Stock markets around the world fell sharply on Monday amid fears of a
looming recession in the United States. The Prague Stock Exchange was no
exception. The PX’s main index ended trading down 4.62 percent at
1,489.6 points, its lowest closing figure for the last 15 months. The
markets
still appeared jittery on Tuesday, as nervous traders waited for Wall
Street to
reopen. So why does what happens 6,500 kilometres away in the United
States have such an effect on the economic pulse of markets far, far away
such as
the Czech Republic? That’s a question