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Thomson ReutersJanuary 25, 2013 06:45
European stock 'fear gauge' hits near six-year low
PARIS, Jan 25 (Reuters) - The Euro STOXX 50 Volatility Index , or VSTOXX, Europe's widely-used measure of investor risk aversion, hit a near six-year low on Friday in a strong signal of growing appetite for equities.
The VSTOXX, based on put and call options on Euro STOXX 50 stocks, fell 3.5 percent to as low as 14.77, a level not seen since early 2007, before the start of the U.S. subprime crisis that triggered the world's biggest economic crisis since the Great Depression. (Reporting by Blaise Robinson; editing by Simon Jessop)
http://www.globalpost.com/dispatch/news/thomson-reuters/130125/european-stock-fear-gauge-hits-near-six-year-low
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Jaume Plensa's "Tel Aviv Man" at Art Basel, the world’s premier trade fair for leading galleries and collectors focused on modern and contemporary art.
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The front of the Art Basel building. This year’s show attracted 303 of the world’s top galleries from 36 countries, showing the works of more than 2,500 artists. It drew more than 62,000 visitors, a new record.
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Platform Gallery's Chen Wei and one of his "Recovery Room" series at Liste Young Artist's show. By the time the week was over he had sold more than 10 works, with prices ranging from $1,800 to nearly $3,000.
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A performance spectator admires some of the pieces at Basel Art.
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A performance piece at Scope. The man clutched a staff, on which a plastic container for motor oil with the BP logo was impaled.
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An installation piece at Basel Art.
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An installation piece with paper tubes at Basel Art.
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A gallery scene at the Scope Basel show.
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A sculpture of Sperone Westwater Gallery's employee, Michael Short, by Evan Penny.
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Evan Penny's sculpture of Michael Short.
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A woman views Jaume Plensa's "Tel Aviv Man," (Study) 2010, Galerie Lelong, Paris.
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Children play around Ai Weiwei's piece, "Field," 2010.
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Heimo Sobernig's "Black Cube" sits on display outside outside.
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A piece by Yayoi Kusama titled "Pumkin."
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