Jim Skinner: McDonald's well positioned in face of recession

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Jim Skinner: McDonald's well positioned in face of recession

November 14, 2008
McDonald's Corp is shielded against recession and has hardly been hit by the international financial crisis, Chief Executive Jim Skinner was quoted as saying on Thursday.

"Worldwide turbulence is barely affecting our business,"Skinner told Germany's Bild daily. "We are growing worldwide, especially in Europe we have significant gains at the moment -- also in Germany."