Frédéric Martel has just completed an epic five year’ investigation of cultural industries throughout the world. Having weaved his way through 30 countries and conducted over 1,200 interviews; he unravels power relationships, information publication and the many and various strategies of those involved in his latest work “Mainstream”. So…Europe? Let’s take a look.
China keeps on buying bonds from the eurozone's troubled economies, a move that some find worrisome, though the sums are not as vast as they appear. In fact, it's more an indicator of China's strategy to turn Europe into an ally in its negotiations with the United States.
Real estate in big European cities is still too expensive for most potential buyers, especially as banks give out fewer loans. Prices are on the increase in London, but transactions are fewer. Meanwhile things are quiet on the real estate front in Rome, Paris and Madrid
Banned from the US, WikiLeaks has moved to Europe. The French Industry Minister wanted it booted from France too, but the site's French host provider, OVH, will not yield as long as the judiciary sits on the fences.
Invariably, exhibits of contemporary abstract art in history-laden surroundings spark controversy. But in the world of modern merchandising, there's no such thing as bad buzz. Europe's latest trend is deciphered below.