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IMF proposes US Treasury official as second-in-command
IMF proposes US Treasury official as second-in-command
by  AFP

The IMF has proposed appointing the US Treasury Department's chief of staff as its new number-two official, the Washington-based lender said Thursday. Katz, who is chief of staff at the Treasury Department, was a senior official in the department during Trump's first term as well.

Costs of Russian, Chinese cyberattacks on German firms on rise: report
Costs of Russian, Chinese cyberattacks on German firms on rise: report
by  AFP

Cyberattacks and sabotage, mainly from Russia and China, have caused record damages for German firms this year, the domestic spy service and a business group warned Thursday. While last year 39 percent of firms said they had been targeted by Russia, this year that number rose to 46 percent, with the same number reporting an attack from China.

New Picasso portrait unveiled at Paris auction house
New Picasso portrait unveiled at Paris auction house
by  AFP

A previously unknown portrait by Pablo Picasso of one of his lovers was revealed on Thursday after being put up for sale at auction in Paris with a reserve price of eight million euros ($9.5 million). Other paintings of Dora Maar have sold for many times more than the reserve price of $9.5 million for "Bust of a Woman With a Flowery Hat".

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