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13.12.2010

Cinthia Marcelle Awarded 2010 Future Generation Art Prize

Cinthia Marcelle, a Brazilian artist who makes films, photographs, and installations, is the winner of the first Future Generation Art Prize, Carol Vogel reports for the New York Times. The award was announced in an award ceremony in Kiev, Ukraine, on Friday.

The new biannual $100,000 award is given to an artist thirty-five or younger by the Victor Pinchuk Foundation, a nonprofit organization founded in 2006 by its namesake, the Ukrainian billionaire and art collector. To ensure that the winner will keep working, $40,000 of the $100,000 must go into the production of art. Anyone can be considered as long as they apply online. When the prize was announced a year ago it attracted more than six thousand applicants from 125 countries on six continents.

The winner was chosen from a jury of arts professionals and artists who included Robert Storr, dean of the Yale University School of Art and director of the 2007 Venice Biennale; Daniel Birnbaum, director of the Moderna Museet in Stockholm and director of the 2009 Venice Biennale; and the artist Ai Weiwei.

Source: Artforum
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Condoleezza Rice: Over the Last Decade the World Experienced Three Global Shocks

14.09.2012

In 21st century, the world experienced three “global shocks” that have changed the world dramatically, said Dr. Condoleezza Rice, 66th Secretary of State of the United States in her special speech at the session on “The Future of the Global Order and Security” of the 9th Yalta Annual Meeting.

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Tactics employed by international financial institutions and European governments to combat the economic problems are to be changed, stated former Managing Director of the International Monetary Fund Dominique Strauss-Kahn at the session on "The Future of the World Economy" of the 9th Yalta Annual Meeting.

Alexei Kudrin: Debt Crisis May Result in Economic Stagnation in Europe

14.09.2012

European countries are to seek more drastic remedies to combat the debt crisis. In particular, to opt for national debt restructuring and their transfer to the market zone. Otherwise, the debt load would hamper economic growth in the euro-zone and result in economic stagnation, stated the Minister of Finance of the Russian Federation (2000-2011) Alexei Kudrin in the course of  “The Future and the World Economy” discussion at 9th Yalta Annual Meeting.

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