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Battered but not broken: How trade is responding to Russia-Ukraine war

Russia's first McDonald's store in opened in 1990, just months after the fall of the Berlin Wall. It was a potent symbol that the Cold War was ending and a great ideological wound healing.

A series of powerful explosions rocked the residential districts of Kyiv on Tuesday. Photo: AP/PTI
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A series of powerful explosions rocked the residential districts of Kyiv. Photo: AP/PTI

Flavio Macau | The Conversation
Russia’s first McDonald’s store in opened in 1990, just months after the fall of the Berlin Wall. It was a potent symbol that the Cold War was ending and a great ideological wound healing.

Now every McDonald’s in Russia is closed, as nations and corporations reduce, suspend or sever ties in response to the invasion of Ukraine.

The scale of economic sanctions imposed on Russia are unprecedented. It has been suggested this conflict could be remaking the world order, with Russia choosing territorial hegemony over global trade. As Craig Fuller, the chief executive of supply-chain information service Freightwaves, has