When McDonald’s opened its doors in Moscow’s Pushkin Square in 1990, it was welcomed by more than 30,000 Russians who happily waited hours in line, eager to spend a sizable chunk of their daily wages for a taste of America.Through burgers and fries, a food diplomacy was forged, one that flourished over the past three decades as corporations like McDonald’s and PepsiCo, private investment firms, and individuals plunged billions of dollars into building factories and restaurants to bring food, culture and good-old American capitalism to Russia. It was perestroika and glasnost sandwiched between two buns.“McDonald’s was more than the opening of a simple restaurant,” Marc Carena, a former managing director of McDonald’s Russia, told Voice of America in 2020 when the Golden Arches celebrated the 30th anniversary of its first location in what was the Soviet Union. “It came to symbolize the entire opening of the U …
Latest Business News
Artificial Intelligence in Food Production Reshaping Efficiency Resilience and Sustainability in Global Systems (3/7/2026) - Artificial Intelligence in Food Production Reshaping Efficiency Resilience and Sustainability… Read more...
The Why Behind the Journey (3/5/2026) - The Why Behind the Journey Travel Growth Now Favors Brands… Read more...
Resort Communities: The Integration of Destination Real Estate with Resort Operations (3/3/2026) - Entity summary Speaker Tom Luersen Title President Organization CoralTree Hospitality… Read more...
Global Retail in Motion (3/3/2026) - Global Retail in Motion Channel growth is being rewritten by… Read more...
Three AI Agents Walk Into a Store (3/3/2026) - Watch the session Three AI Agents Walk Into a Store… Read more...
Hospitality Deal Flow in 2026 (3/1/2026) - Entity Summary Title: Hospitality Deal Flow in 2026. Subtitle: Key… Read more...
Expedition and Coastal Cruising Through Joint Ventures (2/28/2026) - Expedition And Coastal Cruising Through Joint Ventures Cruising expands, and… Read more...
Responsible Sourcing as a Hospitality Growth Strategy (2/28/2026) - 1TourismWorld Advancing Responsible Sourcing And Procurement In Hospitality A Leadership… Read more...