'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'
In a surprising and hilarious turn at the White House, Press Secretary Karoline Leavitt fielded tough (and adorable) questions from kids during the "Take Our Sons and Daughters to Work Day" press briefing. From Trump's favorite McDonaldâs order to his ice cream preferences and even how many people heâs fired â no question was off the table! Watch the full light-hearted yet revealing exchange as the next generation of reporters puts the White House on the spot.
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During Donald Trump's visit to Saudi Arabia, Crown Prince Mohammed bin Salman (MBS) rolled out a one-of-a-kind McDonald's food truckâjust for him! Was this a brilliant display of diplomacy through fast food, or a cheeky nod to Trumpâs famous diet? And did Trump accept this gesture, or pull another âcoffee refusalâ like during his previous visits?
Watch as we break down this viral moment and what it says about U.S.âSaudi relations, Trumpâs personal quirks, and the fast-food diplomacy we didnât see coming.
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President Donald Trump arrived in Saudi Arabia for high-level trade talks, greeted with an extravagant welcome by Crown Prince Mohammed bin Salman. The reception included a royal fighter jet Escort and a traditional coffee ceremonyâthough Trump declined the coffee, a move considered culturally insensitive. Secretary of State Marco Rubio accepted on Trumpâs behalf, easing tension. To cater to Trumpâs preferences, Saudi officials even arranged McDonaldâs trucks near the venue. The visit reflects the Kingdomâs strategic effort to strengthen U.S. tiesâmixing tradition with tailored hospitality.
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~HT.410~PR.152~ED.194~GR.125~
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Credit: euronews (in English) Duration: 01:30Published
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Watch: Indonesia volcano eruption sends ash 10km into sky
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ZohraÌn Mamdani has delivered a stunning upset in New York City politics, defeating former Governor Andrew Cuomo to win the Democratic mayoral primary. The 33-year-old state assembly member and democratic socialist becomes the first Muslim and the first Indian-American ever nominated by a major party for mayor of New York City.
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Donald Trump has launched a scathing personal attack on Zohran Mamdani â the 33-year-old Indian-origin socialist who just won New York City's Democratic mayoral primary. Calling him a "100% communist lunatic" with a "grating voice" and âterrible looks,â Trump didn't hold back. The president also lashed out at progressive Democrats like AOC and Chuck Schumer for backing Mamdani, warning that NYC is "falling to socialism." Who is Zohran Mamdani? Can a Marxist win New York? And why is Trump going nuclear over this primary upset? Watch the full story.
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The Muslim World League has strongly condemned Iranâs strikes on U.S. bases in Qatar, calling them a blatant violation of Islamic values. This rare rebuke underscores Iranâs deepening isolation within the Muslim world amid its war against the U.S. and Israel. No Islamic nation has come to Iranâs aidâmilitarily or diplomatically. Long criticized for its expansionist policies and use of proxies, Iran now finds itself increasingly abandoned as regional powers step back, signaling a collapse of strategic tolerance.
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U.S. Vice President JD Vance has sparked global backlash by justifying President Trumpâs strikes on Iran, declaring past leaders were âdumbâ and lacked vision. âThis war is justified,â Vance claimed, as Tehran reels from coordinated U.S.-Israel attacks. His remarks come amid widespread condemnation from China, Russia, and the Muslim world. Critics call the statement a green light for unprovoked warfare. With Tehran vowing retaliation, Vanceâs blunt rhetoric adds fuel to an already volatile situation, while painting the U.S. escalation as necessary and âsmart.â
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Pakistan has denied claims that it would launch a nuclear strike on Israel if Iran were attacked. Defence Minister Khawaja Asif clarified that Pakistanâs nuclear capability is strictly for national defenseânot for hegemonic agendas. This comes after Iranian official Mohsen Rezaei claimed Islamabad had promised nuclear retaliation on Iranâs behalf. While Pakistan maintains strategic ties with Iran and urges Muslim unity against Israel, it has clearly distanced itself from any nuclear involvement, warning the West of Israelâs unchecked nuclear might.
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