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Basel defies forecast of art market slowdown
Basel defies forecast of art market slowdown
Business and Economy
by  AFP

The Basel contemporary art fair this week defied forecasts of a market slowdown, with wealthy collectors buying works with seven or eight-figure price tags. Some 284 galleries representing more than 4,000 artists are represented at the fair in the Swiss city, which for one week every year becomes the centre of the global contemporary art market.

Forest fire risks mount in drought-hit Nordic nations
Forest fire risks mount in drought-hit Nordic nations
Business and Economy
by  AFP

"I need water", pleads farmer Lars Jonsson, casting a desperate eye over a parched field in eastern Denmark where the only shade is that cast by wind turbines. I have to look at what I will be planting in my fields in the future," says Jonsson, who also grows rye and wheat in a region were grain irrigation is prohibited.