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Falkland Island's booming economy: request to develop two 200-bed accommodations

Wednesday, April 24th 2013 - 06:29 UTC
Full article 36 comments

In anticipation of the business opportunities the oil industry will bring to the Falkland Islands, a leading company has plans to build in the capital Stanley two temporary 200-bed accommodations, according to the planning applications received. Read full article

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  • Anglotino

    That doesn't sound right. Some people THINK it is all a hoax.

    That's a lot of hoax being built.

    Perhaps Stanley needs to start planning for a new town or suburb. Thatcherton has a nice ring to it. Probably be needed for the future population boom this oil boom will produce.

    Apr 24th, 2013 - 08:11 am - Link - Report abuse 0
  • RICO

    Just building accommodation is insufficient, we need sport, recreation and infrastructure. As well as building Thatcherton, we need the Fernandez de Kirchner mental ward, the Galtieri Sewage works and the Belgrano swimming school.

    Apr 24th, 2013 - 11:57 am - Link - Report abuse 0
  • manchesterlad

    Sounds like good news even though the field is still in exploration/development stage....... but having been to oil towns in Alberta, Texas & more recently Neuquén, I can assure you it´s not all wine & roses......... get ready for the Wild West boys!!!

    Apr 24th, 2013 - 12:09 pm - Link - Report abuse 0
  • knarfw

    Wonder if the mooring points and gangways for the Coastels are still there.

    Apr 24th, 2013 - 01:49 pm - Link - Report abuse 0
  • DanyBerger

    “200-bed temporary workers accommodations including laundry block”

    And that is a booming economy? What economy to start with?

    It is a joke? ha ha

    Apr 24th, 2013 - 02:45 pm - Link - Report abuse 0
  • Musky

    @5 DanyBerger
    What's so funny about a laundry block? I bet you wash your smalls out in the local river and bash the water on nearby rocks.

    Mighty oaks from little acorns grow.

    Apr 24th, 2013 - 02:53 pm - Link - Report abuse 0
  • Santa Fe

    5.. and toilets as well, although an RG architect suggested the local school and post office was a better place to defacate.

    Apr 24th, 2013 - 03:09 pm - Link - Report abuse 0
  • Vestige

    Will there be elevators for sheep ?

    Apr 24th, 2013 - 04:07 pm - Link - Report abuse 0
  • Faz

    DanyBerger are you still selling the Big Issue?

    Apr 24th, 2013 - 04:16 pm - Link - Report abuse 0
  • golfcronie

    All good on the FALKLANDS. Looking forward for first oil in 2017.
    All infastructure will be in place. No raw sewage as in BA recently.
    Glad to see that the FALKLANDS are gearing up for the oil boom

    Apr 24th, 2013 - 05:42 pm - Link - Report abuse 0
  • Steve-33-uk

    ‘It‘s not about rocks, it’s about people’ - John Freeman is the first British Ambassador to speak out on the bilateral relationship since 2009. Of course, the main question in this exclusive interview with the Herald is the Islands and the bilateral relationship that seems to concentrate exclusively on this issue...'
    http://www.buenosairesherald.com/article/129514/%E2%80%98it%E2%80%98s-not-about-rocks-it%E2%80%99s-about-people%E2%80%99

    'The British ambassador, “disappointed” that the “rights of the islanders” are not “recognized” by Argentina'
    http://www.buenosairesherald.com/article/129514/%E2%80%98it%E2%80%98s-not-about-rocks-it%E2%80%99s-about-people%E2%80%99

    'The campaign “People for Falklands' grows in Patagonia, the NOA and NEA - Juan Recce Malvinas Peoples founder, explains: ”We want to put the people of our peoples as guarantors of dialogue“
    http://www.buenosairesherald.com/article/129514/%E2%80%98it%E2%80%98s-not-about-rocks-it%E2%80%99s-about-people%E2%80%99

    'Rio Grande National Capital vigil for the Falkland Islands

    The National Law No. 26.846 states in its first article to Rio Grande, Tierra del Fuego, Antarctica and South Atlantic Islands, as ”National Capital vigil Malvinas Gesta glorious“.'
    http://www.buenosairesherald.com/article/129514/%E2%80%98it%E2%80%98s-not-about-rocks-it%E2%80%99s-about-people%E2%80%99

    'The referendum Cameron'
    http://www.buenosairesherald.com/article/129514/%E2%80%98it%E2%80%98s-not-about-rocks-it%E2%80%99s-about-people%E2%80%99

