Facebook doubles fourth quarter profits to $1.56bn

Photo: Getty Images

 

Social media giant Facebook said that profits more than doubled in the fourth quarter of 2015, the BBC reports.

Net profit for the three months to December rose to $1.56bn, up from $701m.

The company also said that 80% of its advertising revenue in that period came from mobile advertising, up from 69% a year earlier.

Shares jumped 8.7% in after-hours trading in New York on the better than expected results.

Revenue for the full year jumped 44% to $17.9bn, with net profit rising about $800m to $3.7bn.

The results mean that Facebook has now beaten analysts’ expectations for ten consecutive quarters.

 

Germany fully supports the efforts of Minsk Group Co-Chairs, Ambassador says

 

 

 

Germany has assumed the chairmanship of the OSCE. The Head of the OSCE Office in Armenia, Ambassador Andrei Sorokin and German Ambassador Extraordinary and Plenipotentiary to Armenia Matthias Kisler met with reporters today to present the priorities of the German presidency.

Ambassador Kisler said the resolution of conflicts will be a priority for the German presidency. Referring to the Karabakh conflict, he said “Germany is convinced the co-chairmanship of the OSCE Minsk Group is the only forum for organizing the dialogue between the conflicting parties.”

The German Ambassador expressed his concern over the situation at the line of contact, especially the use of heavy weapons, which results in casualties.

“Germany closely cooperates and fully supports the OSCE Minsk Group Co-Chairs’ initiative to create a mechanism of investigation of border incidents,” he said. “Germany is aware of the importance of the mechanism for both parties and wants the sides to agree to its implementation,” Amb. Kisler stressed.

Andrei Sorokin, in turn, reminded that the issue was discussed during Azerbaijani President Ilham Aliyev’s visit to Germany. The Ambassador refuted the rumors about Germany’s intention to replace France as a Co-Chair of the OSCE Minsk Group.

Without going into details about the two anti-Armenian reports debated by the Parliamentary Assembly of the Council of Europe yesterday, Matthias Kisler said “the Minsk Group is the only forum for the settlement of the Karabakh conflict, other movements and forums are unacceptable.”

The Head of the OSCE Office in Armenia said “the two reports were obviously very unpleasant and anti-Armenian.” According to him, the fact that the more important of the two was rejected can be seen as a victory.

“I think PACE is following some policy line, which ignored all principles, including the basic principles of the OSCE,” he said.

Armenia, India amend tax treaty to fight evasion

A Protocol to amend the existing Double Taxation Avoidance Convention was signed by the Government of India and the Government of Armenia here today, reports.

The Protocol amends the Double Taxation Avoidance Convention between India and Armenia that has been in existence since 9th September, 2004. The Protocol amends the Article on Exchange of Information for tax purposes to bring it in line with the updated provisions in the OECD Model. The Protocol will enable the two countries to exchange information related to financial and banking transactions under the Double Taxation Avoidance Convention, and thereby facilitate them in addressing tax evasion. It is also expected to further strengthen the efforts of Government of India in curbing generation of black money.

The Amending Protocol was signed by Shri Arun Kumar Jain, Chairman, Central Board of Direct Taxes(CBDT), on behalf of Government of India and by H.E. Mr Armen Martirosyan, the Ambassador of Armenia to India, on behalf of the Government of Armenia.

Tigran Mansurian turns 77 today

Renowned composer Tigran Mansurian celebrates 77th birthday today.

Tigran Mansurian, the son of Armenian parents, was born on 27 January 1939 in Beirut (Lebanon), where he attended the French Catholic School. In 1947 he and his family returned to their homeland. After having attended a special music school, Mansurian studied composition at the Yerevan Conservatory, where he subsequently taught music analysis with special emphasis on New Music.

Within the space of only a few years he advanced to become one of Armenia’s leading composers. As time went on he developed friendly artistic relationships with composers such as A. Volkonsky, E. Denisov, A. Schnittke, S. Gubaidulina and A. Pärt, and with performers such as N. Gutman, O. Kagan, K. Georgian, and later with Kim Kashkashian and Eduard Brunner. At the beginning of the 1990s Mansurian was appointed director of the Yerevan Conservatory. In recent years he has devoted himself exclusively to composition.

Mansurian’s work includes orchestral works, seven concertos for string instruments and orchestra, sonatas for violoncello and piano, three string quartets, choral music, chamber music, and works for solo instruments.

