#art-market

#art-market

Breaking into the New York art scene requires what is euphemistically called 'context,' which includes credentials like an MFA from Yale or similar degrees.

After a visitor consumed a banana worth millions of dollars at a French museum, artist Maurizio Cattelan expressed disappointment that they did not eat the skin and tape.

Judging by recent auction records that have been set by numerous artists from the Arab world and conversations with curators of major collections across the globe, it seems that demand for Arab art has expanded beyond the region into Western and Eastern collections.

The anticipated 'Trump bump' has ultimately given way to a 'Trump slump',” says Christine Bourron, the chief executive of Pi-eX. “Trump's 'Liberation Day' announcement introduced significant geopolitical uncertainty, casting a shadow over the global economy and unsettling buyer confidence in the art market.

"Now is the time to unite-dealers, curators, scholars, collectors-to defend the art trade as a guardian of global heritage," Mestdagh said in a press release.

"It's a momentous turning point," says Sirio Ortolani, the president of ANGAMC. "Italy can finally become a great international hub, attracting galleries from all over Europe and major fairs."

this prosecution, using specific Terrorism Act legislation, is the first of its kind and should act as a warning to all art dealers that we can, and will, pursue those who knowingly do business with people identified as funders of terrorist groups.

Out of 126 galleries taking part across town in central, south, east and west London, 15 are new participants, and of these, 11 are newly established.

Ojiri's refusal to disclose high-value art sales raises significant concerns about compliance in the art market, especially regarding transactions with suspected terrorists.

Hosting a showing of Pablo Picasso's art requires extensive overhead, involving loans from museums and significant costs, making such exhibitions high-stakes undertakings.

This lawsuit is a sham.

"It's really difficult to navigate. Everybody wants to do the right thing... Many of our collectors are buying once or twice a year, and their major buying moment is here at the fair."