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SUNDAY, NOVEMBER 22, 2009
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31

Iceland Too Poor for McDonald's

With currency off 80%, golden arches fall

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(Newser) – Soon there will be at least one country you can visit without seeing the golden arches. The financial crisis hit Iceland’s currency so hard that McDonald’s, which imports most of its ingredients, can’t afford to operate there anymore. “We would have to raise our prices by 20%,” the head of the country’s franchise holder said. “That would have sent a Big Mac to 780 kronur.” At roughly $6.36, that would make it the most expensive Big Mac in the world.

In this photo made on Wednesday, Oct. 14, 2009, the trademark golden arches logos are seen at a McDonald's restaurant in Pittsburgh.
In this photo made on Wednesday, Oct. 14, 2009, the trademark golden arches logos are seen at a McDonald's restaurant in Pittsburgh.   (AP Photo/Keith Srakocic)
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31 comments
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davjc09
Oct 26, 09 2:59 PM CDT
One country too poor to be obese. What a shame. Reply
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dontlikeyou
Oct 26, 09 6:29 PM CDT
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dontlikeyou
Oct 26, 09 6:29 PM CDT
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Worthingtons-Law
Oct 27, 09 6:16 PM CDT
I don't think those three healthy menu items are what's been carrying McDonald's. So yeah, McDonald's makes people obese.
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thephat
Oct 28, 09 9:59 AM CDT
No, eating wacdonalds makes YOU a dumb ass. It will not make every person fat, but it is not good for you, and that business model is not good for your world.
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