Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

European Commission Recommends Withdrawal of Venice Biennale Grant, UNESCO Reviews ‘Black Cube’ in Florence, and More: Morning Links for July 13, 2026

July 13, 2026

Krug's new releases: Two vintages for the ages

July 13, 2026

Saba in talks with two ‘leading’ UK property managers over Workspace portfolio

July 13, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

European Commission Recommends Withdrawal of Venice Biennale Grant, UNESCO Reviews ‘Black Cube’ in Florence, and More: Morning Links for July 13, 2026

News RoomBy News RoomJuly 13, 2026
Share
Facebook Twitter LinkedIn Pinterest Email

The Headlines

EU TO PULL VENICE FUNDING? The European Commission has recommended the withdrawal of €2 million from the Venice Biennale as a dispute over Russia’s participation in the exhibition continues, the Art Journal reports. The move follows months of tension over the reopening of the Russian Pavilion, which returned this year after closing in the wake of Russia’s invasion of Ukraine. EU executive vice-president Henna Virkkunen said the recommendation followed an assessment of the Biennale’s justification for allowing Russia’s participation, arguing that publicly funded culture should uphold democratic values. The Biennale previously defended its decision, saying it followed international rules and that the pavilion was never opened to the public. Moreover, the Biennale claimed, excluding countries from the show would amount to censorship. The European Education and Culture Executive Agency (EACEA) will make the final call.

FLORENCE’S CUBIST CRISIS. UNESCO is reviewing a dark, nearly 100-foot-tall redevelopment behind the façade of Florence’s former Teatro Comunale after fierce backlash over its impact on the city’s Renaissance skyline, the Art Newspaper reports. The luxury apartment project has sparked protests, public outrage and a criminal investigation into 15 people involved in its approval and construction. Eike Schmidt, a former director of the Uffizi Galleries, is reportedly among those who have complained to UNESCO, which is now assessing whether the development is compatible with Florence’s World Heritage status. Losing the designation would be an extreme last resort.

The Digest

A Nazi-looted art hunt is underway in France, with the Musée des Beaux-Arts d’Orléans searching for hundreds of missing works—including pieces by Chardin, van Dyck, and Holbein—believed to be worth more than €100 million. [The Times]

Around 100 early works by Claude Monet have been brought together in Le Havre for a rare exhibition exploring the artist before he became the defining figure of Impressionism. [The Guardian]

Australia’s Museum of Old and New Art is going global, with plans for a major new Bangkok outpost that will become the Tasmanian institution’s first international branch and launch David Walsh’s unconventional museum model in Thailand. [The Art Newspaper]

A new Venice exhibition is bringing together more than 150 artists from over 30 countries across the Palazzo Mora, the Palazzo Bembo, and the MarinaressaGardens, exploring migration, movement and belonging. [Wallpaper]

The Kicker

STILL GOING BANANAS. Italian artist-cum-pranker Maurizio Cattelan has revisited the artwork that turned a banana and some duct tape into one of contemporary art’s biggest and most polarizing talking points. Comedian triggered a debate over value, authorship and what defines an artwork when it was first unveiled at Art Basel Miami Beach in 2019. More fuel was thrown onto the debate’s fire when the work sold for $6.2 million at Sotheby’s New York in 2024. Cattelan spoke to the Financial Times about the strange afterlife of the work, which has become both a symbol of the art market’s excesses and a reminder of his talent for turning absurd ideas into global spectacles.  

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Fashion Designer Stacey Bendet on Turning Her Manhattan Home into a Living Art Installation

Artists and Former Staffers Accuse Cape Town Gallery SMAC of Nonpayment and Withholding Artworks

ICOM Adopts New Museum Code of Ethics Taking Aim at AI, Colonialism, and Climate Change

US Returns Two Looted Bronze Buddha Statues, Sold by Disgraced Antiquities Dealer Douglas Latchford, to Indonesia

Heritage Auctions’ Record $1.41 B. First Half Suggests Collecting Is Getting Broader

Exhibition in Bogotá shows off more than 1,000 repatriated pre-Columbian artefacts – The Art Newspaper

Chua Mia Tee, Leading Singaporean Social Realist Artist, Has Died at 94

British Archeologists Find 5,800-Year-Old Neolithic Monument in Suffolk

Could Mexico’s treasured Kahlos leave the country forever? – The Art Newspaper

Recent Posts
  • European Commission Recommends Withdrawal of Venice Biennale Grant, UNESCO Reviews ‘Black Cube’ in Florence, and More: Morning Links for July 13, 2026
  • Krug's new releases: Two vintages for the ages
  • Saba in talks with two ‘leading’ UK property managers over Workspace portfolio
  • Small but mighty: Why Pinot Noir thrives in Martinborough
  • Domaine Juliette Avril: A lighter side to Châteauneuf

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

Krug's new releases: Two vintages for the ages

July 13, 2026

Saba in talks with two ‘leading’ UK property managers over Workspace portfolio

July 13, 2026

Small but mighty: Why Pinot Noir thrives in Martinborough

July 13, 2026

Domaine Juliette Avril: A lighter side to Châteauneuf

July 13, 2026

Event Voice: Your Questions Answered by Michael Stewart on the ETF synthetic replication

July 13, 2026
Facebook X (Twitter) Instagram
© 2026 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.