BIS warns global economy risks crisis 'relapse'

BIS warns global economy risks crisis 'relapse'

BIS warns global economy risks crisis 'relapse'The Bank of International Settlements said Sunday the global economy risked a "relapse" of the crisis that rocked it a decade ago, warning there was little "medicine" left to treat the patient a second time. "Things look rather fragile," BIS chief economist Claudio Borio told reporters in a conference call. "There is little left in the medicine chest to nurse the patient back to health or care for him in case of a relapse," he warned.




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