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Nov 22, 2013

Brazilian works fetch top prices at N.Y. Latam art auctions

NEW YORK (Reuters) – A triangulated aluminum sculpture by Brazilian artist Lygia Clark that sold for $1.8 million at Phillips’ Latin American auction, capped a week of regional art sales in New York in which Brazilian works commanded the top prices.

Clark’s 1960 “Bicho Invertebrado” (Invertebrate Animal) was the top item in the evening auction on Thursday, which brought in $6 million.

Nov 21, 2013

Wooden mazes by Brazil’s Camargo top Sotheby’s Latin American sale

NEW YORK (Reuters) – Red and white wooden mazes sculpted by Brazilian artist Sergio Camargo topped Sotheby’s Latin American art sale in New York on Wednesday, selling for $2.1 million and setting a record for the artist.

Camargo’s 1964 “Untitled (Relief No. 21/52),” a labyrinth of white cylinders with their tips slanting in different directions, fetched more than five times its pre-sale low estimate.

Nov 20, 2013

Tamayo portrait, Brazil abstract art top Latin American art sale

NEW YORK (Reuters) – Mexican artist Rufino Tamayo’s “Women Reaching for the Moon” fetched $1.4 million and was the top selling work in Christie’s Latin American art auction in New York, where contemporary Brazilian abstract artists also made a strong showing.

The Tuesday evening sale brought in $14.5 million, with 85 percent of the art works sold, and there was high demand for contemporary and modern artists, said Virgilio Garza, the head of Latin American art at Christie’s.

Nov 15, 2013

Colombia’s Botero, Mexico’s Tamayo lead N.Y. Latam art sales

NEW YORK, Nov 15 (Reuters) – A Fernando Botero reworking of
Paul Cezanne’s “The Card Players” and a Rufino Tamayo portrait
of women are expected to be the top-selling works in Latin
American art auctions next week in New York.

Sotheby’s predicts sales of up to $29.6 million for
its two-day sales on Nov. 20-21, and Christie’s says its total
for auctions on Nov. 19-20 could reach $22.2 million .

Nov 5, 2013

Colombian artist Botero relives boyhood love of circus in new book

NEW YORK, Nov 5 (Reuters) – Colombian artist Fernando Botero
showcases his enchantment with the circus, reliving the magic he
felt as a boy during his first visit to the big top, in a new
book “Circus: Paintings and Works on Paper.”

Botero, best known for his paintings of rotund people,
includes in his book 137 paintings, 31 drawings and 22
watercolors done in 2007 and 2008, depicting a magical world
where fantasy and reality are blurred.

Sep 26, 2013

South America studies how to curb U.S. ‘spying’: Ecuador

NEW YORK (Reuters) – South American nations are jointly exploring the creation of a communications system to curtail U.S. spying in the region, Ecuadorean Foreign Minister Ricardo Patino said on Wednesday.

He said the idea was to set up a common platform to “minimize risks of being spied on” and added the project was an outgrowth of the disclosures by former U.S. National Security Agency contractor Edward Snowden on U.S. spying worldwide.

May 30, 2013

Brazil’s Portinari tops Christie’s Latin American art sale

NEW YORK (Reuters) – A dream-like painting of children releasing kites by Brazil’s Candido Portinari sold for $1.4 million at Christie’s Latin American art sale and set a world auction record for the artist.

Portinari’s 1941 “Meninos Soltando Pipas” was the top seller at the Wednesday evening sale, which totaled $16 million and set benchmarks for other Latin American artists.

May 29, 2013

Uruguay’s Torres-Garcia tops Sotheby’s NY Latam art sale

NEW YORK (Reuters) – Pioneering South American abstract artists, led by Uruguay’s Joaquin Torres-Garcia, Brazilian Sergio Camargo and Venezuelan Carlos Cruz-Diez, were the top sellers at Sotheby’s Latin American art auction.

Torres Garcia’s 1931 “Composition Constructive,” fetched $1.4 million in the Tuesday evening sale, which totaled $14.7 million with records set for works by Venezuelan artists.

May 27, 2013

High hopes for Latin American art auction amid buoyant market

NEW YORK (Reuters) – Art experts are hoping strong interest from Asian buyers and a buoyant market, sparked by a record-breaking sale of contemporary art earlier this month, will boost two Latin American auctions in New York this week.

A bronze sculpture of a dancing couple by Colombian Fernando Botero and paintings by Mexican Alfredo Ramos Martinez, Chilean Roberto Matta and Brazilian Candido Portinari are expected to be the highlights of the sales at Christie’s and Sotheby’s.

May 21, 2013

Moody’s sees huge foreign borrowing by Venezuela

NEW YORK (Reuters) – Venezuela, under pressure to ease scarcities including milk, is likely to embark on large-scale foreign borrowing that will be “multiples” of what it had been in previous years under the administration of the late socialist President Hugo Chavez, a senior analyst for the Moody’s ratings agency said.

Speaking on Tuesday at the Reuters Latin America Investment Summit, Moody’s analyst Mauro Leos said Venezuela would likely borrow via bonds issued by state oil firm PDVSA.

    • About Walker

      "Walker Simon is a desk editor in New York specializing in emerging markets, particularly Latin America, where he was a long-time correspondent. Raised in Mexico, he joined Reuters in Mexico City and was posted to Lima, Caracas and finally Bogota, where he was the Andean bureau chief. Beyond the region, he has a wider geographic interest, whetted by knowledge of Spanish, Portuguese, German, French and Russian. Apart from editing, Walker writes frequently for the Reuters news service."
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