McDonald’s, Coca-Cola and Starbucks leave Russia

McDonald’s, Coca-Cola and Starbucks have stopped their activities in Russia because of the war in Ukraine. About 250 foreign companies have already done the same. A strong signal from these multinationals. “The list of hundreds of international or American companies leaving Russia grows every hour. In recent days, it was Apple that decided to suspend the sale of all its products“, reports journalist Loïc de La Mornais, live from Washington (United States) for the 8 Hours of France 2, Wednesday March 9.

McDonald’s has decided to temporarily close all of its restaurants, although the company will continue to pay its 60,000 employees in Russia. “These companies do it primarily because there is pressure from the media and social networks, for human rights reasons, for humanitarian reasons, and also because they are quite simply afraid of sanctions, since they will be hit with sanctions if legally they continue to trade with Russia“, specifies the journalist. However, economists believe that this measure will not be the one that will have the greatest impact on the Russian economy. “First is the fact that almost 300 billion dollars of Russian reserves were abroad, and they were frozen“, indicates Loïc de La Mornais, who also raises another difficulty: the embargo on imports of Russian oil and gas decided by the United States.