Marriott, Citi, Major Companies Still Do Business in Russia
By Charlie McCarthy
| Wednesday, 09 March 2022 08:52
AM
More than 300 companies have stopped doing business in Russia following President
Vladimir Putin's unprovoked attack on Ukraine.
McDonald's, Coca-Cola, Pepsi, and Starbucks on
Tuesday joined the
businesses who had cut ties with Russia – something 75% of Americans support,
according to a Morning
Consult poll.
However, many companies still had not severed business
dealings with Putin's country.
Marriott,
Hilton, Hyatt, Caterpillar,
Deere, Citi, Papa John's, and
Whirlpool were among the companies continuing to operate in Russia, according
to Jeffrey Sonnenfeld from The Yale School of Management.
In a Monday column for Forbes,
Sonnenfeld explained why pausing or ending business in Russia made sense for
U.S. companies.
"Despite the cost of abandoning major investments
and the loss of business, there is a strong reputational incentive to
withdraw," he wrote. "Companies that fail to withdraw face a wave of
U.S. public resentment far greater than what they face on climate change,
voting rights, gun safety, immigration reform, or border security."
The number of companies leaving Russia has grown since
Sonnenfeld first released his list. Those businesses now include Apple, Amazon,
FedEx, Kellogg, Mastercard, Nike, and Sony.
Through Tuesday, companies remaining in Russia also
included Bridgestone Tire, Citrix, Dow, Intercontinental Hotels, Nestle, Philip Morris, and Whirlpool.
Sonnenfeld appeared on CNBC's "Squawk
on the Street" on Monday and was asked to address the notion
that the pullout by U.S. companies would hurt Russian workers.
"The idea of these sanctions is to put pain onto the
economy. We're not trying to figure out how to advance the Russian
economy," Sonnenfeld told CNBC. "It is for the general population to
feel enough distress that the economy fails and the government fails. That's
the point of these sanctions."
McDonald's did say said it would go on paying salaries to
its 62,000 employees in Russia.
Yum Brands Inc, parent company of fried chicken chain KFC, said Tuesday it was suspending operations of its 70 KFC company-owned restaurants in the country and finalizing an agreement to suspend all Pizza Hut restaurant operations in Russia, in partnership with its master franchisee.
Connecting the Dots:
Arne M. Sorenson is
the president & CEO for Marriott
International Inc., and a trustee
at the Brookings Institution (think tank).
Foundation to Promote Open Society was
a funder for the Brookings Institution
(think tank).
George Soros was the chairman
for the Foundation to Promote Open Society.
Ann Dibble Jordan is
an honorary trustee at the Brookings
Institution (think tank) and was a director at Citigroup Inc. (Bailout Company).
Judith
Rodin was an honorary trustee at the Brookings
Institution (think tank) and is a director at Citigroup Inc. (Bailout Company).
Lawrence
H. Summers was a trustee at the Brookings
Institution (think tank) and is a consultant for Citigroup Inc. (Bailout
Company).
Klaus Kleinfeld is
a trustee at the Brookings Institution
(think tank) and was a director at Citigroup
Inc. (Bailout Company).
Crandall C. Bowles is
a trustee at the Brookings Institution
(think tank) and a director at
the Deere & Company.
Charles O.
Holliday Jr. is a director at the Deere
& Company and was a director at the ClimateWorks Foundation.
Stephen M. Wolf
is an honorary trustee at the Brookings
Institution (think tank) and a
director at Philip Morris International Inc.
Thomas R.
Pickering is a distinguished fellow at the Brookings
Institution (think tank) and a U.S. ambassador for Russia.
Wilbur L. Ross Jr. is
a trustee at the Brookings Institution
(think tank), an advisory board member for the Yale School of Management and married to Hilary Geary.
Hilary Geary is
married to Wilbur L. Ross Jr.,
and a leader’s council member for the Breast
Cancer Research Foundation.
