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    A Story About Arab Woman Artist Shurooq Amin Who Liberated Her Art Through NFTs

    An artist from Kuwait, Shurooq Amin, told in an exclusive interview with DailyCoin, about her battles as a woman artist in an Arab country and how NFTs helped to liberate her artwork and achieve sovereignty in a society, where men dominate, and women are still discriminated against.“My reason for being part of the NFT community is the freedom from censorship. For me, an artist, the ultimate thing is Web 3.0, which is autonomy. No one can censor me,”
    Amin told DailyCoin.Amin has been a traditional multidisciplinary artist for the last 30 years – producing acrylic paintings, art installations, and video art. When Amin was 40 years old and pregnant with her fourth child, she decided to divorce her husband, which is a shocking and unacceptable move in Kuwait’s patriarchal society.“As Arab Muslim girls, we go from our family’s home to our husband’s home, and we’re dependent on the men for everything. I wanted to break out of that.”
    She then found out that no one would rent her an apartment or give her a loan – all doors were closed to a divorced single mother. “It was almost like living in the dark ages, almost like I had gone back 200, 300, 500 years. It was unbelievable. I got so angry, and frustrated that I expressed everything I was seeing around me on canvas,”
    the artist explained. She created a physical art exposition in Kuwait, which focused on the moral hypocrisy of the Arab Muslim society. Three hours after the opening of the exhibition, the Secret Service came and shut it down, removed paintings from the walls, and investigated Amin for several months. She was blacklisted by the government, her work was banned in Kuwait. Fortunately, the artist got adopted by a gallery abroad and started showing her work outside of her native country.Amin established her name – she became the first Kuwaiti artist to get invited to the Venice Biennale and to have artwork auctioned at the historical Christie’s Auction House. As she got many accolades during her years abroad, in January 2020, Amin was invited back to Kuwait. The same month after the artist returned to her home country, she did a large show. Again – the police came in with the Secret Service Ministry of Information and removed all of her work. It became another scandal that went all through the media outlets in Kuwait.Art to Expose the Hypocritical Society NormsAmin created collections called ‘Society Girls,’ ’It’s a Man’s World,’ and ‘Popcornographics.’ Her art criticizes the traditional norms and religious morals. She condemns society, where a woman must be a virgin before marriage (even if she is 40-50 years old), while this completely excludes men, who can have sex with as many partners as they want. Her art exposes corruption in politics and talks about adultery, uncovers the hypocrisy of the religious mullahs (religious leaders), as they preach about Islam, but then get caught in Cancun, drinking and partying with prostitutes. “It’s okay for a man to have mistresses, but if a woman is caught having sex with another man, it’s okay to kill her. We still have honor killings in 2022. ‘Article One’ in our constitution says that if a man finds out that his wife, daughter, mother, sister, cousin, or niece has slept with a man who is not her husband, he’s allowed to kill her, and he will not go to jail.”
    The most popular artwork by Amin is the ‘King of Hearts,’ which depicts a never-seen-in-reality image of an Arab Muslim man kissing an Arab Muslim woman. In Muslim countries, it’s illegal to show affection in public and those who kiss can easily end up in prison. To have an image of a man wearing a traditional Arab costume and kissing a woman is very harsh and in-your-face, thus the painting caused an uproar in Kuwait and was banned. Yet it’s simply a beautiful image depicting love.Amin’s newest collection called ‘They Wanted Camels I Gave Them Camels’ is a sarcastic response to haters and critics that have been judging her work with the following questions: ‘Why is she doing this? Why is she painting these things about our culture? Why doesn’t she paint camels and beautiful deserts? Our beautiful culture? Why is she painting these messages? Why is she showing us in a bad light?’The Camel Skull collection is dystopian, dark, and twisted with an ironic response to the criticism. Amin used bright colors, beautiful women, and aesthetically pleasing pictures to take the focus away from its harsh message.Being a Female Artist in a Muslim CountryIn Kuwait, art is perceived as a hobby and not a career path. In addition, Arab men have a much easier chance in the art world, because they can get out of the house, and travel, they have more opportunities. There’s still the double standard in society – patriarchy, where sadly only men are running the show. “A lot of people have told me that if I was a man, who had painted such paintings and exposed such messages, I would not have been treated this way. I was treated this way because I was a woman who dared to go against them. But if I was a man, it would have been a different story,”
    Amin shared.“No one is doing what I’m doing. I’m the only one that’s not scared to do what I’m doing and put the work and the message out there and expose the hypocrisy. A lot of people misunderstand my motive. My motive is not that I hate my country, or I hate my religion. It’s not that at all, it’s quite the opposite. My motive is to open a dialogue, have people talk about issues, to fix the rot,”
    she added.Achieving Artistic Freedom Through NFTsAfter Amin’s return back to Kuwait and the sudden closure of her second exhibition, COVID-19 appeared and shook the world in February 2020. The pandemic shifted the government’s attention from Amin to the global health crisis – her investigations were postponed. During the worldwide lockdown, when everything became ‘online,’ Amin discovered NFTs. Throughout 2020, she researched, read, and tried to understand the new technology, and in early 2021, she began minting and listing her art.“With NFTs, I can put my art out there and the government cannot capture, remove, censor, or ban it. The art is out of the government’s hands, Web 3.0 is bigger than them. So for me, NFTs were a breath of oxygen, a breath of fresh air, it was like: ‘wow, this is amazing, I can finally get my art out there with no censorship.’ I got into NFTs for freedom – to actually find freedom in my self-expression, in my art, in my message, to have my message uncensored.”
    Many still think that NFTs are a scam and not useful. Though people said the same thing about the internet when it first came out – no one believed in it, the artist spoke. “People said the same thing about cryptocurrency when Bitcoin came out, and now look: those, who bought crypto, a long time ago are very rich now. And people who invested in the internet a long time ago, are very rich now. And it’s not about the money, it’s just simply about the fact that this is a natural evolution in technology. And because we, as creators, are really sick and tired and fed up with being censored and being told what to do. That’s not art, that’s not true creation, it’s not even just about being a painter: whether you’re a musician, a photographer, a dancer, a videographer, or a screenwriter, you will find your freedom in this space, because we were all going to end up in the metaverse. That’s the fact. It’s just a matter of having the vision, some artists have that vision, some don’t.”
    Amin sells her NFTs via OpenSea and has established a long-term partnership with the “Give Kuwait” platform, which is a gateway to internationally registered-verified charities around the world. The artist donates 50% of all her NFT sales and every month, they choose a different charity and provide a link to see where the money’s going, for full transparency.EMAIL NEWSLETTERJoin to get the flipside of cryptoUpgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.[contact-form-7]
    You can always unsubscribe with just 1 click.Continue reading on DailyCoin More

