Spain’s galleries are protesting against high taxes—can Arco Madrid help voice their concerns?

The 45th edition of Arco Madrid, Spain’s premier contemporary art fair, is set to host 206 galleries from 36 countries at the Ifema convention centre. While the fair remains a vital commercial hub, it is currently overshadowed by a nationwide protest from Spanish galleries against the country's 21% VAT on art purchases. This tax rate is among the highest in Europe, significantly outpacing neighbors like Portugal and France, leading to concerns about international competitiveness and the classification of contemporary art as a luxury elite product.

Things to do on Wednesday, February 18

A wide array of cultural events are scheduled across Cyprus for Wednesday, February 18. These include the opening of a curated showcase of publications from the late archaeologist Vassos Karageorghis in Nicosia, a contemporary art auction featuring 82 works, a presentation by underwater photographer Sakis Lazaridis, a sold-out theatre performance in Limassol, and numerous ongoing exhibitions in Nicosia, Limassol, and Larnaca featuring both historic and contemporary Cypriot artists.

Yuan Fang’s Visceral Paintings at Skarstedt Confront the Body’s Fragility and Its Strength

Yuan Fang presents a new series of visceral abstract paintings at Skarstedt Chelsea, created after she was diagnosed with cancer. The works mark a shift from her earlier gestural abstraction, confronting the fragility and resilience of the body through intuitive, layered processes that evoke cycles of generation, decay, and rebirth. Fang, who gained international attention during the pandemic, joined Skarstedt last year and continues to attract collectors in Hong Kong and beyond.

Independent art fair adjusts as market slows

The Independent art fair in New York, running until 11 May, features 85 exhibitors—its largest edition yet—with 26 solo debuts. Amid a slowing art market, galleries are adjusting pricing strategies, with a notable increase in works priced between $10,000 and $20,000, which now account for about one-third of offerings. Several galleries reported strong sales during the VIP preview, including Long Story Short selling six works by Keita Morimoto and Ricco Maresca Gallery selling out its vintage board game collection for a six-figure sum. Co-founder Elizabeth Dee noted that VIP registrations were up 30% year-over-year, and dealers like Charles Moffett deliberately chose established artists to match collector comfort levels.

The Sports Are Just the Tip of the Iceberg. Here’s What Else to Expect From the 2028 Olympics.

Los Angeles is preparing a comprehensive Cultural Olympiad for the 2028 Olympic and Paralympic Games, led by LA28 senior vice president Dwayne Jones and executive director Nora Halpern. The program will feature free sports movie screenings, live music, food experiences, art installations, community events, and special exhibitions at local museums. Sixteen local artists have been commissioned to create posters honoring the games, with a dedicated gallery exhibition planned for July 2027. A new digital calendar and mapping tool will help residents and visitors navigate the cultural offerings, and institutions like LACMA, the LA Philharmonic, and the Museum of Latin American Art have already expressed support.

Jan Vorisek’s Flaccid Columns

Artist Jan Vorisek's exhibition at Arcadia Missa features sculptures titled IGBTTLTVOE (Elbow), created from mass-produced plastic moulds used for casting decorative Doric columns. The artist modifies these cheap, prefabricated objects with 3D-printed curved sections, bending them into flaccid, wormlike structures that undermine their intended classical dignity and function.

An exhibition centered on Bartholdi's Champollion, deposited in Nogent-sur-Seine

Une exposition autour du Champollion de Bartholdi, déposé à Nogent-sur-Seine

The Musée Camille Claudel in Nogent-sur-Seine is hosting a new exhibition centered around Auguste Bartholdi’s monument to Jean-François Champollion. The statue, recently transferred from the courtyard of the Collège de France by the Fonds national d’art contemporain, serves as the focal point for a display that explores the history and significance of the work. The exhibition provides a scholarly counter-narrative to recent ideological criticisms surrounding the monument's iconography.

Venice Biennale Opens Amid Strikes, Protests and Institutional Rupture.

