Coca-Cola suspends business in Russia citing Ukraine war

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Coca-Cola suspends business in Russia citing Ukraine war
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The Atlanta-based Coca-Cola Company said it would be suspending business in Russia following the country’s attack on neighboring Ukraine.

and natural gas and shut down its service stations, aviation fuels and other operations in the country.Since the invasion of Ukraine, the value of the Russian currency, the ruble, has plunged by more than a third to a record low. That’s pushing up inflation for Russian households, and all the fear has helped cause long lines at ATMs.

Two million people — half of them children — have fled Ukraine in the less than two weeks since Russia invaded the country, officials said Tuesday, as Europe’sRussian aircraft bombed cities in eastern and central Ukraine overnight, Ukrainian officials said. Shelling pounded Kyiv’s suburbs. Bombs also hit oil depots in two other towns.

The mayor of Lviv said the city in far western Ukraine was struggling to feed and house the more than 200,000 people who have fled there. The displaced are being housed in the city’s sport halls, schools and other buildings. Thousands of people are thought to have been killed, both civilians and soldiers, though the actual number remains unknown.

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