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McDonald’s To Exit Russia, Sell Business In Country

Published

2 years ago

May 17, 2022

American fast-food giant McDonald’s will exit the Russian market and sell its business in the increasingly isolated country, the company said Monday.

Many Western businesses have pulled out of Russia since its invasion of Ukraine in February.

And earlier on Monday, French automaker Renault announced it had handed over its Russian assets to the government in Moscow, marking the first major nationalisation of the economic disentanglement.

McDonald’s in March closed all of its 850 restaurants in the country, where it says it employs 62,000 people.

But on Monday it went a step further, saying in a statement: “After more than 30 years of operations in the country, McDonald’s Corporation announced it will exit the Russian market and has initiated a process to sell its Russian business.

“The humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, have led McDonald’s to conclude that continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald’s values.”

It said it was looking to sell “its entire portfolio of McDonald’s restaurants in Russia to a local buyer”.

The company added that after the sale, the restaurants would no longer be able to use the McDonald’s name, logo, branding or menu.

Russia, where McDonald’s directly manages more than 80 per cent of the restaurants bearing its name, accounts for 9 per cent of the company’s revenue and 3 per cent of its operating profit.

Chief executive Chris Kempczinski said in a statement: “We’re exceptionally proud of the 62,000 employees who work in our restaurants, along with the hundreds of Russian suppliers who support our business, and our local franchisees. Their dedication and loyalty to McDonald’s make today’s announcement extremely difficult.

“However, we have a commitment to our global community and must remain steadfast in our values. And our commitment to our values means that we can no longer keep the Arches shining there.”

On February 24, Russia’s President Vladimir Putin ordered troops into pro-Western Ukraine, triggering unprecedented Western sanctions against Russia and sparking an exodus of foreign corporations including H&M, Starbucks and Ikea.

The authorities said they were ready to nationalise foreign assets — as happened with Renault — and some officials assured Russians that their favourite brands would have domestic alternatives.

Officials in Moscow have sought to downplay the gravity of the Western sanctions, promising that Russia will adapt and take steps to stop the flight of foreign currency and capital.

AFP/CHANNELS TV

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Living-in-China: Meet Half-Nigerian, Half-Chinese Youth Who Speaks Igbo, English, Chinese Fluently [VIDEO]

Published

4 hours ago

May 7, 2024

Editor

L-R: Emmanuel Chibike, and Real Mc Ezegetive Comedy

A half-Nigerian and half-Chinese man, Emmanuel Chibike, has left social media users in awe with his ability to speak Igbo, English, and Chinese fluently.

The discovery was made by content creator and social media influencer known as Real Mc Ezegetive Comedy during his visit to an estate in China.

“If you look around, you’ll see that I’m in an estate in China. I met our brother, and as I was looking at him, I was wondering if he was Chinese,” Real Mc Ezegetive Comedy said in a video interview posted on Monday.

“I noticed that as I was speaking (in Igbo language), he was laughing, and I was wondering if he could understand what I was speaking,” he added.

It was then that the comedian learned of Chibike’s unique background.

“After discussions with him, he explained who he was to me. Apparently, his father, who is from Ozubulu (a town in Anambra State), came to China and married a Chinese woman,” he explained.

Chibike’s ability to effortlessly switch between the three languages left a lasting impression on the influencer. “This boy here, he can speak English, Chinese, and Igbo languages,” he marvelled.

In the video, Chibike showcased his multilingual skills by introducing himself in English, Chinese, and then Igbo.

His fluency in all three languages show his knowledge of his cultural heritage.

Real Mc Ezegetive Comedy seized the opportunity to encourage Igbo parents to teach their children their native language.

“It is quite shameful that some Igbo children based in Igbo land can’t speak their native language,” he lamented, emphasising the importance of preserving linguistic and cultural identities.

Watch the video below courtesy The PUNCH:

𝐋𝐢𝐯𝐢𝐧𝐠-𝐢𝐧-𝐂𝐡𝐢𝐧𝐚: 𝐌𝐞𝐞𝐭 𝐡𝐚𝐥𝐟-𝐍𝐢𝐠𝐞𝐫𝐢𝐚𝐧, 𝐡𝐚𝐥𝐟-𝐂𝐡𝐢𝐧𝐞𝐬𝐞 𝐲𝐨𝐮𝐭𝐡 𝐰𝐡𝐨 𝐬𝐩𝐞𝐚𝐤𝐬 𝐈𝐠𝐛𝐨, 𝐄𝐧𝐠𝐥𝐢𝐬𝐡, 𝐂𝐡𝐢𝐧𝐞𝐬𝐞 𝐟𝐥𝐮𝐞𝐧𝐭𝐥𝐲https://t.co/a0iM56ZKoL pic.twitter.com/gXCDUpObjZ
— Punch Newspapers (@MobilePunch) May 6, 2024
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Pandemonium During Church Service As Man Pulls Gun, Attempts To Shoot Pastor [VIDEO]

