Source Pravda.Ru

Gorbachev fails to save Pizza Hut from bankruptcy

US-based fast-food restaurant chain Pizza Hut filed for bankruptcy due to decreasing sales and increased costs.

Lawyers at WK Capital Enterprises reported that 56 restaurants of the chain in various states were unable to pay the rent for January, The Wall Street Journal reports. The intention to sell the restaurant chain has not been announced yet. WK Capital Enterprises has not provided further details.

Ex-Soviet President Mikhail Gorbachev starred in an advertising campaign for Pizza Hut in late 1990s. Gorbachev's fee for the campaign was $160,000. The TV commercial, in which Gorbachev orders a pizza, while  all people sitting in the restaurant stand up and toast to his honor, was broadcast on TV channels internationally. Several years ago, Mikhail Gorbachev agreed to take part in the filming of a commercial for an Austrian railway group.

Pravda.Ru

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Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
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