    'Washington discussed the referendum kelper'
    http://www.buenosairesherald.com/article/129514/%E2%80%98it%E2%80%98s-not-about-rocks-it%E2%80%99s-about-people%E2%80%99

    '”We are not just food, we neurons and intelligence”
    Cristina Fernandez headed the oath of graduates of ISEN and highlighted the change in foreign políltica the 90s to the present, where it opened new offices in Asia and Africa.'
    http://www.buenosairesherald.com/article/129514/%E2%80%98it%E2%80%98s-not-about-rocks-it%E2%80%99s-about-people%E2%80%99

    Apr 24th, 2013 - 05:50 pm - Link - Report abuse 0
  • briton

    Super carrier: Britain's largest warships take shape
    Now she looks like a carrier..
    http://www.telegraph.co.uk/news/10013090/Super-carrier-Britains-largest-warships-take-shape.html#?frame=2543984

    soon to be painted grey..
    …………..
    .

    Apr 24th, 2013 - 06:29 pm - Link - Report abuse 0
  • Vestige

    wont de-isolate any next generation.
    another campsite of pariahs.

    Apr 24th, 2013 - 07:46 pm - Link - Report abuse 0
  • briton

    Lies lies and more lies,
    And the world keeps laughing.
    http://www.elnuevodiario.com.ni/opinion/284045-referendum-de-cameron
    quote==
    regardless of international law.
    A total of forty resolutions that the United Kingdom is at the negotiating table with Argentina to cede the Falklands to the rightful owners have been issued, but Cameron, refuse..lololol
    ,,,,,,,,,,,,,,
    In the absence of legal arguments, legal, political and historical by the occupation of the Falklands, Cameron, in an attitude rude, cynical and vulgar for the United Nations system
    And the brain washed believes all this, lololol
    ,,,,,,,,,,,,,,,,,,,,,
    by ignoring the UN Secretary General as guarantor of the conversations; proposal made by Argentina,
    give it to us or else,
    but we only want peace, lolol.
    ,,,,,,,,,,,,,,,,
    Lie therefore we must continue the battle on all fronts for the recovery of Argentine archipelago because this people's victory is the victory of all.
    * Professor, UPF San Carlos
    Another brain dead zombie,
    a.der…a.der.
    http://www.elnuevodiario.com.ni/opinion/284045-referendum-de-cameron
    www.bullshit.com

    .

    Apr 24th, 2013 - 07:46 pm - Link - Report abuse 0
  • Escoses Doido

    @12 Briton:

    Now that is a 'War ship' being born.

    Do the argentinians have enough money to own a couple of these?

    Mmmmmm - I guess not.

    Apr 24th, 2013 - 08:40 pm - Link - Report abuse 0
  • Steve-33-uk

    @14 briton

    Some of the brainwashing crap they come up with is scary!

    Think about it, what would they do if they got sovereignty of the FI? Why do they want it?
    Argentines can move to the FI and a few live there happily!
    For me the main reason they want the islands is to steal the islanders resources...

    Apr 24th, 2013 - 08:59 pm - Link - Report abuse 0
  • Pete Bog

    @5
    “What economy to start with?”

    The one that is always in surplus unlike Argentina that never really understands accounting-hence why (unlike the Falkland Islands) Argentina is in loads of debt-time to use the Kelpers as financial consultants Mr Timmerman (& other idiots).

    Apr 24th, 2013 - 09:01 pm - Link - Report abuse 0
  • Anbar

    The rampant hypocrisy of this little bit had me laughing my tits off:

    “”“Las Malvinas is a front battle we must wage the Latin American and Caribbean with great determination courage and spirit of Victoria. Sooner or later colonizers, predators and looters of our natural resources must leave the Latin American homeland.”“”

    Is it just me or does that lovely little paragraph basically boot out every single euro-descended person from south america?

    its hysterical.

    “”“Sooner or later colonizers, predators and looters of our natural resources must leave the Latin American homeland”“”

    Yes, you must!!!!

    Apr 24th, 2013 - 10:21 pm - Link - Report abuse 0
  • briton

    we agree chaps,

    just as long as they dont act on these assumptions,

    as their warpt minds could cause more conflict-
    for a none existant problem, abet only in their heads..mmmm

    Apr 25th, 2013 - 12:13 am - Link - Report abuse 0
  • DanyBerger

    Now serious about what economy booming are you talking about?
    I'm really lost here...

