McDonald's Pulls Out of Kazakhstan
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The global span of the Golden Arches just got a tiny bit smaller.
McDonald's confirmed on Thursday it's departing from Kazakhstan just six years after breaking ground in the central Asian nation. Bloomberg reports the reason for the exit is that Kazakhstan is heavily reliant on Russia for meat imports, and Russia's invasion of Ukraine meant McDonald's banned local franchisees from buying up Russian burger patties, the unhappiest of meals.
Source Fool.com