Mansurian has said that his models were the Armenian composer Komitas and Claude Debussy. Early in his career he became acquainted with the music of Pierre Boulez, and was soon able to make deft use of complicated modern compositional techniques. In the course of time he developed an increasingly simple and almost liturgical kind of style. He attained to a terse and economical mode of expression which in a mystical kind of way combines ancient and modern elements. Mansurian’s music reflects the heritage of the venerable musical tradition of Armenia, which dates back more than a thousand years and ranges from the melodies of mediaeval ecclesiastical chant to specific scalar systems and musical forms. The composer’s sensitivity and his understanding of the spirit of the age find expression in his attempt to rebuild the musical bridges that were destroyed in the final years of the twentieth century.

Mansurian’s music is lyrical. And the lyrical images of his music possess a suggestive power which, despite its reductionist slant, none the less makes it sound emotional.

Italy covers nude statues for Iran President

Photo: AP

 

Italian hospitality for the visiting Iranian President Hassan Rouhani has stretched to covering up nude statues, the BBC reports.

Mr Rouhani and Italian Prime Minister Matteo Renzi spoke at Rome’s Capitoline Museum after Italian firms signed business deals with Iran.

But several nudes there were hidden to avoid offending the Iranian president.

Italy also chose not to serve wine at official meals, a gesture France, where Mr Rouhani travels next, has refused to copy.

An Islamic republic, Iran has strict laws governing the consumption of alcohol.

Mr Rouhani is in Europe on a five-day tour seeking to boost economic ties after the implementation of a deal on rolling back Iran’s nuclear activity saw sanctions lifted.

 

Armenian St. Gregory the Illuminator Cathedral included in the official tour of the City of Buenos Aires

The Armenian St. Gregory the Illuminator Cathedral, located in the neighborhood of Palermo, Buenos Aires has been included in the official tour program of the Government of the City of Buenos Aires “Knowing BA” which proposes a circuit for tourists visiting the city, reports.

The program enables tourists to tour the city’s neighborhoods, parks, forests, monuments, theaters, to learn about the architecture, history, cultural heritage, accompanied by guides provided by the City Government.

Organizers of “Knowing BA” wanted to include the Armenian Cathedral as a sign of the significant presence of the Armenian community in Buenos Aires.

A group of tour guides involved in the program visited the church and were welcomed by Archbishop Kissag Mouradian, Primate of the Armenian Apostolic Church for Argentina and Chile, and employees of the institution in order to receive information and instruction they will need in their work. They also received literature on the Armenian Church.

EU reaffirms support for OSCE Minsk Group efforts

On January 27, Armenian Foreign Minister Edward Nalbandian received Herbert Salber, EU Special Representative for the South Caucasus and the Crisis in Georgia.

During the meeting the Nagorno-Karabakh negotiation process was discussed. Minister Nalbandian briefed Herbert Salber on the results of the meeting between the Presidents of Armenia and Azerbaijan held last month in Bern.

Herbert Salber reaffirmed the support of the European Union to the efforts of OSCE Minsk Group Co-Chairs aimed at an exclusively peaceful settlement of the issue.

The sides reflected on Armenia-EU cooperation, exchanged thoughts on the results of the 16th session of Armenia-EU Cooperation Council.

Armenia’s Foreign Minister and the EU Special Representative touched upon developments unfolding in the states and regions adjacent to the South Caucasus.

European Court: Azerbaijan and Hungary answerable over case of Ramil Safarov release

The Governments of Azerbaijan and Hungary have been asked by the European Court of Human Rights to respond formally to a case brought by the relatives of Armenian army officer Gurgen Margaryan, who was murdered by Azerbaijani officer Ramil Safarov in Budapest in 2004. Mr Margaryan’s relatives are represented by (based in Middlesex University), (Armenian NGO) and Nazeli Vardanyan, reports the 

Both men were attending a NATO-sponsored English-language course in Budapest. On 19 February 2004 Safarov murdered Mr Margaryan by decapitating him with an axe. In April 2006 Safarov was found guilty of murder by the Budapest City Court, and was sentenced to life imprisonment, with the possibility of conditional release after 30 years. The court found that Safarov had intended to kill two Armenian participants at the course on the anniversary of the beginning of the conflict between Armenia and Azerbaijan over the Nagorno-Karabakh region. After the Court of Appeal upheld this judgment in February 2007, Safarov began serving his sentence in a Hungarian prison.