    Apr 25th, 2013 - 01:45 pm - Link - Report abuse 0
  • Benson

    It's called looking ahead Dany, something Argentina would understand if they weren't stuck crying about the past (or at least their version of it).

    Apr 25th, 2013 - 02:40 pm - Link - Report abuse 0
  • Pete Bog

    @20
    “Now serious about what economy booming are you talking about?”

    The one that continues to have a surplus while Argentina's economy will be in debt for ever.

    But then this is the arse about face way that Argentina has been run since Peron thought his mate Hitler knew how to run a country well.

    Apr 25th, 2013 - 05:14 pm - Link - Report abuse 0
  • briton

    The UK today avoids a triple dip recession

    The only way now is UP,
    up up and away-?

    Apr 25th, 2013 - 06:45 pm - Link - Report abuse 0
  • DanyBerger

    @Benson

    But Argentina is a half trillion dollar economy and you just 120m, how much future do you need to have? 5000 years?

    In 9 generations as you said and with 500 years of history before argies even exist as you say...

    You were not able to build at least a 2 trillion economy?
    Are you incompetents or just lazy?

    May be both?

    Apr 26th, 2013 - 07:16 am - Link - Report abuse 0
  • Benson

    A 2 trillion economy in the Falklands would be almost 1 billion per person. If Argentina had a comparable surplus by the size of population it would be about 100 trillion, do you have a 100 trillion surplus?

    Apr 26th, 2013 - 07:56 am - Link - Report abuse 0
  • DanyBerger

    Nope, that means that you have failed miserably to populate the Islands and that also you are like a big “estancia” Argentina style and may be with less GDP.

    Apr 26th, 2013 - 10:17 am - Link - Report abuse 0
  • Anglotino

    Argentina does NOT have a half trillion dollar economy. Either nominally or PPP.

    My stste's economy is bigger and we only have 5 million people so Argentina with 40 million is quite a failure by your own words.

    Are they just incompetent or just lazy do you think?

    Apr 26th, 2013 - 01:16 pm - Link - Report abuse 0
  • Philippe

    MOODY BROOK BARRACKS: An unforgettable invader's lie

    Argentina had proclaimed that its armed forces would refrain from using their weapons upon landing in the Falklands. However, the first thing they did was to fire a rocket into the Moody Brook barracks expecting to kill every Royal Marine stationed there. Fortunately, none was there when the aggressors arrived.
    Nevertheless, that propaganda lie continues to be disseminated through Argentina's “free” press!

    Philippe

    Apr 26th, 2013 - 05:25 pm - Link - Report abuse 0
  • DanyBerger

    @Anglotino

    You are absolutely wrong Argentina had already surpassed the half trillion dollar GDP in OER this year.
    And it GDP in PPP its close to 800bn.

    By the way about what state are you talking about?

    Apr 27th, 2013 - 02:52 am - Link - Report abuse 0
  • Anglotino

    Dany my mate

    My state is Victoria mate. Look up the state and then as per usual tell us we are lying.
    http://www.dfat.gov.au/geo/fs/vic.pdf

    According to the figures supplied to the IMF by the ARGENTINE government for 2010, their GDP was estimated at ARS1,441 billion.

    Now at an official rate of US$1:ARS5.00 that would mean an economy of US$288 billion. At the current market rate of ARS9.00 it would mean US$160 billion.

    However the IMF notes and I quote:
    “Figures are based on Argentina’s official GDP data. The IMF has called on Argentina to adopt remedial measures to address the quality of these data. The IMF staff is also using alternative measures of GDP growth for macroeconomic surveillance, including data produced by private analysts, which have shown significantly lower real GDP growth than the official data since 2008.”

    So the IMF ESTIMATES current Argentina GDP to be ARS2,209 billion.
    Official exchange rate: US$441 billion
    Market exchange rate: US$245 billion.

    Now that's all nominal of course which is why PPP or Purchasing Power Parity was invented.

    However PPP is a FORMULA. A formula that is based on nominal GDP which is doubt by the IMF together with inflationary effects which are lied about. Also it is less effective when the LAW OF ONE PRICE which PPP theory is based on is distorted by trade restrictions and then it is further weakened when trade barriers and imperfectly competitive market structures occur together.

    You can't rely on faulty data to produce a result you like. Argentina's GDP PPP figures are worthless. You can't have inflation of over 25% and NOT have it impact.

    It is even worse when the government claims only 10%.

