Not sure which economic articles you have been reading in the FT, but the article I read this week reported on McDonald's Hamburger Chain pulling out of Iceland due to the weak Krona.....I am struggling to think of another country in the world where McDonald's has pulled the plug?
McDonalds haven't done anything. Many of their restaurants (all 3 in Iceland) are franchises, and the Icelandic franchisee is terminating the agreement, citing the high cost of having to import most of the ingredients from Germany. It isn't the first time something similar has happened, it also happened in Barbados and Bolivia for economic reasons, as well as Bermuda, Jamaica and Trinidad and Tobago.