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Art and the banks; hip hop in Baltimore; Juan de Pareja, the artist enslaved by Velázquez

The Week in Art

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The Art Basel and UBS Global Art Market Report

The Art Basel and UBS Global Art Market Report was published on Tuesday. Melanie Gerles, an art market columnist for the Financial Times spoke to CNN's John Defterios about what we can learn from it. She said that despite bumper Paul Allen type sales of $1 billion or more, the top end is keeping the motor going in a very top-heavy market.

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