    Argentina boomed for a short while by stealing its future growth and now is paying the price.

    Apr 28th, 2013 - 03:07 am - Link - Report abuse 0
  • DanyBerger

    @Anglotino

    Oh! dio why I spend my precious time with an idiot like you?

    Victoria what??? Victoria Station?

    You forgot to include the huge debt of Australia to start with.

    $1.466 trillions that makes the 100% of your GDP. Doesn’t it?

    What makes you to be into the top 10 more indebted countries in the world.

    Have been you thinking how are you gonna pay? Not yet?

    Hurry up before you end up like UK belly up with 10 trillions USD dollar external debt.
    Creating artificial GDP by borrowing money its quite easy the problem comes when the banker knocks at your door with the huge bill. You know?

    And also you forgot to talk about your -$47.1 billions deficit in your balance of payments.

    Any company will be in collapse with this balance.

    Any way still current GDP for Argentina more than 500bn and growing...
    Even IMF hardly can deny that.

    SYL

    Apr 28th, 2013 - 08:34 am - Link - Report abuse 0
  • Anglotino

    Dany

    “Victoria what??? Victoria Station?”

    Your post 29 “By the way about what state are you talking about?”
    My post 30 “My state is Victoria mate”
    Your post 31 “Victoria what??? Victoria Station?”

    Too many sockpuppets to remember what you asked?

    And then we have the change of subject AGAIN.

    Is this taught in school or something? When you can’t argue a point, keep changing it to present a smaller target?

    What does Australia’s foreign debt have to do with it?

    Perhaps we should change the subject to our sovereign wealth fund? $80 billion. Or the $50 billion in RBA assets?

    Or perhaps we should talk about the amount of superannuation saved….. $1.457 trillion.

    What do Argentina’s wealth fund, central bank assets and actual pension assets equal?

    Oh and then you bring up our balance of payments – you really need to get off Google and actually understand a subject.

    You try to look at everything standing alone. But what you can’t deny is that Australia is much much richer, prosperous, safer and comfortable than Argentina even though we were once almost the exact same. We have never defaulted nor devalued our currency.

    We don’t have tanking growth, sky high inflation and rising poverty even with all the ‘faults’ you try to highlight.

    What’s Argentina’s government debt? Or Germany’s? Du bist Deutscher?

    Gawd our government debt is even smaller than China’s or India’s.

    Argentina’s GDP is ARS2,209 billion.

    Try your hardest to make that into US$500 billion.

    Because it ain’t growing. Only INDEC say it is growing. The IMF doesn’t trust INDEC growth figures. Or inflation.

    So without believing those, then how can the IMF believe Argentina’s GDP claims?

    You claimed the Falklands are a failure due to their GDP. I just used your own logic and argument to do the same for Argentina.

    You raised GDP, not me!

    Don’t get upset with me because of your own stupidity.

    Apr 28th, 2013 - 12:19 pm - Link - Report abuse 0
  • DanyBerger

    @AngolaChino

    Oh! poor boy, you live out of reality...

    “2.2 million people living below the poverty line in Australia and close to 600,000 of them are children.”

    http://www.abc.net.au/news/2012-10-14/1-in-8-australians-living-in-poverty/4312154

    And how many people lives in Australia according with the last official census?

    Oops!!!!
    21,507,717 millions

    So 10.5% of Australians are poor.

    Oops!
    10.9 per cent of Australian children living in poverty UNICEF
    http://www.abc.net.au/news/2012-10-14/1-in-8-australians-living-in-poverty/4312154

    AngolaChino Now: “Argentina’s GDP is ARS2,209 billion.”
    AngolaChino Previous:”their GDP was estimated at ARS1,441 billion“

    Oh! just with only a couple of post from you and Argentina have grown from 1,441 trillion to 2.2 trillions GDP.

    Tell me if I wait for another post from you do you think that you will arrive to the actual figure?

    Anyway I will wait for you next post where you sure will tell me that in Australia poverty its not like Argentina because poor in Australia drives Ferraris. Am I right?

    Oh! it is quite shocking the level of poverty in Australia Isn’t it?

    Amnesty International
    http://www.abc.net.au/news/2012-10-14/1-in-8-australians-living-in-poverty/4312154

    People & Power - Two Australia
    http://www.abc.net.au/news/2012-10-14/1-in-8-australians-living-in-poverty/4312154

    Poverty in Queens
    http://www.abc.net.au/news/2012-10-14/1-in-8-australians-living-in-poverty/4312154

    “Don’t get upset with me because of your own stupidity.”

