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Brazil Crisis Shrinks ArtRio, Rio's Showcase Art Fair

ArtRio looked poised to join the ranks of the world's most elite art fairs when it burst onto the scene five years ago and Brazil's booming economy was bursting with would-be collectors. But with the South American giant now mired in recession and pessimism about the future widespread, the fifth edition of Rio de Janeiro's showcase art fair is a pared-down and more modest affair. After four years of near-continual expansion, this year's fair — which opened to the public on...

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