Let the Russians Eat (and Serve) Big Macs!
Russia’s “oil-fired economic miracle is unraveling,” the protests over the car tax is being hailed as a sign of “broad discontent,” unemployment grows by 400,000 in November with an extra 70,000 this past week alone, Russia’s richest man, Oleg Deripaska, is looking for investors wherever he can to save his metal empire, and Putin is imploring Russia’s business to only fire people only if it is absolutely necessary. From reading today’s English language press, one would think it was February 1917 all over again.
Luckily for all of Russia’s unemployed and redundant labor, there is one business that might be hanging “Help Wanted” signs as the rest of the economy goes down the toilet: McDonald’s.
In an interview in Vedomosti, Khamzat Khasbulatov, Micky D’s man in Russia and Eastern Europe, had this to say about how the economy has affected his company’s ability to peddle cheap, overly processed burgers.
Have McDonald’s felt the ..read more
