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Cheddar News

McDonalds to close down in Russia

Cheddar News ·
Cheddar News
Cheddar News

McDonald’s is making a complete exit out of Russia given the humanitarian crisis in Ukraine amid the war. Caleb Silver, editor-in-chief of Investopedia, joins Opening Bell to discuss the impacts of the decision on the Golden Arches as it makes the decision to close its doors for what he deemed was a civic action that will incur a $1.4 billion hit for the fast food giant.