“With private jets filling the air and lines of luxury limousines on the ready, deep-pocketed collectors from around the world have flocked to Switzerland this week for Art Basel, the biggest contemporary art fair on the planet. An estimated 110 private jets landed and took off from the Basel-Mulhouse airport, after 83 flew through there on Tuesday despite a strike that reduced the airport’s capacity and forced some wealthy patrons of the arts to change their travel plans. The art world appears to have bucked the global economic crisis, with income from global auction sales more than doubling since it hit bottom in 2009, passing eight billion euros last year.”
http://www.rawstory.com/rs/2013/06/13/art-basel-takes-art-world-by-storm/
Related posts:
Argentine leader's image falls as inflation soars
Microsoft Admits Windows 10 Automatic Spying Cannot Be Stopped
NYC Woolworth Tower Condo Priced at Record $110 Million
Entrepreneurs increasingly accepting 'bitcoins' in India
GCHQ taps fibre-optic cables for secret access to world's communications, shares with NSA
Canada Tried Registering Long Guns -- And Gave Up
Canada launches mission to map, claim North Pole
Philadelphia Borrows $50 Million So Its Schools Can Open on Time
In junta-ruled Thailand, reading is now resistance
Japan approves £73bn stimulus package
Hawaiian cannabis minister allowed to use religious defense
WaPo: The U.S. will never win the war in Afghanistan
The World’s Next Oil Shipping Corridor: The Arctic Ocean
The heavy hand of the IRS seizes innocent Americans’ assets
Swiss MPs endorse US tax compliance deal