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Marketplace®

Daily business news and economic stories
Mar 9, 2022

Russia further insulates itself from the West

From the BBC World Service: More Western firms, including McDonald’s, are pulling out of Russia as Moscow brings in new restrictions to try and counteract sanctions previously imposed. Two U.S. executives have been released from Venezuelan custody as the Biden administration looks to improve U.S. relations with the country. Plus, we hear about the potential impact of Russia’s invasion of Ukraine on global food supplies.

People enter a McDonald's restaurant in Moscow on March 9, 2022. - Major brands have continued to pull out of Russia, with McDonald's, Coca-Cola, Starbucks and Heineken among the latest to join the international chorus of outrage. (Photo by AFP) (Photo by -/AFP via Getty Images)
People enter a McDonald's restaurant in Moscow on March 9, 2022. - Major brands have continued to pull out of Russia, with McDonald's, Coca-Cola, Starbucks and Heineken among the latest to join the international chorus of outrage. (Photo by AFP) (Photo by -/AFP via Getty Images)

The Team