FEAS To Move The Federation’s Headquarter To Armenia

Plus Company Updates(PCU)
May 18, 2017 Thursday


FEAS To Move The Federation's Headquarter To Armenia

 New York


London: Mondo visione has issued the following news release:
During the Extraordinary General Assembly Meeting of the Federation of
Euro-Asian Stock Exchanges (FEAS) held on May 16, 2017 in Tehran, it
was decided to move the Federation's headquarter from Istanbul, Turkey
to Yerevan, Armenia.


With the majority of "for" and no "against" votes, the General Asembly
elected Armenia as the new host country for the FEAS's headquarter,
after 22 years of operation in Turkey, since the establishment of the
Federation in 1995.

"It is a historical and turning point for the Federation after three
years of struggle", said Mohammed Omran, the Chairperson of the
Federation and the Executive Chairman of the Egyptian Exchange.
"Having two young and ambitious exchanges; Cyprus Stock Exchange and
Iran Fare Burse as new board members replacing the withdrawal
exchanges (Bourse Istanbul and Sarajevo Stock Exchange) will defiantly
enhance the dynamism of the Federation", Omran added.

Moving the Federation's headquarter to Armenia NASDAQ OMX Armenia will
start to support the administration of the Federation. Governance of
the Secretariat has been entrusted to Mr. Konstantin Saroyan, CEO of
NASDAQ OMX Armenia, who was appointed as FEAS Secretary General. His
appointment was recommended by the Executive Board and approved by the
majority of General Assembly.

"We are starting a new era of FEAS operation, administering the
Federation from Armenia. Always being considered as cross-road of
eastern and western cultures, Armenia will link different economic and
political structures within FEAS, bringing success and growth to the
Federation", said Mr. Konstantin Saroyan, CEO, NASDAQ OMX Armenia.
To recall, Armenia, represented by “Yerevan Stock Exchange” (later
"Armenian Stock Exchange" and after "NASDAQ OMX Armenia") was among 12
founding members of the FEAS. Since November 2016 NASDAQ OMX Armenia
has also been acting as FEAS Executive Board Member.

Armenian orphanage Kamp Armen in Istanbul to be rebuilt as social, cultural facility

An Armenian orphanage in Istanbulā€™s Tuzla district, which was demolished on April 8 to prepare for the construction of a new building, will be rebuilt as a social and cultural facility, the Hurriyet Daily News reports.

The orphanage was built in 1962 by the Gedikpaşa Armenian Protestant Church, as a former building on the site could not host the increasing number of Armenian students arriving from various parts of Anatolia.

Known as the orphanage where Hrant Dink, a Turkish-Armenian journalist who was murdered in 2007, and his wife, Rakel Dink, studied, it was expropriated by the Turkish state in 1987 on the basis of a 1936 bill preventing minority foundations from acquiring property.

Although the Turkish government signed a historic decree in 2011 to return property taken away from minority foundations, the camp was omitted, alongside hundreds of other properties.

Fatih Ulusoy, the land owner, had initially tried to demolish Kamp Armen in May 2015, but the controversial plan was later shelved as Ulusoy said he would donate it to the Gedikpaşa Armenian Protestant Church and School Foundation.

Efforts to demolish the camp received widespread attention once the news broke on social media. The demolition was subsequently stopped when many people, including activists and leading figures from the Armenian community, rushed to the area to protest the demolition work.

Istanbul Metropolitan Municipalityā€™s municipal council on May 12 unanimously accepted the construction plan regarding the orphanage, which will be rebuilt taking the original building into account. The Kamp Armen area was taken under ā€œSocial and Cultural Facility Areaā€ category in line with the Gedikpaşa Armenian Protestant Church and School Foundationā€™s will.

Speaking to Anadolu Agency, a council member from the main opposition Republican Peopleā€™s Party (CHP), HĆ¼seyin Sağ, said Kamp Armen was significant since Hrant Dink was raised there.

ā€œIt became a social and cultural facility area. Now, Armenian citizens, non-Muslims or our Muslim citizens, we will all go there and sit. We will benefit from the social and cultural facility. This is a place where a person like Hrant Dink stayed in the orphanage. Itā€™s also important because of that,ā€ Sağ said.

According to the construction plan regarding the plot, which is owned by the Gedikpaşa Armenian Protestant Church and School Foundation and Tuzla Municipality, the area will include vocational courses, movie theaters, exhibition and conference halls, a library, a dormitory, a nursing home and an orphanage.

The plan will also ensure the protection of green areas.

PACE Bureau declares ā€˜no confidenceā€™ in Pedro Agramunt as President

The Bureau of the Parliamentary Assembly of the Council of Europe (PACE), meeting in Strasbourg today, resolved that it has no confidence in Pedro Agramunt as President of the Assembly.

It further resolved that Mr Agramunt is not authorised to undertake any official visits, attend any meetings or make any public statements on behalf of the Assembly in his capacity as President.

