Is McDonald closing its restaurants in Bolivia
A search of Google News has only a handful of mentions of this story , whereas I would have expected it to make major news, if only in the finance sections of newspapers .
The article mentions a documentary called "Why did McDonald's Bolivia go Bankrupt" , supposedly made by McDonalds I'm wondering if this is fake news being pushed in order to promote the documentary, made by someone other than McDonald's .
There are, however reports from relatively mainstream news sites about it leaving in 2002, for example the BBC posted the article Burger King cheers Big Mac retreat
The 2011 film's title Por que quebr McDonald's en Bolivia is clearly in the past tense
nike tiffany blue, and a note of the film from November 2011 in GlobalPost states clearly "after five years , McDonald's closed its eight branches and left the country in 2002". The BBC Mundo review in Spanish mentions the date, but the Institute for Economic Affairs comment on the BBC (in English) does not and this may have confused Hispanically Speaking News.
The clearest evidence that this story is about 2002 comes when Hispanically Speaking News said on December 22, 2011
After 14 years in the nation and despite many campaigns and promos McDonald's was forced to close its 8 Bolivian restaurants in the major cities of La Paz, Cochabamba and Santa Cruz de la Sierra . McDonald's served its last hamburgers in Bolivia Saturday at midnight , after announcing a global restructuring plan in which it would close its doors in seven countries with poor profit margins.
rather similar to this from USA Today on 12/1/2002 taken from Associated Press
LA PAZ , Bolivia (AP) Thousands of Bolivians crammed into McDonald's Saturday to order their final Big Macs before the fast food restaurant leaves the country for good. McDonald's served its last hamburgers in Bolivia Saturday at midnight
hermes h belt, after announcing a global restructuring plan in which it would close its doors in seven countries with poor profit margins.
There seems to be no evidence that the film was made by "the company's Creative and Marketing staff" , but rather by Bolivians with an antiglobalisation message.Related:
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