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Whether the art market is in a correction phase or a downturn is discussed by Daniel Cassady for Artnews: "So, is the market 'corrected' from the Covid boom? It's hard to say. This year, the Federal Reserve has embarked on its most aggressive campaign of interest rate hikes since the 1980s, in an effort to curb inflation. While some have ... read more
In Paris, the art market casino game of waiting lists and allocation of scarce goods is still working or is working again, claims James Tarny at Bloomberg: "Several galleries had sold enough work that they were already sending out sales reports by mid afternoon, and over subsequent days collectors-giants in their own fields of finance or real estate or private ... read more
When a curator of a hip private art centre in Berlin mocks the victims on Instagram with pictures of the slaughter of peaceful festival-goers and celebrates the "poetic justice" of the terrorist action, the young man has obviously lost his ethical compass.The cynicism that speaks out of such statements, which are not even that rare on social media, is staggering. The criminals of Hamas, who ... read more
For an employee of Messe Schweiz, Paris+ director Clément Delépine, in an interview with Bettina Wohlfarth in the FAZ of 7 October, is unusually clear after initial PR-speak. Asked whether Paris is curbing its ambitions so as not to cut off Basel's water, he answers: "Certainly not! There is no desire whatsoever in Basel for the Paris+, for example, to hide its light under a ... read more
The Ukrainian internet database War & Art is not useful in its current form, Olga Kronsteiner writes in the Standard: "Anyone can report works of art via the website. Whether and in what form such reports are checked for plausibility is not clear from the information published there. The basis for the paintings, sculptures and ... read more
With its focus on art from North Africa and the Middle East, the Menart fair has established itself in Paris, which Werner Bloch visited for the Tagesspiegel: "But if you want to sniff out something new and discover perspectives beyond the traditional Western view, this is the place to be. 'Arab contemporary art has grown exponentially in importance in the ... read more