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[–] 91 points 2 years ago (2 children)

Best to not drink any soft drinks

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  • [–] 65 points 2 years ago (5 children)

    Yes, hard liquors are much better.

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  • [–] 15 points 2 years ago* (1 child)
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    [–] 71 points 2 years ago* (5 children)

    Again: The Norwegian Sovereign Wealth Fund still have active investments in Russia.

    Where is the outrage for them?

    According to this Norwegian publication in an article published January 31st 2023:

    the Norwegian oil fund still holds hundreds of millions worth of shares in petroleum companies like Gazprom, Novatek, Bashneft and Lukoil

    Even if the value of their investments lower, they still haven’t pulled out any from Russia. The investments could be worth very little, but they still have something invested in Russia.

    Norwegian Government on February 28, 2022, ordered the Oil Fund to freeze all investments in Russia and prepare a plan for divesting with the goal of totally exiting the Russian stock market

    What’s stopping them?

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  • [–] 37 points 2 years ago (9 children)

    The value of their investments is lower because they've been pulling out of Russia. The article you sent says they've slashed the value down by 90%, and they're still going. Liquidating hundreds of millions in stocks while getting a decent value out of them takes time, and so far they've done a pretty good job selling off 90% of their Russian holdings with just a few more millions to go

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    [–] 51 points 2 years ago (9 children)

    I mean, the US has been helping Saudi Arabia starve and destroy Yemen for eight years now. Aren't we also a sponsor of war?

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  • [+] 21 points 2 years ago (2 children)
  • [–] 6 points 2 years ago

    There have been plenty of times they were, though name any country with 200+ years of existence and I'll show you how they aren't the good guys either from certain points of view. Ask Africa how they feel about some of the perceived "good guys" in the EU

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    [–] 51 points 2 years ago (1 child)

    All the more reason to stay away from soda

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  • [–] 44 points 2 years ago (1 child)

    The title is incredibly hard to understand.

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    [–] 43 points 2 years ago* (last edited 2 years ago) (4 children)

    Also:

    • Don't import Coke from Mexico--the anchor bottler also has a stake in Heineken (soup)
    • Don't drink Dr. Pepper until Mondelez quits Russia or DPS
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    [–] [B] 35 points 2 years ago (1 child)

    This is the best summary I could come up with:


    The Finnish parliament will no longer carry Pepsi products as the American soft drink giant continues to support the Russian economy by continuing its operations in the aggressor country, Finnish news outlet Yle reported on Sept. 5, citing the manager of the parliament’s restaurant.

    Pepsi products that had already been received have been removed from the shelves.

    Earlier, MP Tuomas Kettunen demanded that the parliament building stop selling Pepsi products.

    Pepsi and Mars were added to the international sponsors of war list on Sept. 1 by Ukraine’s National Agency on Corruption Prevention (NACP) for continuing to operate in Russia after the invasion and continuing to pay taxes to the aggressor state’s budget.

    Earlier, the media reported that Mondelez, Mars, and PepsiCo recorded a significant increase in sales in Russia in 2022.


    The original article contains 131 words, the summary contains 131 words. Saved 0%. I'm a bot and I'm open source!

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    [–] 17 points 2 years ago (3 children)

    So what sodas CAN I drink?

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  • [–] 7 points 2 years ago (2 children)

    IDK, I guess you could get a soda stream /s

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  • [–] 13 points 2 years ago* (6 children)

    I have a genuine question that maybe somebody with more economic knowledge can educate me in:

    How is continuing the sale in Russia helping Russia? As I understand Russia is gaining money on the sales taxes, etc. but the rest of the earnings will go to the US parent company, which cannot be taxed directly by Russia. If Pepsi backs out, wouldn't operations just be replaced by a rebranded russian company, where all of the earnings would be under russian "sphere of influence"?

    I genuinely do not understand why Pepsi backing out is considered bad for Russia. I thought countries generally prefer national companies over foreign ones.

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  • [–] 25 points 2 years ago (2 children)

    Because Pepsi doesn't just manifest out of nowhere in Russia. They are brining need for supplies, transportation, repair, maintenance etc.

    In other words economic movement and income for the country.

    Could some other fully Russian company take over the same thing? Maybe, but not without startup investment and knowledge. All of that isn't free, and if an economy is unstable, no-one is going to commit money into it.

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  • [–] 6 points 2 years ago

    Could some other fully Russian company take over the same thing?

    That's how Fanta became a thing after Coca Cola withdrew from Germany in WWII.

    Using that example, yeah there's an economic cost to doing that. They may not be able to get the ingredients they could get before and would have to do some work in coming up with a new recipe with the ingredients they have available. Figure out supply chains for the new ingredients, all that kind of thing.

    Also consider what happened with Fanta after the war. Coca Cola returned to Germany and resumed ownership of their bottling plants. "Oh people actually like this Fanta thing you came up with while we were gone? Yeah that's cool... we own that now."

    How much is someone going to invest in a company that is operating in a bottling plant owned by Pepsi, who may return and take it all over again after Putin is gone?

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  • [–] 6 points 2 years ago (1 child)

    Maybe, but not without startup investment and knowledge. All of that isn't free, and if an economy is unstable, no-one is going to commit money into it.

    At least the knowledge is already there. Pepsi is not going to take the workers in Russia away with them. And as far as I know the investment is mostly the cost of buying the assets from the western company. For example the russian McDonalds branch just reopened with a new name at the same locations.

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    [+] 13 points 2 years ago* (last edited 2 years ago)
    [removed by mod]
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  • [–] 12 points 2 years ago (3 children)

    Maybe Im dense but why does the Finnish government carry a soda anyway?

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