Falkland Islands

Falkland Islands
Monday, June 15th 2015 - 06:14 UTC

Strong Falklands' supporter and former US Congress member receives OBE

The OBE insignia was presented to Thomas Petri by British Ambassador Sir Peter Westmacott, on behalf of Her Majesty Queen Elizabeth II

Former United States Representative Thomas E. Petri was formally presented with the insignia recognizing his appointment as an honorary Officer of the Most Excellent Order of the British Empire during a ceremony June 11 at the British Ambassador’s Residence in Washington, D.C.

Saturday, June 13th 2015 - 06:40 UTC

Brussels Declaration with references to sovereign debt and 'territorial integrity' satisfies Argentina

“Territorial integrity is fundamental because it includes the sovereignty conflict with the United Kingdom” over the Falklands, according to Timerman.

Argentina expressed satisfaction with the Brussels Declaration at the end of the two-day European Union/Celac summit because it included strong backing to the country's efforts to change international rules regulating restructuring of sovereign debt and also there was a mention to territorial integrity, a tangent statement referred to the ongoing dispute over Falkland Islands sovereignty.

Friday, June 12th 2015 - 05:36 UTC

Falkland Islands names US citizen in top job as Head of Policy

Prior to his work with SABC, Mr. Shea spent over 20 years undertaking various roles with the New England Governor’s Conference, Inc.

The Falkland Islands Government announced the appointment of John Shea as the new Head of Policy. Mr. Shea comes to the Islands from the United States, where he has served as President and Chief Executive Officer of the Sino-American Business Consortium, LLC.

Thursday, June 11th 2015 - 04:05 UTC

Falklands triggers strong reply from Cameron when Timerman brings up the issue at Celac/EU summit

”I reject the threatening words of the Argentine Foreign Minister,” underlined the British Prime Minister.

Foreign Minister Hector Timerman defended on Wednesday Argentina’s right to claim the Falkland/Malvinas Islands during the summit of the Community of Latin American States (CELAC) and the European body which is taking place in the Belgian city of Brussels. UK Prime Minister David Cameron responded by describing his comments as threatening, according to British sources.

Wednesday, June 10th 2015 - 05:32 UTC

Argentina commemorates creation of 'Malvinas political and military command' in June 1829

The release complains about the 'illegitimate' hydrocarbons' exploration activities, contrary to a UN General Assembly resolution.

British dominance of the Malvinas Islands is a colonial 'situation', which is 'unacceptable' and 'anachronic': Argentina reiterates its sovereignty claims over the South Atlantic Islands and surrounding maritime spaces, said a release from the foreign ministry in Buenos Aires on occasion of the day the country commemorates the creation, on 10 June 1829, of the political and military command of the Malvinas Islands and adjacent Cape Horn spaces.

Tuesday, June 9th 2015 - 07:28 UTC

FI Holdings' profits helped by Falklands increased activity and investments

Falkland Islands Company business was buoyed by a record squid catch and greater activities in the Islands due to the spring 2015 drilling program.

Falkland Islands Holdings PLC said on Monday that underlying pre-tax profit and revenue was broadly flat in its recently-ended financial year, and trading so far in the new year has met its expectations as it seeks to accelerate its growth and increase its scale through acquisitions.

Saturday, June 6th 2015 - 09:46 UTC

Falklands oil companies planning to continue drilling into next year

“I can't go to Argentina and nearby countries. But operationally, this has no effect,” Tim Bushell, Falkland Oil and Gas chief executive, said.

Falkland Oil and Gas plans to continue drilling into next year, its chief executive said, defying legal threats made by the Argentine government against oil explorers in the Falkland Islands.

Friday, June 5th 2015 - 06:33 UTC

Falklands: Cristina Fernandez met Snowden in Moscow to talk about UK spying on Argentina, reveals BAH

Cristina Fernández travelled to Russia on April 18, two weeks after it was revealed, thanks to Snowden, that Great Britain had been spying on Argentina.

President Cristina Fernandez met with former US National Security Agency (NSA) contractor Edward Snowden when she visited Moscow in April, according to the Buenos Aires Herald. Snowden became world famous when in 2013 when he revealed the extent of Washington’s global Internet and phone surveillance.

Wednesday, June 3rd 2015 - 09:24 UTC

Falklands advances despite Argentine disruption and blockade efforts, says Acting Governor Sandra Tyler-Haywood

“These are exciting times for the Falkland Islands. The past year has seen significant developments in many areas”, said Acting Governor Sandra Tyler Haywood

Falkland Islands' Her Honour the Acting Governor delivered on Tuesday his State of the Nation speech to the elected Legislative Assembly underlining progress and expansion achieved in the economy and community development, the UK resolute in defending the rights and wishes of the Falkland Islanders to develop their own natural resources, and despite Argentine disruption and blockade efforts, first oil is expected to be produced in 2019.

Wednesday, June 3rd 2015 - 08:18 UTC

Falklands faces fiscal 2015/16 with surplus budget, all industries prospering and 1.4% inflation

Ms Granger points out however that “the economy is not without challenges: falling oil prices and reliance on a few core industries and commodities”

The Falkland Islands Legislative Assembly received on Tuesday the Appropriation Bill which allows for expenditure of £61.4M pounds in the fiscal year 2015/16, supported by revenues of £56.9M and a projected £4.9M from oil and gas exploration, thus completing another surplus year.


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