(MENAFN - AFP) Christie's auction house is hoping to set new world records with a Picasso valued at $140 million and a Giacometti worth $130 million, as New York's spring auction season kicks off Tuesday.
Pablo Picasso's colorful "The Women of Algiers (Version 0)," depicting a scene from a harem, will be up for grabs when Christie's puts it on the auction block May 11.
(MENAFN - AFP) Russian President Vladimir Putin ratified an accord Saturday to set up a $100-billion reserve fund for the so-called BRICS -- the five leading emerging economies that include Russia, China, Brazil, India and South Africa.
Moscow is expected to contribute $18 billion to the reserve, well behind the $41 billion China has promised to pour into the fund that was ...
(MENAFN - AFP) Prince William and his wife Kate's second child, due to arrive any moment after his mother went into labour on Saturday, will be born fourth in line to inherit the British throne, behind big brother Prince George.
Everyone below the new royal baby will move down a place, starting with William's brother Prince Harry who will drop to fifth position.
(MENAFN - AFP) Alcohol has resurfaced as a hot-button issue in Algerian politics, with ultra-conservative Muslims angered by plans to liberalise sales in a country torn between respect for Islam and freedom of choice.
With deeply-conservative Salafists threatening to take to the streets, Prime Minister Abdelmalek Sellal in mid-April blocked a circular issued by Commerce Minister ...
(MENAFN - AFP) Foreigners who break rules on buying Australian real estate will face up to three years in jail or fines of Aus$127,500 (US$100,050) for individuals and Aus$637,500 for companies under tougher rules unveiled Saturday.
In announcing the changes, conservative Prime Minister Tony Abbott said his government was in favour of foreign investment.