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News / 19 January 2009 | 13:30

Picture by "new artist" Putin fetches $1.1 million


A picture sketched by Russian Prime Minister Vladimir Putin has fetched 37 million roubles ($1.15 million) at a charity auction, according to Reuters .

The painting of snowfall seen through a window, finished by a professional artist, features a sprawling "Putin" signature and was introduced at Saturday`s auction with the words: "Here is a new artist."

The auctioneer started bidding at 20,000 roubles ($620), the same as the other lots, only to meet cries of "Let`s not be penny-pinchers" from the buyers, who demanded a starting price of five million roubles.

A black belt in judo, Putin has cultivated an image of a tough man, lionized by Russian media but so far not known for artistic talent.

An auction organizer said Putin had painted the picture in 20 minutes and then a professional artist filled in the details.

"Of all the paintings presented there, this was the best one," said a spokeswoman on Sunday for "Our Artists," the Moscow-based gallery which bought the painting.

The gallery, located in an exclusive wooded avenue just outside Moscow favored by oligarchs and top officials, said it would exhibit the painting to the public.

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13:19 In Davos, President Viktor Yanukovych took part in a World Economic Forum session “New Energy Architecture: Enabling an effective transition.”
10:10 In Davos, President Viktor Yanukovych took part in a session of the World Economic Forum titled "Energy for Economic Growth.” During the session, President Yanukovych brought up the issue of energy security of Ukraine, and told about the implementation of new technologies to use alternative and unconventional energy sources in our country.

24 January 2012
13:48 A Ukrainian delegation has left for Washington to hold talks with the International Monetary Fund (IMF), Ukrainian Finance Ministry spokesperson Viktor Kosarchuk has said.

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