'Gathering storm' for global economy as markets lose faith
by Agence France-Presse from Economics | The Guardian on (#167S2)
The Bank of International Settlements warns that trouble has been brewing 'a long time' but central bank options are dwindling
A fragile calm in global financial markets has given way to all-out turbulence, the Bank of International Settlements has said, warning of a "gathering storm" which has long been brewing.
Related: Is the world economy having a 2008 moment?
Continue reading...