Posted on Mar 12, 2022
An economic iron curtain is falling on Russia as companies like McDonald's cut ties
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https://www.npr.org/2022/03/12/ [login to see] /iron-curtain-russia-soviet-union-mcdonalds-ikea-pepsi
A pivotal chapter in Russia's recent history is coming to an end as many of the world's largest and best-known companies abandon Russia after the country's invasion of Ukraine.
It started in part with BP announcing late last month that it would end its multi-billion dollar relationship with Rosneft, the Russian oil giant.
But what started as a trickle has become a corporate exodus. This week alone, companies ranging from Coca-Cola to Goldman Sachs have announced they are cutting their ties with Russia.
A pivotal chapter in Russia's recent history is coming to an end as many of the world's largest and best-known companies abandon Russia after the country's invasion of Ukraine.
It started in part with BP announcing late last month that it would end its multi-billion dollar relationship with Rosneft, the Russian oil giant.
But what started as a trickle has become a corporate exodus. This week alone, companies ranging from Coca-Cola to Goldman Sachs have announced they are cutting their ties with Russia.
An economic iron curtain is falling on Russia as companies like McDonald's cut ties
Posted from npr.org
Posted 4 y ago
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