For Spanish and Catalan economies, no winners from standoff

FILE – In this Oct. 20, 2017 file photo, people wait to withdraw money from ATMs at a branch of CaixaBank, in Barcelona, Spain. The tension surrounding Catalonia’s push for independence has been a game changer for more than 1,500 companies, including Caixabank, that have moved their official headquarters out of the wealthy region in recent weeks. The companies fear that they will no longer be covered by Spanish and European Union laws if Catalonia manages to secede. Caixabank says it suffered a “moderate” but temporary run on deposits because of the crisis, but said it has since recovered. (AP Photo/Emilio Morenatti, File)