NewsApp (Free)  Read news as it happens Download NewsApp
Available on    Rediff News  All News  » Business » Global
factors spell trouble for the stock market  Global factors spell
trouble for the stock market  Last updated on: August 11,
2014 12:03 IST   One of the issues about managing an open
globalised economy is that trouble can arrive out of left
field.   While World War II historians are familiar with
Donetsk, Luhansk, Sverdlovsk, Kharkiv and other dots on the map
of the Eastern Ukraine, it is unlikely that too many members of
the current Indian Cabinet have much acquaintance with those
parts.  Yet, trouble in those regions was responsible for the
loss of market value on Dalal Street in the last week.  In World
War II, the East Ukraine was one vast battlefield - Donetsk
itself saw as many as five battles between 1941 and 44 - as the
Germans invaded the Soviet Union, and were then driven out. 
The Great Patriotic War, as the Russians refer to it, was an
existential struggle between two ideologically o