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Last month the German state-owned bank Portigon AG of North Rhine-Westphalia, the rebranded successor of the WestLB which folded in 2012 during the financial crisis, decided to deaccession its entire art collection. The bank holds approximately 400-pieces of art, which includes works by Pablo Picasso, August Macke, Joseph Beuys, and Günther Uecker.

Now officials in the German state of North Rhine-Westphalia are preparing a plan to save the collection of the state-owned bank, Rheinische Post reported.

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About halfway through the 20th century, the international postwar artists who called themselves the Zero Group tried to hit the reset button. As they saw it, modern art had been irretrievably damaged by two world wars. The only thing to do was start over.

“The Art of Zero: Heinz Mack, Otto Piene, Günther Uecker and Friends,” at the Neuberger Museum of Art, takes us back to that clean-slate moment. Its artworks soothe and pacify with flickering lights, gentle kinetic movements and endless variations on the white-on-white monochrome.

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For the second year in a row, Dior will sponsor the Guggenheim International Gala.

The annual benefit is a two-night event that is scheduled to take place on Nov. 5 and 6 in New York City. This year, the event, which is often referred to as GIG, will honor Carrie Mae Weems, whose retrospective was on view at the Guggenheim last spring, as well as Heinz Mack, Otto Piene and Günther Uecker of the German artist group Zero and Beijing-based contemporary artist Wang Jianwei, WWD reported. Zero's work will be featured in "Zero: Countdown to Tomorrow, 1950s-60s" from Oct. 10 to Jan. 7, and Jianwei will be the focus of the exhibition "Wang Jianwei: Time Temple," which will be on view from Oct. 31 to Feb. 16.

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