A museum in Italy is burning artworks from around the world to protest harsh austerity cuts by the Italian government.

Head of the Casoria Contemporary Art Museum in Naples Antonio Manfredi started burning paintings on Tuesday and does not intend to stop destroying art unless the government reverses its decision, the BBC reports.

For a new film festival in Thailand called Film on the Rocks Yao Noi, an outdoor cinema was constructed in the most unlikely of places: right on top of the water.

The amazing venue is called the Archipelago Cinema and is tucked away inside a bay surrounded by towering island rocks and lush jungle plants.

A painting by Pop Art king Andy Warhol depicting rock ‘n’ roll king Elvis Presley as a cowboy gunslinger is expected to fetch $30-$50 million when it goes on sale in May.

“Double Elvis,” executed in black and silvery white in 1963, “is a seminal piece from the iconic series devoted to the singer,” Sotheby’s said. The painting “epitomizes the artist’s obsessions with fame, stardom and the public image.”

The late Chinese artist Zhang Daqian was the best-selling artist at auction in 2011 while Spanish great Pablo Picasso dropped out of the top three.

Chinese artists dominate the top end of the art market. Zhang’s compatriot Qi Bashi was the second top seller and six Chinese artists in all were in the top ten, while Chinese art accounts for 40 percent of sales by value.

“China, which has held the top spot in art auctions since 2010, took two of its star artists to the head of the annual table in 2011,” said the founder of Artprice.

MB&F’s M.A.D.Gallery is now open in Geneva on Rue Verdaine, a stone’s throw from their offices and atelier in the heart of the city’s old town.

MB&F created the Gallery in order to situate their “Machines” in an appropriate context and along the way they have discovered kindred spirits in the world of kinetic art.

Inside the gallery, not only will you find the complete range of MB&F’s Horological Machines and new Legacy Machine No.1, but you’ll also have the pleasure of discovering discovering “Mechanical Art Devices” from around the world.

The 2011 911 Speedster art car was created by famous artist Miguel Paredes in collaboration with Champion Porsche for the 2011 Art Basel.

Miguel Paredes, born and raised in New York’s Upper West Side, is an urban realist that specializes in New York graffiti art.

Paredes designed a psychedelic Japanese-inspired visage on the 911 Speedster, replete with colorful tones, a geisha on the hood, and lots and lots of flowers.