Bankrupt Detroit's ability hold onto some of its artistic masterpieces could come down to the generosity of strangers. The city's emergency manager expects a report on the value of the 3,200 city-owned pieces at the Detroit Institute of Arts..
Bankrupt Detroit's ability hold onto some of its artistic masterpieces could come down to the generosity of strangers. The city's emergency manager expects a report on the value of the 3,200 city-owned pieces at the Detroit Institute of Arts.
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Detroit has become the largest city in U.S. history to file for bankruptcy. State-appointed emergency manager Kevyn Orr on Thursday asked a federal judge permission to place the city into Chapter 9 bankruptcy protection.
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Unions and Detroit's public pension funds are protesting a federal judge's ruling that Detroit is eligible for bankruptcy. The groups claim the city didn't negotiate in good faith, which is an eligibility requirement under Chapter 9. (Dec. 3)
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Detroit's emergency manager has filed a plan to restructure the city's debts in the wake of the largest municipal bankruptcy in US history.
The plan, awaiting approval from a bankruptcy judge, includes cuts to pensions and creditors to drive down the $18bn (£10.8bn) debt.
Funds would also be devoted to demolishing abandoned city properties.
The city initially filed for bankruptcy protection in July 2013.
'Best path forward'
'We must move swiftly to emerge from bankruptcy so that the financial distress harming the city can end,' state-appointed manager Kevyn Orr said in a statement.
'We maintain that the plan provides the best path forward for all parties to resolve their respective issues and for Detroit to become once again a city in which people want to invest, live and work,' he added.
Specifics of the debt relief plan include:
Creditors, including bond insurers, will receive an estimated 20% of their claims
Police and firefighter retirees will receive at least 90% of their pensions, and cost of living allowances will be eliminated
The Detroit Institute of Arts will keep its city-owned art collection, with assistance from foundations and private donors
$1.5bn will be allocated over 10 years to city infrastructure and technology upgrades
The plan is reportedly likely to face obstacles moving forward, including court appeals should it be approved in ba
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The confirmation trial for the largest municipal bankruptcy in U.S. history is scheduled to start today. The federal proceeding is designed to determine whether bankrupt Detroit's restructuring plan will be approved.
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Ranam in Detroit Kannada Movie Scenes | Rahman Warning to Leave Detroit People Free | Prithviraj
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Art exhibition in Delhi | Shastri Nagar Art Gallery | AA News | Art News
अक्सर कला प्रदर्शनी देश के पॉश इलाकों में ही नजर आती थी लेकिन अब यह आम लोगों के बीच भी पहुंच रही है। ऐसे ही एक क्षेत्र शास्त्री नगर में विश्व कला दिवस पर एक आर्ट गैलरी का उद्घाटन देश के जाने माने चित्रकार रूपचन्द ने किया।
दिल्ली के शास्त्री नगर में चित्रकला प्रदर्शनी 'आरंभ' का उद्घाटन हुआ।
उद्घटान के इस मौके पर आर्टिस्ट रूप चंद ने चित्रकला प्रदर्शनी के निदेशक शरू कुणाल बधाई दी कि उन्होंने आर्ट को ऐसे स्थान पर बढावा दिया है जहाँ जरूरत है।
राष्ट्रपति पदक पुरुस्कार से सम्मानित आर्टिस रूपचंद का कला एवं कला शिक्षा जगत में बड़ा योदान है। इनके शिष्य देशभर में ही नहीं बल्कि अब अमेरिका जैसे देश में जाकर भी कला इंस्टिट्यूट खोलकर कला की शिक्षा दे रहे है।
यह प्रदर्शनी 15 अप्रैल से 10 मई 2024 तक चलेगी। कला में रुचि रखने वाले लोग प्रतिदिन सुबह 11 बजे से शाम 7 बजे तक इसे देख सकते है।
Art exhibitions used to be seen mainly in posh areas of the country, but now they are reaching among the common people as well. In a similar vein, on World Art Day, renowned artist Roopchand inaugurated an art gallery in the prestigious locality of Shastri Nagar. The inauguration of the art exhibition 'Aarambh' took place in Shastri Nagar, Delhi. On this occasion, artist Roop Chand congratulated the director of the art exhibition, Sharoo Kunal, for promoting art in such places where it's needed. Artist Roopchand, honored with the Presidential Award, has made a significant contribution to the world of art and art education. His disciples are not only in the country but are now also opening art institutes in countries like America to provide art education. This exhibition will run from April 15 to May 10, 2024. People interested in art can visit it daily from 11 am to 7 pm.
Shastri Nagar art, aa news, art news,
national gallery of modern art delhi, national gallery of modern art, delhi, art gallery delhi, art gallery, new delhi, art, delhi art gallery, national art gallery
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The recent wave of children crossing the border has challenged the U.S. immigration system. One New York mother patiently awaits a decision on her children's status more than a year after her two daughters crossed the border. (Sept. 10)
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A Mexican man who is living in a Denver church basement to avoid a deportation order says he is afraid to leave because he does not know if he is covered by President Obama's executive order. (Nov. 21)
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एक Wine की बोतल की सेल्फ लाइफ क्या होती है? What is the shelf-life of a bottle of wine?
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