McDonald’s exits Russia in response to invasion of Ukraine

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South China Morning Post published this video item, entitled “McDonald’s exits Russia in response to invasion of Ukraine” – below is their description.

The American fast-food giant McDonald’s announced on May 16, 2022 that it would sell its 850 restaurants in Russia and exit the market entirely. The global brand opened in Russia in 1990, but now joins a growing list of global brands to pull out of Russia since its invasion of Ukraine in February 2022.

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McDonald’s to exit Russia, selling business in country https://sc.mp/4jz0

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About This Source - South China Morning Post

The South China Morning Post (SCMP), with its Sunday edition, the Sunday Morning Post, is a Hong Kong-based English-language newspaper founded in 1903. It is Hong Kong’s newspaper of record, owned by Alibaba Group.

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In This Story: Russia

Russia, or the Russian Federation, is a transcontinental country located in Eastern Europe and Northern Asia. It extends from the Baltic Sea in the west to the Pacific Ocean in the east, and from the Arctic Ocean in the north to the Black Sea and the Caspian Sea in the south.

Russia spans more than one-eighth of the Earth’s inhabited land area, stretching eleven time zones, and bordering 16 sovereign nations. Moscow is the country’s capital.

The Soviet Union was dissolved in 1991 and since 1993 Russia been governed as a federal semi-presidential republic. Russia is a major great power, with the world’s second-most powerful military, and the fourth-highest military expenditure. As a recognised nuclear-weapon state, the country possesses the world’s largest stockpile of nuclear weapons.

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