The Jewish state has not taken any sanctions against Moscow. Business relationships continue.
Israel has become a promised land not only for a few oligarchs, but also wealthy Russian investors and savers looking for a safe haven. The Jewish state indeed has the immense advantage of refusing to join the international sanctions against the regime of Vladimir Putin. Result: Several hundred million dollars have been transferred since the start of the invasion in Ukraine to Israeli banks, according to the local business daily calcalist. But this windfall is only the tip of the iceberg.
This Russian economic presence is visible to the naked eye. Taxis and quick-order grocery delivery people carrying the Yango Deli logo continue to circulate as if nothing had happened on the streets of Tel Aviv. However, it is a subsidiary of Yandex, a giant-like group nicknamed the “Russian Google”, with multiple activities. Following US and European sanctions, its CEO and co-founder…
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