsit Professor Emerita of Russian at Williams College, points out, this was more than just buying groceries. , represented the opening of Russia to the Western world.
It was the most prominent example of glasnost in action, Soviet Union President Mikhail Gorbechev's attempt to open his ruined country to international relations.
Darra Goldstein Willcox B. and Harriet M. Adsit Professor Emerita of Russian at Williams College.
mcdonalds leaves russia hamburger
After this, the branches became 850 and more than 60 thousand employees, who recently with the announcement that McDonald's is leaving Russia, will undergo a transformation. This occurs within the framework of a complex operation, in which the transnational "will record a cancellation of $1.2 billion to $1.4 billion and will recognize losses due to foreign currency conversion.