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McDonald’s pulls out of Iceland

The Big Mac, a symbol of globalization, is pulling out of Iceland – a victim of this tiny island nation’s overexposure to the world financial crisis.

All three of Iceland’s McDonald’s restaurants – all in the capital Reykjavik – will close next weekend because the collapse of the Icelandic krona has pushed up the cost of imported [...]

McDonald’s pulls out of Iceland

The Big Mac, a symbol of globalization, is pulling out of Iceland – a victim of this tiny island nation’s overexposure to the world financial crisis.

All three of Iceland’s McDonald’s restaurants – all in the capital Reykjavik – will close next weekend because the collapse of the Icelandic krona has pushed up the cost of imported [...]