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by Louisa Buck Whatever else 2017 brings, there can be no doubt that it is a bumper year for major art events. Here are a few stand-outs in a very crowded calendar. The Grand Tour Once every decade, international contemporary art’s three most

A designer’s riverside flat is the perfect setting for a collection of contemporary art

John-Michael O'Sullivan Raimund Berthold’s apartment Playing to the gallery: contemporary art  adorn fashion designer Raimund Berthold’s apartment overlooking The Thames. Photograph: Sophia Evans for the Observer

BY 2016 has been a challenging year for the global economy, with two major political shocks in advanced economies – the UK’s decision to leave the EU, and the election of Donald Trump to the US presidency. In economic terms, the year has been defined by uncertainty, and consumers have reacted to this by reducing expenditure – with growth in global consumer expenditure slowing to 2.4% in real terms – the lowest rate of growth since the financial crisis. Our macro model was the focus of our economic analysis with the uncertainty facing the global economy highlighting the need to explore alternative growth scenarios.