Published

5 hours ago

May 7, 2024

Editor

A church service in Pennsylvania was paused on Sunday, May 5, when a man pulled a gun on the pastor and allegedly attempted to shoot him during his sermon but his firearm failed to discharge.

The incident happened at Jesus’ Dwelling Place Church in North Braddock, Pennsylvania, shortly after 1:00 p.m. ET, according to the Pennsylvania State Police.

The suspected gunman, who police identified as 26-year-old Bernard Junior Polite, entered the church and allegedly attempted to shoot the pastor, Glenn Germany, as he was delivering his sermon on a live steam.

The suspect’s firearm failed to discharge and a congregation members and the pastor were able to subdue and disarm him before anyone was harmed, police said.

“I’m thankful to God that I’m still here because he definitely pulled the trigger,” Pastor Germany told ABC News affiliate WTAE.

Describing the alarming encounter, Germany told the outlet Polite smiled at him before the attempted attack.

“I started to begin to preach, and all of a sudden, from my left-hand side, I saw him move from the back to the front of the church, and he set up in the front corner of the church and smiled at me,” Germany said.

“All of a sudden, I just saw a gun pointing right at me. And at that point, all I could try to do is run for cover,” he said.

Church service comes to a halt as man pulls gun and attempts to shoot pastor (video)

The pastor went on to praise the congregation member who sprang into action to subdue Polite, saying, “He could have lost his life in that struggle, but he sacrificed himself for everyone, and he’s the hero.”

The suspect was held at the church until Pennsylvania State Police troopers arrived at the scene and arrested him.

Police said charges have been filed.

Watch a video of the incident below.

https://www.facebook.com/share/v/RvtSapRnVHafRzmP/?mibextid=oFDknk

Headline

Kenya Deports Nigerian Captured On CCTV Assaulting Woman In Wheelchair [VIDEO]

Published

1 day ago

May 5, 2024

Editor

A Nigerian national who was caught on CCTV camera assaulting a Kenyan woman confined to a wheelchair in Nairobi has been deported.

In the footage that went viral on April 26, 2024, the Nigerian man identified as John Nwankwo Noko, is seen clobbering a helpless Ms. Pauline in the head before two other ladies looking on intervened to stop the act.

In a statement signed by State Department of Gender Principal Secretary Anne Wang’ombe, Nwankwo was deported on Saturday, May 4, 2024, for assaulting his partner, Ms Pauline.

He is accused of physically assaulting his partner, a Kenyan woman confined to a wheelchair, raising concerns about cases of Gender-Based Violence (GBV).

“The act of violence has not only violated the rights of an individual but has also highlighted the broader issues of gender-based violence, that is rampant in our society,” Orwoba said in the statement.

The case was first brought to the attention of the police by Nominated Senator Gloria Orwoba on Wednesday, May 1.

Orwoba, acting on the video that first went viral on social media on April 29, visited the woman at her home, who confirmed that her life was in danger.

She [the woman] claimed that her Nigerian partner “had been threatening to kill her and her two domestic workers if they outed him,” Orwoba said.

Senator Orwoba then reported the matter to Karen Police Station, after which it was picked up by the offices of Interior Cabinet Secretary Kindiki Kithure, and that of Immigration PS Julius Bitok.

“Mr Nwankwo Noko has been arrested and processed for deportation,” Gender PS confirmed.

The nominated senator, who has continually advocated for violence against women has since demanded an end to the rising cases, saying they not only leave women with physical and emotional damage but also tear the moral fabric of our society.

“We strongly condemn such behavior and we shall continue working towards creating a safer environment for women, free of fear,” Orwoba added.

Watch footage below:

John Nwankwo, a devil, assaults woman in wheelchair in Kenya…
Criminal:
John Nwankwo Noko
Crime:
Nigerian man by the name of John Nwankwo Noko was captured on CCTV assaulting a woman in a wheelchair. In the footage, the ruthless man is seen raining kicks and blows on the… pic.twitter.com/COGgqaFEzd
— CitizenOlu (@jagabanolu) April 26, 2024