'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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Trump has declared that Iranâs nuclear program is âdeadâ following a series of military strikes targeting uranium enrichment sites. Speaking at a packed rally, Trump vowed that Tehran would never be allowed to restart its nuclear ambitions under any circumstances. The remarks come amid rising tensions in the Middle East, with Iranian officials promising retaliation.
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In a powerful display of Russian resolve, President Vladimir Putin reaffirmed Moscowâs strategic objectives during a one-hour phone call with US President Donald Trump. Despite Trump expressing disappointment over the lack of progress on a peace deal, the Kremlin stood its ground, making clear that Russiaâs military and political goals in Ukraine remain unchanged. Kremlin spokesman Dmitry Peskov emphasized that Moscow seeks peaceâbut only on its own terms.
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In a striking display of diplomatic unity, Saudi Foreign Minister Faisal bin Farhan declared that Riyadh welcomes Russiaâs role in Middle Eastern affairs during a high-profile press conference with Russian FM Sergey Lavrov in Moscow. The comment signals a major shift in Gulf geopolitics, showing Saudi Arabia's increasing tilt toward Moscow as regional dynamics evolve. Lavrov and Farhan met at the Russian MFA Reception House, emphasizing cooperation on regional security, energy, and investment. Farhan praised Russiaâs involvement as âalways welcome,â underlining a growing partnership despite global Western efforts to isolate Moscow. The press conference further confirms Russia's expanding clout in the Gulf as the Kremlin strengthens alliances outside the West. The talks come amid heightened tensions in the region, and suggest Saudi Arabia is now playing a more independent, multi-vector diplomatic game â balancing its ties between Washington, Moscow, and Beijing.
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Ahead of the United States' Independence Day celebrations, federal agencies have issued a serious warning about potential terrorist attacks, specifically from lone wolf actors. This elevated threat level is a direct consequence of escalating tensions in the Middle East, where the U.S. has become more involved in the ongoing Israel-Iran conflict. The situation intensified after U.S. B-2 Spirit bombers conducted a major operation on June 22, dropping heavy bunker buster bombs on three of Iran's nuclear facilities in a strategic move to aid Israel.
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