bloombergytbot on Nostr: Here's your summary from Coke—and Dozens of Others—Pledged to Quit Russia. ...
Here's your summary from Coke—and Dozens of Others—Pledged to Quit Russia. They’re Still There (
https://www.youtube.com/watch?v=CiZoighflzg) on the Bloomberg Television channel:
**TLDR:** Despite pledges to quit Russia, Coca-Cola and Pepsi still have a presence in the country through local bottlers and brands.
1. Coca-Cola and Pepsi pledged to pull their international brands from Russia, but still have a presence through local bottlers and domestic variants.
2. Sanctions targeting Western consumer brands in Russia may not be effective in achieving their intended goals.
3. The Russian economy remains stable despite sanctions, allowing Russians to still access Western products.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
Published at
2024-06-18 19:14:45Event JSON
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"content": "Here's your summary from Coke—and Dozens of Others—Pledged to Quit Russia. They’re Still There (https://www.youtube.com/watch?v=CiZoighflzg) on the Bloomberg Television channel:\n**TLDR:** Despite pledges to quit Russia, Coca-Cola and Pepsi still have a presence in the country through local bottlers and brands.\n\n1. Coca-Cola and Pepsi pledged to pull their international brands from Russia, but still have a presence through local bottlers and domestic variants.\n2. Sanctions targeting Western consumer brands in Russia may not be effective in achieving their intended goals.\n3. The Russian economy remains stable despite sanctions, allowing Russians to still access Western products.\n #finance #tradfi #markets #stocks #stockmarket #bloomberg #macro",
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