Mes: septiembre 2019

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(AP) ATHENS, Greece – In Europe’s most economically stricken countries, people are taking their money out of their banks as a way to protect their savings from the growing financial storm. Worried that their savings could be devalued, or that banks are on the verge of collapse and that governments cannot make good on deposit insurance, people in Greece, Spain and beyond are withdrawing euros by the billions — behavior that is magnifying their countries’ financial stresses. The money is being hoarded at home or deposited in banks in more stable economies. It’s a steady bank “jog” at the moment, not a full-bore run. But it threatens to undermine the finances of those countries’ already-stressed lenders. And if it does turn into a full bank run after Greece’s crucial election on Sunday, it could hasten financial disaster in Europe and help spread turmoil around the world. More in Europe in Crisis Since the Greek debt crisis broke in late 2009, deposits have fallen by 30 percent cent, as savers have slowly pulled some 72 billion euros ($90.24 billion) from local lenders, with total household and corporate deposits standing at 165.9 billion euros ($207.94 billion) in April, according to the latest data from the Bank of Greece. Spanish deposits have fallen about six percent over the past year. They dipped suddenly in April by about 3.1 billion, euros or 1.8...

NEW YORK CITY — The Weinstein Co. filed for bankruptcy protection on Monday with a buyout offer in hand from a private equity firm, the latest twist in its efforts to survive the sexual misconduct scandal that brought down co-founder Harvey Weinstein, shook Hollywood and triggered a movement that spread out to convulse other industries. The company also announced it was releasing any victims of or witnesses to Weinstein’s alleged misconduct from nondisclosure agreements preventing them from speaking out. That step had long been sought by New York State Attorney General Eric Schneiderman, who filed a lawsuit against the company last month on behalf of its employees. The Weinstein Co. said it has entered into a “stalking horse” agreement with an affiliate of Dallas-based Lantern Capital Partners as part of its bankruptcy protection filing in U.S. Bankruptcy Court in Delaware. That means Lantern has agreed to buy the company, subject to approval from the court. The company made the filing about two weeks after negotiations to sell the company to a group of investors fell apart. Lantern, which had been one of those investors, has now offered to buy most of the assets of the company and keep on its employees, the Weinstein Co. said. Other bidders also could emerge, particularly those interested in the company’s lucrative 277-film library, which includes award-winning films from big-name directors like Quentin Tarantino...

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