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Love is in the Bin auctioned at record price

The artwork ‘Love is in the Bin’ by anonymous British street artist Banksy fetched 18.6 million pounds, a Banksy record price, during auction at Sotheby’s Auction House in London. The painting was famously shredded by the artist at the Sotheby’s auction in 2018 shortly after being sold.

A total of 44 valuable artworks were put up for sale at Sotheby’s Auction House. The artwork ‘S.D’ by Gerard Richer was sold at 9.6 million pounds, making it the second highest price in the auction.

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Iran Warns Europe Over Nuclear Dispute

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Iranian Foreign Minister Abbas Arakchi issued a stern warning to the UK, Germany, and France, accusing them of making a “new strategic mistake” regarding Tehran’s nuclear program. In a social media post, Arakchi said, “Iran will give a tough and determined response to the violation of its rights,” criticizing the European trio for backing a resolution against Iran at the IAEA Board of Governors.

Arakchi condemned the move as baseless, recalling past disputes in 2005 which led to the expansion of Iran’s uranium enrichment. “Have these three really not learned any lessons in the last twenty years?” he said.

Meanwhile, the IAEA reported on May 31 that Iran’s 60% enriched uranium stockpile had grown from 274.8 kg in February to 408.6 kg by May 17. In response, the UK, Germany, and France are reportedly preparing to refer Iran’s file to the UN Security Council, which could activate the “snapback” mechanism and reimpose UN sanctions.

 

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