Russia-Ukraine Invasion
Russia-Ukraine Invasion
Out of context: Reply #538
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- PonyBoy4
McDonald's is shutting down in Russia (temporary move)... that equates to about 9% of their total world revenue (80+% of the stores in Russia / Ukraine are Corpo owned)... huge move for any company given the size of their worldwide losses.
I'm curious as to what other companies that are pulling out were making in that market and what effect it has on their worldwide profits (which effect other markets / stockholders etc).
- Russia people are about to be the healthiest in the world?shapesalad
- ^ unintended consequences . lolKrassy
- haha, shape :)PonyBoy
- No cabbage soup for you!utopian
- beef stroganoff with ratmeat instead.. with that economic outlookneverscared
- McNovichokfadein11
- ^^still better than mcdonaldspinkfloyd
- A LOT of jobs lost, after a pandemic and all
but war is wargrafician - Now things are getting serious. Russian citizen's revolt in 3... 2...1...monNom
- They're going to keep paying their employees.palimpsest
- It's on the second bullet point under the title.palimpsest
- rotflsted
- McDonalds and Shell finally pulled out. Coke and Uniqlo remain in Russia.garbage
- Coke just pulled out toografician
- All these companies aren't pulling out or suspending operations out of the kindness of their hearts. With the transaction systems offline, they have to choice.MondoMorphic
- ...despite what their virtue signaling might suggest.MondoMorphic
- utter twaddle mondo, all existing visa and mastercard cards continue to work, it's on new card issues.fadein11
- Did Putin just pull-out of Trump's ass?utopian
- Mondo has a solid point. There’s a huge financial aspect to these international organisations pulling out.mort_
- I mean, that's capitalism. I wouldn't call it something as plain as virtual signaling, because this isn't just a blow to Russia's soft power.garbage
- Morgan Stanley is predicting this will trigger a default as soon as next month, and they're describing it in Venezuelan proportions.garbage
- Russia is about to get kicked in the nutsack, and it will be a while before there's any point in doing business over there when the dust settles.garbage
- So its a few orders of magnitude above putting a Ukraine flag in your twitter bio.garbage
- @garbage i think some business are going to get special permits to deal between the two sides just like back in the USSR.sted
- Yeah, the next month is going to be a rollercoaster.garbage
- I'm guessing a lot of the wheat used to make their buns was grown in Ukraine.shapesalad
- My point was that without the ability to send money in/out of Russia, these companies have no choice but to cease operationsMondoMorphic
- Not entirely true, there's still a ton of companies doing business in Russia. Scroll to bottom:garbage
- https://som.yale.edu…garbage
- Aaand Russia just announced that they will nationalize the assets of departing companies.garbage