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EDVARD MUNCH

‘The Scream’ boosts Norwegian trade surplus

Norway's trade surplus leapt by an annualized 44.5 percent in May in the wake of bigger oil exports and the record sale of Edvard Munch's iconic painting "The Scream," official data showed on Friday.

'The Scream' boosts Norwegian trade surplus

The Norwegian Statistics Bureau SSB said the non-European Union country recorded a sharply higher trade surplus of 43.2 billion kroner ($7.1 billion) despite falling crude oil prices.

Exports were 15.5 percent higher in value owing to greater volumes of oil pumped from the country's huge North Sea reserves, while imports slipped by a modest 0.9 percent, the SSB data showed.

Exports got another boost from the record sale of "The Scream" in New York on May 3 for $119.9 million.

The painting is one of four versions of a work whose nightmarish central figure and lurid, swirling colours symbolized the existential angst and despair of the modern age.

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ART

Paul Gauguin’s ‘Mata Mua’ returns to Spain

One of French painter Paul Gauguin's most famous paintings, "Mata Mua", will return to a Madrid museum on Monday following an agreement between the Spanish government and its owner, who took it out of the country.

mata mua madrid
Toward the end of his life, Gauguin spent ten years in French Polynesia, where he completed some of his most famous artwork Painting: Paul Gaugin

The artwork had been on display for two decades at Madrid’s Thyssen-Bornemisza museum but in 2020 when the institution closed because of the pandemic, the painting’s owner Carmen Thyssen moved it to Andorra where she currently lives.

Her decision to take “Mata Mua” to the microstate sandwiched between Spain and France raised fears she would remove other works from her collection which are on display at the museum.

“It is expected that the painting will arrive today,” a spokeswoman for the museum told AFP.

mata-mua_gauguin-madrid

In 1989, Baron Thyssen-Bornemisza bought Mata Mua at the Sotheby’s auction in New York. Painting: Paul Gauguin

The artwork will go back on display to the public “a few days after” Thyssen signs a new agreement with the Spanish state for the lease of her collection, she added. The deal is expected to be signed on Wednesday.

Painted in 1892 in vivid, flat colours, “Mata Mua” depicts two women, one playing the flute and the other listening, set against a lush Tahitian landscape.

It is one of the stars of Thyssen’s collection of several hundred paintings which are on show at the museum, including works by Pablo Picasso, Henri Matisse and Claude Monet.

Her collection had initially been displayed at the Madrid museum as part of a free loan agreement signed in February 2002 that was subsequently extended.

But in August 2021 Spain’s culture ministry announced it had reached an agreement with Thyssen to rent the collection from her for 15 years for €97.5 million ($111.5 million), with “preferential acquisition rights on all or part” of the works. The collection includes a Degas, a Hopper and a Monet.

Aside from housing her collection of works, the museum displays the collection of her late husband, Hans Heinrich Thyssen-Bornemisza, the Swiss heir to a powerful industrial lineage who died in Spain in 2002.

The Spanish state bought his collection in 1993 from $350 million, according to the museum.

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