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I'm not sure who downvoted you. It is a good question. McDonald's and other consumer goods type companies are not sanctioned, so the company can sell its assets. For that matter they could continue to operate as normal in Russia if they choose.
It sounds like Russia might get declared a terrorist state soon. I assume that changes things.
Lithuania has apparently already done that.
Can you sell the Russian business without violating the sanctions?
They won't be able to sell them at all. Putin has already said that any companies that leave Russian markets as a result of the current conflict will have all their assets nationalized. This is what happened to McDonalds in the Donbass -- they're still operating and called "DonMaks". The experience is extremely similar to a normal McDonalds. The only thing that is obviously different is the fries. https://www.instagr…
[1]: https://foreignpolicy.com/2020/11/26/mcdonalds-peace-nagorno...
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Thanks for repeating Russian propaganda word for word. In reality, Ukraine was nowhere close to entering NATO. Not in 2014, not in January 2022. This wasn't (exclusively) about NATO, but about the gradual general Ukrainian drift towards the west and its institutions. Russia wouldn't be satisfied with Ukraine not entering NATO, it would require returning back into the Russian sphere of influence as its puppet state. >…
> Thanks for repeating Russian propaganda word for word.
> In reality...
From Russia's point of view, NATO is encroaching. How blind must one be to disregard that?
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Not sanctions, but Russian regulation. From your link: >The Bank of Russia more than doubled the benchmark interest rate to 20%, a 19-year high, on Feb. 28 and also imposed capital controls, including a ban on foreigners’ selling of securities. Nabiullina said decisions to suspend some regulatory requirements amounted to a capital boost for banks equivalent to 900 billion rubles ($8.7 billion). Putin banned all Russi…
Interest rate is already back to 14%[1]. Russian economy recovered super fast. Ruble is already stronger than before war (around 64 RUB for USD). Basically sanctions are a joke made for Biden to shout once before American public attention shifts to Amber Heard trial or some other spectacle of the day. [1] https://www.reuters.com/business/finance/russian-central-ban...
This is completely irrelevant if you can't sell it for USD.
Can you sell the Russian business without violating the sanctions?
Legally? I'm sure there are a fair number of ways. For those who don't recall when Pepsi (as in "Pepsi Cola") had the 6th largest navy in the world: https://www.warhistoryonline.com/instant-articles/pepsi-once... But if you're running a huge consumer-brand corporation in the social media age, with the great majority of your sales in places where Russia's recent actions are very unpopular, then "could we legally conti…
https://melmagazine.com/en-us/story/did-pepsi-have-one-of-th...
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One of my traumas from life in Russia during my childhood is the understanding that you live in a North Korea redux, and you have McDonalds, and other Western companies from democratic countries coming here, and feeding that regime. US politicians kept droning how terrible Russia was through whole 200X, yet allow their companies to "wage business on the free world" Can you imagine McDonalds in Pyongyang, and Don Thom…
I'd be interested in your opinion on the alternatives. Would it have been better for you (and the country) if those businesses had decided in the noughties that Russia was not democratic enough and pulled out? Do you think it would have made a major impact at that time? Or do you think it should have been tackled from an anti-corruption point of view with investigations into how those companies were conducting busine…
Does McDonald’s exit from Russia count as a partial restoration of the “Golden Arches Theory of Conflict Prevention” [1]? [1]: https://foreignpolicy.com/2020/11/26/mcdonalds-peace-nagorno...
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French is now in bed with russian? Mont dioaux ;)
In 19th century, almost every Russian either spoke French fluently, was a priest or couldn't read.