Some might call it the Crimean Shuffle. Other may just call it business.
McDonalds yesterday closed its three restaurants in the Crimea citing uncertainty about financial and banking services. The move is not devoid of risks as some Russian politicians are calling for the American-based burger champion to close all of its restaurants inside Russia, a move that could affect Big Mac's bottom line in upcoming months should it happen.
McDonalds yesterday closed its three restaurants in the Crimea citing uncertainty about financial and banking services. The move is not devoid of risks as some Russian politicians are calling for the American-based burger champion to close all of its restaurants inside Russia, a move that could affect Big Mac's bottom line in upcoming months should it happen.
There are also political ramifications as some view the prospect as tossing more ice water on the already chilly relations between Russia and the U.S. http://www.reuters.com/article/2014/04/04/us-ukraine-crisis-mcdonalds-idUSBREA331LU20140404
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