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As Starbucks Exits Russia, Another Symbol of American Capitalism Fades

1 month ago   |   By Time

Starbucks joined McDonald's in announcing a permanent end to its operations in Russia this week, having previously suspended trading in Russia in March. The news comes amid an exodus of Western businesses from Russia , including tech giant Apple and furniture retailer IKEA.
Following Russia's invasion of Ukraine, Western businesses in Russia have been rushing towards the exit, symbolizing an end to decades of economic, political, and diplomatic cooperation between the nation and the West.
A month after the Russian invasion of Ukraine in February 2022, Starbucks and McDonald's followed...
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