for the first time in over three years as consumers turned away from the rising price of Big Macs. Below, we look at why the Golden Arches are in danger of losing their lustre, why American rap superstar Lil Yachty was brought on board to remix the Canadian menu, and who was responsible for the disappearance of Ronald McDonald.Wellington-Altus Private Wealth founder and chair Charlie Spiring maintained an ownership stake in the U.S. affiliate of Emerge Canada Inc.
The index also suggested the yuan is undervalued by 39 per cent. If Donald Trump is on the way back to the White House, China might be wondering how closely he is monitoring the Big Mac Index. (Although historyBefore we lay blame for the chain’s sales woes entirely at the feet of macroeconomic forces, we should note its chief executive also suggested – without saying so outright – that the company’s recent strategy of raising prices was not well-received.
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