Beliefs and Markets
In beliefs, protests over a film that mocks the Prophet Mohammad continued across Lebanon, Afghanistan, Pakistan, and Indonesia. The negative effect on relations between the United States and the Muslim world overshadowed a report of potentially comparable significance within Christianity. At an international congress on Coptic studies in Rome, a Harvard professor presented evidence that suggests that Jesus had a wife.
In markets, several articles on classes of collectors and venues of sale reflect the dynamic nature, and perhaps expansion, of the art market. An article in The Huffington Post suggested that increasing disparity in wealth causes the record-breaking prices of late, while an article in Business Daily Live pointed out the distinction of art as an investment class due to the purely perceived value of art.
Moves by auction houses reflected speculation in the market. Sotheby's secured an arrangement with a Chinese firm in order to set up operations in Beijing, Christie's plans an exhibition in Baku, Azerbaijan, and an established auction house in Australia has moved into the gallery and e-commerce markets over the past year.
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