Alexander Naslednikov’s only interest in international politics is how it affects his Moscow-based business. He works almost around the clock for his start-up, Gbooking, which is used by service providers such as hairdressers as an online booking service.
The 34-year old, who was born in the Soviet region now known as the country of Belarus, moved his business from Haifa to Russia’s capital in February 2014. That was a strategic decision at the time, he said.
A few weeks later, Russia’s president Vladimir Putin also made a strategic decision, when he sent his troops into the Ukrainian peninsula of the Crimea, annexing the territory.
Since then, the value of the ruble has fallen dramatically against the dollar and euro and investors are estimated to have shifted as much €130 billion, or $148 billion, out of Russia.