Exhibitions

MOSCOW, February 13 (RIA Novosti) - The...

we move into 2009, recent results and forthcoming consignments give good reason to remain positive about the global art market," Edward Dolman, Christie's chief executive officer, said.

Russia has been hard hit by the global financial crunch that was sparked by the subprime mortgage crisis in the United States last summer and quickly spread to the rest of the world.

The global financial crisis has slashed the total wealth of Russia's top 10 billionaires by 66% to $75.9 billion since last summer.



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