Germany Cancels Show Of Iran Shah s Art Trove

Davutoglu met on Saturday night with Basci, Vahdettin Ertas, the head of Turkey's capital markets board (SPK) and Cavit Dagdas, acting undersecretary at the Treasury at the prime minister's office along with Babacan. (Reporting by Humeyra Pamuk; Editing by Greg Mahlich)

A U.S. federal judge last month agreed to hear claims from the heirs of three Jewish art dealers who say the Nazis terrorised their families in 1935 into selling the collection at just 35 percent of its market value.

The Turkish lira hit a record low of 2.6470 to the dollar on Friday, following a week of losses, weighed on by demands from Erdogan that the bank should cut interest rates more sharply. At one point he said anyone who defended high rates was guilty of "treason".

"Developments in domestic and foreign markets over the past couple of weeks have been discussed in the light of the prime minister's assessments based on his impressions of meetings with foreign investors during his New York visit," one of the sources said on Sunday.

ISTANBUL, March 8 (Reuters) - Turkish Prime Minister Ahmet Davutoglu met central bank governor Erdem Basci and senior economy officials late on Saturday following his arrival back from New York to discuss the lira's weakness, sources at the premier's office said.

The Prussian Cultural Heritage Foundation (SPK), which manages Berlin's main museums, said it had agreed a deal with the Tehran Museum of Contemporary Art for a major exhibition of the collection in the German capital from December until February next year.

In case you have virtually any queries concerning exactly where as well as tips on how to use rockndata.Net, it is possible to email us on the webpage. Since the Islamic revolution of 1979 that overthrew shah Mohammad Reza Pahlavi, the works assembled under the patronage of his wife Farah Pahlavi have not been shown together outside Iran before, according to the SPK.

He said SPK had returned more than 350 works of art, including a van Gogh drawing and a painting by Caspar David Friedrich, and more than 1,000 books from its collections in response to over 50 restitution claims since 1999.

"SPK's long-standing practice shows that we are committed to the fair and just resolution of legitimate claims to Nazi-confiscated art, consistent with the Washington Conference Principles - this has not changed," Parzinger said in a statement.

The Prussian Cultural Heritage Foundation (SPK), which manages Berlin's main museums, said Iran's refusal to issue the necessary paperwork forced it to cancel the exhibition that had been agreed with the Tehran Museum of Contemporary Art.

The U.S. Food and Drug Administration has yet to approve any gene therapies but Europe has approved two - a treatment from GlaxoSmithKline for a rare immune disorder in babies and one from uniQure NV for a serious blood condition.

Davutoglu, Deputy Prime Minister Ali Babacan and finance minister Mehmet Simsek met fund managers and bankers in New York last week in an attempt to allay concerns about the central bank's independence, fuelled by President Tayyip Erdogan's criticism of the bank and its policies.

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Research into gene therapy, which aims to insert corrective genes into malfunctioning cells, goes back a quarter of a century but the field has experienced multiple setbacks and been plagued by safety concerns.

The agreement was marred, however, in May when the Tehran museum director Majid Mollanoroozi handed out an award for an antisemitic cartoon about the Holocaust, sparking protests from Israel and Germany.

Jackson Pollock's "Mural on Indian Red Ground," pictured on November 20, 2015 at Tehran's Museum of Contemporary Art, may be part of a collection assembled under the former shah of Iran that will be displayed in Berlin ©Atta Kenare (AFP/File)

The Welfenschatz was collected for centuries by the Brunswick Cathedral in Brunswick, Germany, according to court records. In 1929, a group of Jewish art dealers in Germany bought the art from the Duke of Brunswick.

In November last year the Tehran Museum of Contemporary Art held an exhibition of 42 works by Western artists from the Shah's collection, including Pollock's masterpiece "Mural on Indian Red Ground", valued by Christie's auction house experts in 2010 at $250 million (220 million euros).

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