McDonald's Posts , Disappointing Q1 Results , Amid Ongoing Boycotts.
'The Independent' reports that McDonald's posted weaker-
than-expected results in the first quarter of 2024, as a result
of a boycott over the company's perceived support for Israel. .
'The Independent' reports that McDonald's posted weaker-
than-expected results in the first quarter of 2024, as a result
of a boycott over the company's perceived support for Israel. .
According to McDonald's, higher sales in the
United States helped the fast-food giant overcome
weakness in markets where the brand is being boycotted.
According to McDonald's, higher sales in the
United States helped the fast-food giant overcome
weakness in markets where the brand is being boycotted.
The company saw same-store sales rise by
1.9% worldwide between January and March,
below the Wall Street forecast of 2.1%.
Increased menu pricing and delivery demand
saw same-store sales in the U.S. increase by 2.5%.
In international markets, sales fell
by 0.2% for the first time since 2020.
Despite this, McDonald's said the company's revenue
increased 5% to reach $6.17 billion, while net income went
up 7% to $1.93 billion, in-line with Wall Street estimates.
'The Independent' reports that Muslim-majority
markets like Indonesia, Malaysia and the Middle East
have been boycotting McDonald's for months.
The boycotts started after a McDonald's franchise in
Israel announced in October that it would provide free
meals for Israeli troops amid the ongoing war in Gaza.
In the months since then, the company has tried to limit
the fallout by taking over all 225 McDonald's in the country
with the purchase of Alyonal Limited, its Israeli franchise.
Our hearts remain with
the communities and families
impacted by the war in the Middle East.
We abhor violence of any kind and
firmly stand against hate speech,
and we will always proudly
open our doors to everyone, McDonald's statement, via 'The Indepndent'.
Our hearts remain with
the communities and families
impacted by the war in the Middle East.
We abhor violence of any kind and
firmly stand against hate speech,
and we will always proudly
open our doors to everyone, McDonald's statement, via 'The Indepndent'
Credit: Wibbitz Top Stories Duration: 01:30Published
Tragedy struck on Tuesday as two helicopters collided mid-air during a rehearsal for a Royal Malaysian Navy parade, resulting in the loss of ten lives. The navy confirmed that all victims were crew members aboard the aircraft involved in the accident. The incident occurred at the Lumut naval base in the western state of Perak at 9:32 a.m. local time.
"All victims were confirmed dead at the scene and sent to the Lumut army base hospital for identification," the navy said.
#MalaysianNavy #HelicopterCollision #NavalParadeTragedy #LumutBase #MilitaryAccident #HelicopterCrash #NavalRehearsal #Condolences #TragicLoss #NavyPersonnel
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8 Countries with Lower
Cost of Living Options.
KindaFrugal.com recently offered some tips for readers
looking to relocate abroad due to the increasing cost
of housing, healthcare and other essential expenses in the U.S. .
Here are some of the countries they say
offer a more reasonable cost of living:.
Portugal, In addition to a relatively low cost of living,
Portugal is a sought-after destination due
to beautiful weather and minimal taxation.
Ecuador, Affordable housing costs include average square
foot prices for city center apartments less than
half the average of in the U.S. at just $116.48.
Vietnam, Affordable housing, inexpensive groceries and
transportation costs make this an attractive option
for expats looking for a comfortable lifestyle overseas.
Montenegro, An affordable lifestyle, beautiful weather and
over 183 miles of coastline gives this quiet
Balkan nation a Mediterranean vibe. .
Malaysia, Reasonable housing, utility and transportation costs
give would-be expats a chance to save money,
while still living comfortably in a tropical nation.
Poland, Europe's sixth-largest economy
has an average cost of living
that's 58% lower than in the U.S.
Thailand, Favorable exchange rates allow Western
expats to enjoy a comfortable lifestyle
while stretching their finances further. .
Costa Rica, Affordable housing, healthcare services and amenities
makes Costa Rica ideal for stretching retirement
savings while still living a more luxurious lifestyle.
Credit: Wibbitz Top Stories Duration: 01:31Published
Torrential rain caused floods and landslides in Indonesia's Sulawesi, claiming 14 lives and displacing residents. Rescue operations evacuated affected individuals, with over 1,000 homes impacted. Indonesia faces frequent natural disasters during heavy rains, highlighting the need for robust disaster response mechanisms to aid affected populations.
#Indonesia #Indonesianews #indonesiafloods #indonesianewslive #indonesianewstodaylive #indonesianewsenglish #indonesianewsvolcano #Oneindia #OneindiaNews
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An earthquake with a magnitude of 6.5 shook Indonesia's Java island, causing widespread tremors. Despite the intensity, there was no tsunami alert issued by the BMKG. The USGS reported the quake's depth at 68.3 kilometers (42 miles). Stay updated on the latest seismic activity.
