Western investors go bearish on Russia

850

The number of McDonald’s franchises operating in Russia prior to its Feb. 24 invasion of Ukraine. The Golden Arches, a symbol of Western commercialism, first went up in the Soviet Union weeks after the fall of the Berlin Wall. But after the breakout of Russian aggression, McDonald’s announced it was pulling out of the country. Beyond the human cost, Russia’s invasion of Ukraine has caused massive headaches for multinational firms doing business in the country. Oil and gas firms like Exxon and Shell may have the most to lose, but even tobacco-maker Philip Morris says it stands to lose by leaving the Russian market. Meanwhile, highly skilled Russian workers are also plotting their exit.

700,000

The number of subscribers Netflix lost in Russia after the streaming ­service cut ties with the war-making nation. The dramatic service cancellation led to Netflix reporting fewer subscribers overall for the first time in a decade.

1 ruble

The price at which French automaker Renault had to sell its 68-percent stake in Russian automaker Avtovaz in an effort to end business in the country.

10%

The share of Russian tech workers who have left the country, according to The Washington Post.

6%

Russia’s share of tobacco giant Philip Morris’ worldwide sales last year. The cigarette maker is looking to withdraw from the country.