Daisy M. Soros is
a leader’s council member for the Breast
Cancer Research Foundation and George
Soros’s sister-in-law.
George Soros is Daisy M. Soros’s brother-in-law and was the
chairman for the Foundation to Promote Open
Society.
Foundation to
Promote Open Society was a funder for the Brookings Institution (think tank), the ClimateWorks Foundation and the Carnegie Endowment for International Peace (think tank).
Donald V. Fites
is a trustee at the Carnegie Endowment for
International Peace (think tank) and
was the chairman for Caterpillar Inc.
Jessica
Tuchman Mathews is the president of the Carnegie Endowment for International Peace (think tank)
and was an honorary trustee at the Brookings
Institution (think tank).
Ed Griffin’s interview
with Norman Dodd in 1982
(The investigation into the “Carnegie Endowment for International
Peace uncovered the plans for population control by involving the United States
in War”)
http://www.illuminati-news.com/110106a.htm
James F. Collins is
a senior associate at the Carnegie
Endowment for International Peace (think tank) and was a U.S.
ambassador for Russia.
Carnegie Endowment for International Peace (think
tank) was a funder for the Nuclear
Threat Initiative (think tank).
Igor S. Ivanov is
a director at the Nuclear Threat Initiative
(think tank) a director at
the United Nations Foundation
and was the minister of foreign affairs for Russia.Ted Turner is a
co-chairman for the Nuclear Threat
Initiative (think tank), the chairman for the United Nations Foundation and the founder for
the Turner Broadcasting System Inc.
Vivian Schiller was
the Russian interpreter for
the Turner Broadcasting System Inc.
Carnegie Endowment for International Peace (think
tank) was a funder for the Nuclear
Threat Initiative (think tank).
Foundation to Promote Open Society was
a funder for the Carnegie Endowment for
International Peace (think tank).
George Soros was the chairman
for the Foundation to Promote Open Society
and is a board member of the International
Crisis Group.
Yegor Gaidar was
a board member of the International Crisis
Group and the prime minister for Russia.
Igor S. Ivanov is
a board member of the International Crisis
Group and a director at the Nuclear
Threat Initiative (think tank) and was the minister of foreign
affairs for Russia.
Carnegie Endowment for International Peace (think
tank) was a funder for the Nuclear
Threat Initiative (think tank).
William J. Perry is
a director at the Nuclear Threat Initiative
(think tank) and was a co-director for the Center for International Security and Arms Control.
Michael A. McFaul was a research associate at the Center for International Security and Arms Control and is the U.S. ambassador for Russia.
Resources: Past Research
Marriott CEO:
Anti-'gay' laws are not OK (Past Research on Marriott
International Inc.)
MONDAY, APRIL 11, 2016
https://thesteadydrip.blogspot.com/2016/04/marriott-ceo-anti-gay-laws-are-not-ok.html
Wells Fargo to repay
$25 billion bailout (Past Research on Citigroup Inc.)
MONDAY, MARCH 9, 2015
https://thesteadydrip.blogspot.com/2015/03/wells-fargo-to-repay-25-billion-bailout.html
Deere to lay off more
than 1,000 workers; Caterpillar Closing Plants (Past
Research on Deere and Caterpillar)
SUNDAY, JANUARY 25, 2015
https://thesteadydrip.blogspot.com/2015/01/deere-to-lay-off-more-than-1000-workers.html
Russia to Ukraine:
Surrender Crimean Forces or Face 'Military Storm' (Past
Research on Russia)
MONDAY, MARCH 3, 2014
https://thesteadydrip.blogspot.com/2014/03/russia-to-ukraine-surrender-crimean.html
Philip Morris
International (Past Research on Philip Morris
International)
MONDAY, OCTOBER 14, 2013
https://thesteadydrip.blogspot.com/2013/10/philip-morris-international.html
Trump’s Secretary of
Commerce Wilbur Ross the ‘Champion of American Manufacturing’ (Past Research on the Yale School of Management)
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