#IndonesiaEarthquake #JavaIsland #Jakarta #JavaEarthquake #JakartaEarthquake #EarthquakeinIndonesia #JokoWidodo #Oneindia
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Today, Taiwan was struck by a massive earthquake, claiming the lives of seven individuals and leaving over 700 injured. The seismic event also prompted tsunami warnings in Japan and the Philippines. Gripping visuals circulated on social media depict buildings trembling, bridges swaying, and civilians seeking refuge. Measuring 7.2 on the Richter scale, this earthquake stands as the most powerful to rock the island in a quarter of a century, with authorities cautioning of potential aftershocks in the coming days. Taiwanese officials note that it surpasses the strength of the 1999 quake, which registered at 7.6 magnitude and resulted in the tragic loss of 2,400 lives.
#TaiwanEarthquake #Earthquake #Taiwanbuildings #TaiwanVideos #Taiwan #EarthquakeInTaiwan #TaiwanEarthquakeVideo #TaiwanNews #EarthquakeNews #TaiwanEarthquakeToday #PowerfulEarthquakeTaiwan #TsunamiWarningTaiwan
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On Wednesday, Taiwan experienced its most severe earthquake in at least 25 years, claiming the lives of seven individuals and leaving over 700 injured. Among the affected, 77 individuals found themselves trapped within tunnels and collapsed structures. Rescue efforts unfolded amidst the perilous scenes of tilted buildings in the mountainous and scarcely inhabited eastern county of Hualien. The quake, measuring 7.2 on the Richter scale, struck just offshore around 8 a.m., prompting dramatic rescues where ladders were employed to aid individuals in descending to safety. Television broadcasts captured the harrowing aftermath, illustrating the magnitude of the disaster.
#TaiwanEarthquake #Earthquake #Taiwan #EarthquakeInTaiwan #TaiwanEarthquakeVideo #TaiwanNews #EarthquakeNews #TaiwanEarthquakeToday #PowerfulEarthquakeTaiwan #TsunamiWarningTaiwan
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Countries in South and Southeast Asia have been coping with a weeks-long heatwave which has seen record temperatures sweep parts of the region. Sky News
The heads of state from Japan, the Philippines, and the United States have jointly expressed "grave concern" regarding China's conduct in the contested South China Sea. Over recent years, Beijing has intensified its presence in this crucial maritime region, leading to heightened tensions, notably with the Philippines. This nation, among others in Southeast Asia, asserts territorial claims over portions of the sea adjacent to its shores. In response to a recent altercation near Second Thomas Shoal that resulted in injuries to Filipino soldiers and damage to vessels, President Ferdinand Marcos of the Philippines declared Manila's intention to enact countermeasures against China. The leaders of Japan, the Philippines, and the United States expressed shared concerns over the People's Republic of China's (PRC) provocative actions in the South China Sea during the inaugural summit held in Washington, DC. This joint statement comes amid escalating tensions in the region.
#SouthChinaSea #China #Japan #Philippines #US #Tensions #Diplomacy #InternationalRelations #SecurityConcerns #GeoPolitics
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Indonesia Issues Tsunami Alert , Following Volcano Eruption.
On April 17, hundreds of villagers on
Ruang Island, North Sulawesi, were ordered
to evacuate by Indonesian authorities.
Since the night of April 16, a 2,400-foot volcano known as Mount Ruang
"erupted at least five times," CNN reports. .
Authorities fear that Mount Ruang
could collapse into the ocean and trigger
a tsunami, just like it did in 1871.
Earthquakes that recently occurred in the
area reportedly triggered the eruptions. .
The force of Mount Ruang’s
eruption is getting bigger and
has emitted hot clouds of
approximately 1.7 kilometers, Hendra Gunawan, the head of Indonesia's volcanology agency, via CNN.
About 800 people live on Ruang Island.
According to authorities, they have
evacuated to Tagulandang Island. .
Officials warn that even those on Tagulandang Island should be aware of possible "falling incandescent rocks and hot cloud surges," CNN reports. .
There have been no casualties reported thus far.
Indonesia, which sits on the Ring of Fire,
has over 120 active volcanoes.
In 2018, Anak Krakatau fell into the sea after erupting and caused a tsunami that killed over 400 people on the Java and Sumatra islands.
In 2018, Anak Krakatau fell into the sea after erupting and caused a tsunami that killed over 400 people on the Java and Sumatra islands
Credit: Wibbitz Top Stories Duration: 01:30Published
Flash floods and landslides hit Sumatra, Indonesia, claiming ten lives and leaving ten missing. Torrential rains triggered disasters in West Sumatra's Pesisir Selatan regency, displacing 46,000 people. Rescue operations were hindered by adverse weather conditions. At least 14 houses were buried, 20,000 homes flooded, and eight bridges collapsed. Deforestation exacerbates Indonesia's vulnerability to landslides during the rainy season.
#FlashFloods #Indonesia #WestSumatra #IndonesiaWeather #LandslidesinIndonesia #indonesialandslidesandflashfloods #Worldnews #Oneindia #Oneindianews
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