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    ECB expects to hike rates after ending bond buys in Q3: Schnabel

    CERNOBBIO, Italy (Reuters) – The European Central Bank plans to raise interest rates some time after winding down its bond purchase programme in the third quarter of this year, ECB board member Isabel Schnabel said on Saturday.The head of the ECB’s market operations said net asset purchases would be concluded in the third quarter, as long as data supported the expectation that medium-term inflation outlook will not ease.”We will hike interest rates some time after, as appropriate, in light of incoming data,” Schnabel said at an event in Cernobbio in northern Italy.Annual consumer price growth hit 7.5% in March, the highest reading on record, as Russia’s war in Ukraine is pushing up food and fuel prices, leaving consumers in the West poorer.”The speed of normalisation … will depend on the economic fallout from the war, the severity of the inflation shock and its persistence,” Schnabel said.Accelerating price growth is leaving the ECB, and other major economies’ central banks with an acute policy dilemma. Inflation on its own would warrant monetary tightening, especially since record low unemployment foreshadows higher wages, the precondition for durable inflation. But policy tightening now could crash an economy that is already near stagnation as the war in Ukraine saps consumer spending power and depresses business investment. Still, Schnabel said inflation risk was skewed towards even higher readings given sharply rising producer prices, structural economic changes like de-globalisation and likely wage hikes.The ECB’s mandate is price stability so it should prioritise that in the face of high inflation while governments could support economic growth through targeted fiscal measures, avoiding overly expansionary policies that would complicate the bank’s task, she said. “A central bank that is perceived as being committed to protecting its mandate can contain inflation at a lower economic cost,” by bringing down inflation expectations, she said. The ECB will next meet on April 14. At its last meeting, it decided to end bond purchases in the third quarter but made no further policy commitment, arguing that policy must remain flexible.Both the U.S. Federal Reserve and the Bank of England have begun monetary tightening. More

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    Australia, India sign trade deal in virtual ceremony