In August 2012 the Hungarian Minister of Justice approved Safarov’s transfer to Azerbaijan with a view to his serving his sentence there (under the ). However, a few hours after Safarov was transferred on 31 August 2012, he was granted a pardon by the Azerbaijani President and set free. He was also promoted to major, awarded eight years’ salary arrears and offered a flat.

In a report published in December 2012, the Hungarian Ombudsman criticised the Hungarian Government for approving the transfer before any assurances about the treatment of Safarov had been received from the Azerbaijani authorities.

The victim’s family argue that Gurgen Margaryan’s right to life (Article 2 of the European Convention on Human Rights) has been violated by Azerbaijan – both because of his murder, and also because Ramil Safarov’s pardon has prevented the full enforcement of his sentence. They also argue that Mr Margaryan was the victim of an ethnically-motivated hate crime, which was later endorsed by Safarov’s pardon and release (in breach of Article 14 together with Article 2 of the Convention). In addition, they argue that Hungary has breached Article 2 of the Convention because it allowed Safarov to be transferred to Azerbaijan, without having obtained assurances that he would be required to complete his prison sentence in Azerbaijan.

The case is also brought by Hayk Makuchyan, an Armenian military officer whom Ramil Safarov was convicted of intending to murder during the same incident in Budapest.

Both governments are required to lodge their responses with the Strasbourg Court by May. The Court has also invited the Armenian Government to submit its comments, given Mr Margaryan’s nationality.

On 26 January 2016 the Parliamentary Assembly of the Council of Europe  not to adopt a resolution on “Escalation of violence in Nagorno-Karabakh and the other occupied territories of Azerbaijan”, based on a report by the British former member of the Assembly, Robert Walter. The draft resolution (which called on Armenia to withdraw from Nagorno-Karabakh as part of the Minsk process) was rejected by 70 votes against, 66 in favour and 45 abstentions.

On 16 June 2015, the Grand Chamber of the European Court found that both  and had violated the European Convention rights of civilian victims of the Nagorno-Karabakh conflict as they have been prevented from returning to their homes and land which they lost in the early 1990s. The Court has required the Governments to set up property restitution mechanisms for the victims of the conflict. The cases are discussed by Philip Leach in his blog . The implementation of the judgments will be considered by the Committee of Ministers of the Council of Europe in June 2016.

In December 2015, Thorbjørn Jagland, the Secretary-General of the Council of Europe, opened an into Azerbaijan’s implementation of the European Convention on Human Rights (under Article 52 of the Convention).

Iran likely to join Eurasian Development Bank in weeks, Russia says

Eurasian Development Bank Chief Dmitry Pankin announced on Tuesday that Iran will most likely become a member of the EDB by the end of March, reports.

Pankin said India and Vietnam could follow suit as they are also interested in joining the regional development bank.

The announcement comes as Elvira Nabiullina, the head of the Russian Central Bank, had also welcomed Iran to join the EDB as it would help “promote cooperation with the Islamic Republic in the banking sector.”

She had described the connection of the two countries’ electronic payment systems and establishment of correspondent banking relationship “as the grounds for the promotion of mutual cooperation between the two sides.”

The EDB is a regional development bank established by the Russian Federation and the Republic of Kazakhstan in 2006. It currently has six member states, including Armenia, Belarus, Kyrgyzstan and Tajikistan.

Turkish journalists face life in jail over Syria report

Two Turkish journalists face life in prison over a story alleging that the Turkish government was arming Islamist militants in Syria, the BBC reports.

Cumhuriyet newspaper’s editor-in-chief Can Dundar and its Ankara representative Erdem Gul have been charged with espionage.

Prosecutors accuse them of working with a US-based cleric to discredit the government.

The harsh punishment being sought has intensified press freedom concerns.

EU Enlargement Commissioner Johannes Hahn said he was “shocked” at the severity of the sentence sought by prosecutors.

Human Rights Watch said the two “were doing their job as journalists and no more than that”.

In its report last May, Cumhuriyet published video of police finding weapons in trucks that it said were linked to Turkish intelligence.

The Turkish authorities insisted the trucks, which had been intercepted near the Syrian border, were in fact bringing aid to Syria’s Turkmen minority.