Article: Art Basel bullish: with the international art market seemingly unfazed by the world's current financial turmoil--at least judging from the results of recent auctions in London and New York--and its financial base more solid than ever, Art Basel is looking for another strong showing when it opens its halls to the art world June 4-8.(BUSINESS)

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More than 1,000 galleries--a record number--applied and some 300 were chosen to exhibit works by more than 2,000 artists of the 20th and 21st centuries at what is unquestionably the world's leading commercial showcase for contemporary and modern art.

And, once again, some 60,000 collectors, gallerists, curators, artists and enthusiasts from around the world will descend upon Basel for the art event of the year--an event which reportedly generated around $500 million in art sales in 2007.

Originally Art Basel was going to feature a trio of directors with American roots, but the recent resignation of Cay Sophie Rabinowitz has narrowed the ...

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