    The Australia-India Economic Cooperation and Trade Agreement was signed in a virtual ceremony by Trade Minister Dan Tehan and India’s Minister of Commerce & Industry, Piyush Goyal.Australia’s Prime Minister Scott Morrison and India’s Prime Minister Narendra Modi witnessed the virtual ceremony.Morrison is expected to call a general election within days, and has been eager to secure the trade deal before campaigning begins, having been in negotiations with India for a decade. Speaking to reporters in Tasmania, Morrison said the agreement with the world’s second most populous nation represented “one of the biggest economic doors there is to open in the world today”.“These are never all or nothing deals as far as we’re concerned, we see all of these as the next step and the next step and the next step,” he said, expressing both countries intention to build closer trade links.Morrison’s government is seeking to diversify export markets and reduce Australia’s dependence on its biggest trading partner China, after diplomatic spats led to Beijing sanctioning certain Australian products.The deal with India removes tariffs on more than 85% of Australian goods exports to India, worth A$12.6 billion, rising to almost 91% over 10 years.Tariffs will be scrapped on sheep meat, wool, copper, coal, alumina, fresh Australian rock lobster, and some critical minerals and non-ferrous metals to India.It will see 96% of Indian goods imports enter Australia duty-free.Both countries would continue to work towards a full free trade agreement, the federal government said on Friday.After signing the deal, Minister of Commerce & Industry Goyal said India wanted to progress a full free trade agreement with Australia in an “accelerated manner”.“Soon after this current agreement comes into force, we’ll get down to cracking the whip on the next stage to make this a comprehensive economic partnership,” he said.Trade Minster Tehan said he was confident negotiations would advance even if the Morrison government was replaced at the upcoming national election. Scott Morrison lags in the polls leading up to the general election due in May.“I have very strong hope, no matter who fills our chairs going forward, we’ll be able to … build on this ground-breaking agreement,” he said. More

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    Construction has resumed at 95% of China Evergrande projects, unit says

    Evergrande has resumed work at 734 developments in all of China as of March 27, including 424 projects recovering to normal construction levels, according to a post on Saturday on the official WeChat of the developer’s Pearl River Delta business unit. The post did not give a figure for Evergrande’s total number of developments.Evergrande is the world’s most indebted property developer, with over $300 billion in liabilities. It is struggling to repay bondholders, banks, suppliers, and deliver homes to buyers, epitomising a bloated industry suffering from the Chinese government’s deleveraging campaign.Evergrande will “continue to maintain the normal construction of the projects in order to deliver the buildings to the owners with guaranteed quality and quantity at all costs,” according to the post.Company Chairman Hui Ka Yan has pledged multiple times since 2021 that the company would resume construction work at full steam to ensure home deliveries.Hui told staff in February that the company aimed to deliver 600,000 apartments in 2022, according to a source with direct knowledge of the matter and media reports.”With the strong support from the provincial government, Evergrande’s Pearl River Delta business worked to accelerate the resumption of work and production,” Pearl River Delta said in the WeChat post. More

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    The Chinese Effect: WeChat closes the accounts of several NFT marketplaces

    However, it appears that social media giants are not waiting for the government to give the stop signal before taking action. WeChat, the most popular social media platform in China, has reportedly banned the accounts of several NFT marketplaces on grounds of facilitating cryptocurrency speculation. WeChat, in a statement, said:Surprisingly, the WeChat account of Tencent Magic Core was not affected by the clampdown. This has raised an air of speculation that the social media giant was targeting only small and medium scale businesses.As per China’s regulations, NFT marketplaces are required to register with the country’s Cyberspace Administration. Ironically, these platforms are not allowed to facilitate resales, making it more of a subtle dead end.According to an unnamed source, WeChat had already sent notices to the affected NFT marketplaces to provide proof of their qualification.Meanwhile, the Chinese government does not appear to be against owning NFTs. Rather, it frowns at speculative trading. On Alibaba’s Jingtan NFT platform, buyers are allowed to transfer NFTs for free after a hold period of 180 days.Continue reading on BTC Peers More

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    Ukraine's economy could contract 40% in 2022, ministry says

    (Reuters) – Ukraine’s economy shrank 16% year-on-year in the first quarter of this year and could contract 40% in 2022 as a result of Russia’s invasion, the economy ministry said in a statement on Saturday, citing preliminary estimates.”Areas in which remote work is impossible have suffered the most,” it said. More

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    Crypto pundits gather online to discuss innovation and national security

    After opening comments, the first of three questions posed to the panel concerned American innovation. Brito expressed hope that crypto would be allowed to develop with open access like the Internet did. He spoke of the process as letting “a thousand flowers bloom.” Zarate spoke of using blockchain technologies “to challenge U.S. adversaries.” It will be possible, Zarate said, to reinforce U.S. capital markets and the role of the dollar “if we have a say and a hand in how” the technology is developed. He mentioned, in particular, the use of dollar-denominated stablecoin to the nation’s advantage.Continue Reading on Coin Telegraph More