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Coca-Cola, Pepsi and Starbucks have followed the lead of McDonald’s and other western corporations and suspended sales in Russia. Each company announced the moves Tuesday in response to the Russian invasion of Ukraine.
Coca-Cola’s said in a release that the company is “…suspending its business in Russia.” They went on to say “Our hearts are with the people who are enduring unconscionable effects from these tragic events in Ukraine.” PepsiCo went further in their statement and said, “Pepsi-Cola entered the market at the height of the Cold War and helped create common ground between the United States and the Soviet Union.”
“However, given the horrific events occurring in Ukraine we are announcing the suspension of the sale of Pepsi-Cola, and our global beverage brands in Russia, including 7Up and Mirinda. We will also be suspending capital investments and all advertising and promotional activities in Russia.”
The company did mention that it will […]
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