The 61st Venice Biennale opened in May 2026 amid strikes, protests, and political unrest, rather than celebration. Coordinated by Italian labor groups and transnational coalitions, demonstrators targeted the Biennale's decision to allow participation by Israel and Russia during the ongoing wars in Gaza and Ukraine. The Art Not Genocide Alliance (ANGA) led protests against Israel's participation, while Pussy Riot and FEMEN activists staged a protest outside the Russian pavilion. The Israeli pavilion's relocation from the Giardini to the Arsenale added symbolic weight, with critics viewing it as institutional endorsement. The late curator Koyo Kouoh's vision for the exhibition, titled "In Minor Keys," emphasized tenderness and complexity, contrasting with the volatile atmosphere.

Federal Panel Considers Plan to Paint Granite Eisenhower Executive Office Building White

The Trump administration has proposed painting the granite Eisenhower Executive Office Building in Washington, D.C., white. The National Capital Planning Commission met on May 7, 2026, to review the plan, which was also submitted to the U.S. Commission of Fine Arts on April 16. That commission approved the idea conditionally, pending successful paint testing. The project, estimated to cost $7.5 million, has drawn over 2,000 public comments, most negative.

Iran Abruptly Drops Out of Venice Biennale as US and Israel’s War Continues

Iran has abruptly withdrawn from the 61st Venice Biennale, scheduled for May 9–November 22, 2026, reducing the number of participating nations from 101 to 100. The Biennale confirmed the withdrawal in a statement but did not provide a reason; Iran is now the only country listed without any artist representatives, though Aydin Mahdizadeh Tehrani remains listed as the pavilion's commissioner. The announcement comes as the Biennale opens to press amid ongoing controversy over the participation of Israel and Russia, whose pavilions have drawn protests from artists and politicians.

Seven-Foot-Tall Monument to Ramses II Discovered in Eastern Nile Delta Region

Archaeologists in Egypt have discovered the upper half of a 7-foot-tall statue of Ramses II at the site of Tell El-Faraoun in the eastern Nile Delta. Weighing over 5 tons, the fragment is believed to have originally been carved for a temple in the ancient capital of Per-Ramesses and was later relocated. The find was announced by the Egyptian Ministry of Tourism and Antiquities, with Hisham El-Leithy of the Supreme Council of Antiquities noting its importance for understanding how statues were moved and reused during the New Kingdom.

Foundation, a Prominent NFT Platform of the 2021 Boom, Shuts Down After Failed Sale

Foundation, a prominent Ethereum-based NFT marketplace that launched during the 2021 digital art boom, has announced it will shut down following a failed acquisition by the digital art company Blackdove. CEO Kayvon Tehranian confirmed that the platform has entered a one-year wind-down phase, urging users to migrate their assets as no other viable buyers exist in the current market. The closure follows the collapse of a deal that was intended to provide long-term stewardship for the platform, which had facilitated over $230 million in sales since its inception.

European Commission Tells Venice Biennale to ‘Clear Its Name’ Regarding Russian Pavilion or Risk Losing $2.3 M. Grant for 2028

The European Commission has issued a 30-day ultimatum to the Venice Biennale, threatening to withdraw a €2 million ($2.3 million) grant for the 2028 edition unless the organization addresses concerns regarding the Russian Pavilion's inclusion in 2026. The Commission alleges that hosting a government-funded delegation violates EU sanctions and provides a cultural platform for Russian state interests amidst the ongoing war in Ukraine. The Biennale's president, Pietrangelo Buttafuoco, must respond by May 11, just two days after the exhibition's public opening.

Archaeologists Uncover a 2,000-Year-Old Hillfort in Estonia

Archaeologists from the University of Tartu have discovered a 2,000-year-old Iron Age hillfort at Köstrimägi in Tartu County, Estonia. Using high-resolution terrain mapping, the team identified a 16,000-square-foot fortification featuring an unusual stepped rampart system that dates back to between 41 BCE and 9 CE. Despite its size, the site yielded few artifacts beyond pottery fragments and charcoal, suggesting a very brief period of occupation before it was destroyed by fire.

