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Showing posts with the label RUSSIA UKRAINE

Russia-Ukraine crisis: A timeline of the first 100 days

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Russia attacked Ukraine in the early hours of February 24, setting off the worst conflict in Europe in decades. As Russia extends its grip over the east, we look back on 100 days of fighting that has killed tens of thousands of civilians and reduced entire cities to rubble. Russian President Vladimir Putin announces a “special military operation” to “demilitarise” and “de-Nazify” the former Soviet state and protect Russian speakers there. A full-scale attack starts with air and missile strikes on several cities. Ukrainian President Volodymyr Zelensky pledges to stay in Kyiv to lead the resistance. The West adopts unprecedented sanctions against Russia and offers Ukraine military aid. Read More : https://www.khaleejtimes.com/world/russia-ukraine-crisis-a-timeline-of-the-first-100-days

McDonald’s to sell its Russian business, try to keep workers

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McDonald’s said Monday that it has started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people, making it the latest major Western corporation to exit Russia since it invaded Ukraine in February. The fast food giant pointed to the humanitarian crisis caused by the war, saying holding on to its business in Russia “is no longer tenable, nor is it consistent with McDonald’s values.” The Chicago-based company announced in early March that it was temporarily closing its stores in Russia but would continue to pay employees. On Monday, it said it would seek to have a Russian buyer hire those workers and pay them until the sale closes. It did not identify a prospective buyer. CEO Chris Kempczinski said the “dedication and loyalty to McDonald’s” of employees and hundreds of Russian suppliers made it a difficult decision to leave. “However, we have a commitment to our global community and must remain steadfast in our values,” Kempczinski said in ...