Word: marketing
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...STPI's artist residencies are generating ever-higher sums. Each of the 34 lithographic prints of the female nude Agus has produced, for example, is expected to fetch roughly $7,000 while bigger works will go for roughly $14,000. That's modest by the standards of the art market, where an Agus painting at auction can fetch over $100,000. Nonetheless this is far more than Asians have spent on prints in the past, and that's because the perception of printmaking is finally changing. Somewhere, far above the college dorms and dentists' waiting rooms, another realm of printmaking...
...Chichilnisky, a professor of economics and statistics at Columbia University, helped design the Kyoto Protocol's international carbon market. She is the co-author of Saving Kyoto
Makes sense, right? Stocks, risky. Bonds, safe. Or at least safer. But risk in financial markets has an irritating habit of following investors around. The big rush into bonds - especially high-quality, low-risk bonds such as Treasuries and government-guaranteed mortgage securities - may have created a situation in which most of today's bond investors are bound to lose money. Not 50% losses, as in the stock market, but losses nonetheless. Which for many newcomers to bonds will be a big shock...
...cleaning. You see, FPA New Income is a bond fund - a very successful one. The mutual-fund raters at Morningstar named Atteberry and his co-manager and boss, Robert Rodriguez, 2008's fixed-income managers of the year. Yet Atteberry sees only trouble ahead. "I've got a bull market in bonds that's unsustainable," he contends. "It might last another six months. It might last another year. Is it going to last another three to five years? I don't think...
...rquez its prize in 1982 in part to affirm the global influence of Latin America's magical realist tradition. Now, giving Rio the Olympics sends a strong signal to the rest of the developing world that the Brazilian model - the post-ideological mix of orthodox market economics and progressive social policy championed by Lula - is the one to follow. "The IOC decision is an embrace of Brazil's practical way of doing things the past two decades," says Paulo Sotero, director of the Brazil Institute at the Woodrow Wilson Center in Washington, D.C. He adds that Brazil is the only...