Beyond a few wobbles, global markets have proved remarkably indifferent this year to political risks – whether Russia’s incursions into Ukraine, Iraq’s descent into chaos or democracy protests in Hong Kong, which have this week tested China, the

Source: www.ft.com

Markets are not boycotting Russia because of moral outrage; they remain apolitical. Historically, global investors are unafraid of backing dictators and despots. “They would get around their morals if the value was right,”

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