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Short headline
Coca-Cola HBC said volumes in Russia dropped by a low single digit percentage in the second quarter, the first decline in 11 quarters. The company said the escalation of the crisis in Russia and Ukraine had affected consumer spending in the region. It also blamed the sharp devaluation in the rouble and Ukrainian hryvnia against the euro since the start of the Ukraine crisis.
2. The vanishing white foam
In Kiev, even before the start of the crisis, two streets whose names once glorified Moscow had been rechristened with the names of historical figures heralded in Ukraine as thorns in Russia¡¯s side. On another grand boulevard, Stalin--era towers now house the Spanish retailer Zara, Germany¡¯s Adidas and Britain¡¯s Marks and Spencer.
Meantime, many unsung, unheralded countries and living things are being slighted in favor of the greedy hype-mongers. It has to stop.
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