Remnants of 3,400-Year-Old Loom in Spain Sheds Light on Bronze Age Textile Production

Archaeologists in Spain have published new research on a remarkably preserved 3,450-year-old wooden loom, discovered in 2008 at the Cabezo Redondo site. The loom survived because a fire destroyed the surrounding Bronze Age village and a roof collapsed on it, charring and protecting the wood from decay. This rare find includes over 200 lightweight loom weights, suggesting the community was engaged in intensive production of delicate wool textiles.

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Faculty at the University of North Texas's College of Visual Arts and Design have issued an open letter protesting the abrupt and unexplained cancellation of a solo exhibition by artist Victor "Marka27" Quiñonez. The letter, addressed to university leadership, argues the removal violates UNT's own policies on academic freedom and non-discrimination based on content, and demands an explanation for the decision.

Masterworks Cofounders Face Legal Threats and Complaints

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Masterworks, a company that sells fractional shares of high-value artworks, is embroiled in a legal dispute with former executive Hai Min Tran. The company has filed a complaint in New York state court, alleging Tran resigned from his role as chief product officer before taking paternity leave and is now attempting to extract a financial settlement. Masterworks calls his subsequent claim of illegal termination "wholly meritless."

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Artist Eimear Walshe, who represented Ireland at the 2024 Venice Biennale, will stand trial alongside activists Áine Treanor and Aindriú de Buitléir, collectively known as the Shannon Three. They are charged with trespassing and illegally accessing a runway at Shannon Airport in County Clare during a 2024 protest where they raised a Palestinian flag and held a sign reading "US military out of Ireland." The protest, which shut down the airport for over half an hour, was staged on Land Day to draw attention to the conflict in Gaza and the use of the airport by US military and civilian aircraft allegedly transporting munitions to Israel.

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A portrait of Anne Boleyn at Hever Castle in England has been revealed through infrared reflectography to have been altered to show her hands, countering rumors that she was a witch with six fingers. Tree-ring analysis dates the painting to around 1583, during the reign of her daughter Elizabeth I, making it the earliest known likeness of Boleyn. The underdrawing lacked hands, suggesting the unknown artist deliberately added them to rebut claims by Catholic activist Nicholas Sanders that Boleyn had six fingers.

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Hope McMath, an artist and art history teacher at Douglas Anderson School of the Arts in Jacksonville, Florida, was removed from the classroom in September 2024 after posting about the assassination of Charlie Kirk on her private social media. An investigation by Duval County Public Schools found only a minor violation for profanity, but the district refused to reinstate her due to a concurrent state education board investigation. McMath is suing the school district, state officials, and Moms for Liberty, alleging her removal was politically motivated and violated her free speech rights.

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Cecilia Giménez Zueco, the amateur Spanish painter who became a global sensation after her botched 2012 restoration of a 1930 fresco of Christ, has died at age 94. The mural, Ecce Homo by Elías García Martínez, was housed in a church in Borja, Spain; Giménez’s unsanctioned touch turned Christ’s face into a monkey-like image, spawning the nickname "Beast Jesus" and a wave of online memes.

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Chanel has opened Espace Gabrielle Chanel, mainland China's first public library dedicated to contemporary art, at Shanghai's Power Station of Art (PSA). The 18,000-square-foot library, designed by Japanese architect Kazunari Sakamoto, holds over 50,000 books and audiobooks and includes an upgraded exhibition hall, a terrace overlooking the Huangpu River, and a 300-seat public theater. It will host the Archive of Chinese Contemporary Art. The library is part of Chanel's Next Cultural Producer program, launched at PSA in 2021 under the Chanel Culture Fund, which supports emerging practices in Chinese craft, architecture, and theater.

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Three Just Stop Oil activists—Luke Watson, Rajan Naidu, and Niamh Lynch—were found not guilty of criminal damage by a Salisbury Crown Court jury on October 31, after dyeing Stonehenge bright orange with a cornflour, talcum powder, and orange dye mixture in June 2024. The defendants argued their actions were protected under freedom of speech and protest rights (Articles 10 and 11 of the European Convention on Human Rights), and noted no lasting damage occurred. English Heritage CEO Nick Merriman acknowledged the distress caused but confirmed no visible damage, while the cleanup cost £620.