ā€œThe President chose not to attend the Bureau today, and has not presented a letter of resignation. As a result, and in the context of the current Rules of Procedure under which the President cannot be compelled to resign, the Bureau felt it necessary to take these steps,ā€ said Sir Roger Gale (United Kingdom, EC), Senior Vice-President of the Assembly, after chairing the Bureau meeting.

ā€œThe standards and principles of the Parliamentary Assembly are more important than any individual member, and the integrity of our Assembly must be upheld,ā€ he added.

Director of the Armenian Genocide film ā€˜The Promiseā€™ takes on denial, falsehoods and IMDB

– ā€œThe Promise,ā€ out tomorrow, is a love story between Mikael (Oscar Isaac) and Ana (Charlotte Le Bon), both Armenians in the Ottoman Empire (now Turkey) during its last days. As World War I erupts, the Turkish government turns on its citizens of Armenian descent, eventually killing more than a million of them in executions, forced labor and death marches.

The official position of the Turkish government is that the Armenian genocide never happened ā€” that the deaths were merely collateral damage from the war, not targeted murders. That made it tricky for director and co-writer Terry George. Luckily, heā€™d been through similar situations before.

ā€œOn ā€˜In the Name of the Father,ā€™ the British press attacked it for two reasons,ā€ he says, referring to the script he co-wrote for the fact-based 1993 film about the British imprisonment of a group of people falsely implicated in an IRA bombing in the 1970s. ā€œThey said [prisoner] Gerry Conlon wasnā€™t in the same cell as his father, which he wasnā€™t ā€” he was in the cell next to him, but thatā€™s hard to shoot. The other was, at the end in the court, the judge says, ā€˜Can you approach the bench?ā€™ and they donā€™t say that in British court. So those two items became the basis on which the film was attacked.ā€

For ā€œThe Promise,ā€ fact thus became an integral part of fiction. ā€œI was extremely fastidious on the real political moments that the story tells. All these historical moments, I can cite several historians,ā€ he says. ā€œIā€™ve learned to catalogue and very carefully research all those [real] events. Iā€™ve learned that those little things are very important.ā€

Sometimes, though, itā€™s not the little things ā€” just the simple fact that ā€œThe Promiseā€ says that the Armenian genocide happened has turned into a very big thing. Users of an online Turkish message board have launched an online campaign to tank the movieā€™s ratings, according to The Hollywood Reporter. Since the movie debuted at the Toronto Film Festival last year, the film has received more than 120,000 ratings on IMDb ā€” and over 61,000 of them are one-star.

George shrugs off the controversy, seeming more irritated at ā€œThe Ottoman Lieutenant,ā€ a short-run movie released earlier this year about an American nurse and an Ottoman officer during WWI that was more sympathetic to the Turkish side. (ā€œThey even used our font on the poster!ā€) But heā€™s confident his film contains more truth than that one, even if his plot is largely fictional.

Turkey Divestment Bill passes key Calif. State Assembly Committee

Asbarez – The California State Assembly Public Employee, Retirement and Social Security Committee (PERSS) on Wednesday passed AB 1597 by a 5-0 vote, a bill authored by Assemblymember Adrin Nazarian, which calls for divestment by the main state pension funds from Turkey.

Nazarian has championed the issue in recent years, which also enjoyed the support of principal co-author Senator Scott Wilk. Passage by the PERSS Committee is the first step toward enactment of the bill, which if passed by both houses of the state legislature and is signed by the governor, would prohibit new investments or renewal of existing investments in the Turkish government by the pension fundsā€”CalPERS and CalSTRS.

Following an impassioned presentation by Nazarian, and additional testimony by ANCA-WR Chief Legislative Consultant Haig Baghdassarian, the chairman of the committee, Assemblymember Freddie Rodriguez voted in favor of the bill, and was joined by four of his colleagues, Vice-Chair Travis Allen, and Assemblymembers Sabrina Cervantes, Ken Cooley and Patrick Oā€™Donnell.

ā€˜Bombā€™ found in St. Petersburg raid

Photo: Reuters

 

An explosive device has been made safe in a flat in St. Petersburg by Russian police, three days after a suspected bomber on the city’s metro killed 13 people.

A city official said several suspects were held when police raided the flat early on Thursday, Ria Novosti said.

Neighbours were moved away and witnesses said three men were led out in handcuffs, the news agency added.

The main suspect in the metro bombing, Akbarzhon Jalilov, died in the attack.

Aged 22 and from the Central Asian republic of Kyrgyzstan, his remains were identified by his parents on Wednesday.

Research book on Armenian Genoicide published in Uruguay

Professors AndrĆ©s Serralta and Marcelo Desena by the Faculty of Humanities and Education of the University of Montevideo, have publishedĀ their educational research book “Teaching Armenian Genocide. Theory, Methodology and Didactics,” the University’s official website informs.

According to the source, the work was presented by national authorities in the area of education and human rights, before a public that brought together personalities from national and international human rights organizations as well as social organizations, community entities, educators and national cultural referents.

This work complements aĀ previous work of historical research, “Armenian Genocide 1915 -1923. Antecedents, perpetration and consequences, “which dealt with general aspects of the Armenian Genocide and its international recognition.