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NeueHouse, a high-end coworking space known for hosting art events, filed for Chapter 7 bankruptcy to liquidate its assets and closed all its locations on September 5. The company cited legacy liabilities as the reason for its demise, though specific debts remain unclear. NeueHouse had locations in New York, Hollywood, and Venice Beach, and was a hub for the art, fashion, media, and entertainment industries, cohosting events with ARTnews sister publication Art in America and Artnet.

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Danielle SeeWalker, a Húŋkpapȟa Lakȟóta artist and citizen of the Standing Rock Sioux Nation, settled a lawsuit with Vail, Colorado, after the town canceled her artist residency in 2023. The cancellation followed her posting of a pro-Palestine painting titled "G for Genocide" on Instagram, which linked Palestinian and Indigenous liberation movements. The American Civil Liberties Union sued Vail on her behalf, alleging First Amendment violations. Under the settlement, SeeWalker may hold a powwow in Vail for five years, and the town will host a non-public community forum on Israel and Palestine involving Jewish, Palestinian, Muslim, and other community leaders.

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The National Park Service announced it will reinstall a statue of Confederate General Albert Pike in Washington, D.C., after it was toppled and burned by protesters during the 2020 Black Lives Matter demonstrations. The agency shared an image of the bronze work being cleaned of corrosion and graffiti, citing federal historic preservation law and recent executive orders to restore pre-existing statues in the nation's capital. The statue is expected to return to public view in October, with site preparation beginning soon to repair its damaged masonry plinth.

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A group of high-profile art market veterans—Ed Dolman, Alex Dolman, Brett Gorvy, Philip Hoffman, and Patti Wong—have launched a new collaborative consultancy called New Perspectives Art Partners (NPAP). Unlike traditional advisory firms, NPAP operates on a flexible, project-based model where partners retain their existing roles and assemble only for high-level, specialized challenges. The consultancy aims to advise collectors, fiduciaries, and family offices on managing, growing, or dispersing significant collections, leveraging the partners' deep experience across auction houses, galleries, institutions, and advisory, with a global footprint spanning Hong Kong to Doha.

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Australian politicians are pushing back against UNESCO's concerns that ancient rock art in Murujuga, Western Australia, is endangered by the proposed expansion of the Karratha Gas Plant, operated by Woodside Energy. The site contains up to 1 million petroglyphs, some dating back 47,000 years, and UNESCO's advisory body ICOMOS has warned that industrial emissions are a major threat. Australia's environmental minister Murray Watt has disputed ICOMOS's findings, calling them factually inaccurate, while Woodside claims the expansion will help transition away from coal and achieve net zero by 2050.

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Thieves in Syria are looting ancient artifacts from archaeological sites like Palmyra, a UNESCO World Heritage city dating back to the 3rd century BCE, and selling them on Facebook Marketplace. The looting has surged since the overthrow of former president Bashar al-Assad in December, with traffickers listing funerary gold, statues, and mosaics alongside ordinary secondhand goods. The Antiquities Trafficking and Heritage Anthropology Research (ATHAR) Project reports that nearly one-third of its 1,500 Syrian cases occurred in December alone, and sales are happening faster than ever—mosaics that once took a year to sell now move in two weeks.

Metal Detectorists Unearth Norway’s Largest-Known Viking Coin Hoard

Two hobbyist metal detectorists, Rune Sætre and Vegard Sørlie, discovered Norway's largest-known Viking Age coin hoard in a field in Østerdalen, east-central Norway. Starting with 19 silver coins on April 10, the find grew to over 3,250 coins dating from the 980s to the 1040s, surpassing the previous record of 1,800 coins found in the 1800s. The hoard includes coins minted under Æthelred the Unready, King Cnut, and Holy Roman Emperor Otto III, as well as early Norwegian coins from after Harald Hardråde's return from Byzantium. The coins have been transferred to the Museum of Cultural History in Oslo for expert analysis.