    I’m not upset and you?

    Apr 28th, 2013 - 05:53 pm - Link - Report abuse 0
  • Anglotino

    Well Dany I'm glad you're not upset.

    Because you are quite entertaining. And I don't want to lose you.

    So let's see - we have the obligatory name change - tick.

    And continues to stray off topic - tick.

    Misreads my previous posts - tick.

    Yep you've got the trifecta - congratulations.

    So now I'm Chinese? Well that confirms the racism but hardly an earth shattering insult.

    So poverty in Australia is so high is it? What's the definition? The ABS gives a clue to those that can't CRITICALLY THINK:

    “In 1990 the ”World Bank used a poverty line for each country set at the equivalent (in 1985) of US $370 per person per year. On this basis - equivalent in Australia to around $10 per person per week - there is virtually no poverty in Australia. However, the World Banks' focus was on absolute or subsistence poverty“.

    ”In rich countries like Australia, poverty is conceived in relative rather than absolute terms. This implies that poverty is defined not in terms of a lack of sufficient resources to meet basic needs, but rather as lacking the resources required to be able to participate in the lifestyle and consumption patterns enjoyed by other Australians.“

    Australia and Argentina don't even use the same definition! PMSL

    As a full time student, technically I live below the poverty line. LOL because I fulfil that definition through a choice to return to study.

    On Australia's definition, poverty in Argentina would be more than likely exceed 50%. Maybe even higher with 30% inflation.

    Congratulations you just made Argentina look even WORSE.

    I told you you do make my arguments for me.

    ”AngolaChino Now: “Argentina’s GDP is ARS2,209 billion.”
    AngolaChino Previous:”their GDP was estimated at ARS1,441 billion“

    Really? Reread post 30...... line 5 ..... and I quote:

    “for 2010, their GDP was estimated at ARS1,441 billion.”

    And line 14..... and I quote:

    “So the IMF ESTIMATES current Argentina GDP to be ARS2,209 billion”

    Did you miss the words 2010 and CURRENT?

    Apr 28th, 2013 - 07:56 pm - Link - Report abuse 0
  • DanyBerger

    @Anglotino

    Oh! come on do you really want to have a serious debate about this or we should continue changing name and making jokes?

    Critical thinking? Ha ha very funny

    So are you telling me that these people because are in Australia are just living in relative poverty?
    http://www.youtube.com/watch?v=i_UuXkS3mq4

    Sorry but even in Kibera slum in Kenya are better off.

    The Peruvian slum of villa 31 if they finish it and get running water supplied through pipes instead by pumps and paint it well with psychedelic colours, etc can be turned into a tourist destination called “Little Liguria” in Buenos Aires. Have you ever been in Liguria Spesia in Italy?

    http://www.youtube.com/watch?v=i_UuXkS3mq4
    www.minube.com/fotos/rincon/117034/528084
    http://www.youtube.com/watch?v=i_UuXkS3mq4

    Villa 31
    http://www.youtube.com/watch?v=i_UuXkS3mq4

    Can you see the similarity? Ha ha

    Now you tell me something please...

    Have you any idea how much cost to build these shitty buildings in materials?
    Between USD70.000 to USD 120.000

    So someone that can expend that much cannot be considered poor even in Germany.

    So what the crappy press and you what are judging is the taste in architecture, the no planing and the style of living of these people. What its is another thing.

    Thing that you will find all over the world due to immigration process, like the Italians and Irish in NY, the Indians and Pakistany in London, the Chinese in Sydney or the aborigines in rural areas in Australia.

    So my friend the Peruvian in this slum sure are richer in absolute dollar terms than you. Because I presume that you don’t have USD120.000 to build even a shitty building like they do.

    Am’ right?

    BTW your country is considering to devaluate the AU$ dollar because business are finding difficult to export with an overvalue AU dollar.

    Apr 29th, 2013 - 06:39 am - Link - Report abuse 0
  • Anglotino

    Thanks Dany

    Exactly what we have all come to expect from you so let's sum up now that you have said everything I need you to say.

    *poverty is worse in Australia compared to the following countries:
    -Kenya
    -Peru
    -Argentina

    *the Falkland's are a failure because their GDP is smaller than Argentina
    *Argentina is NOT a failure because its GDP is smaller than Australia

    *the Falkland Islanders are “incompetent or just lazy” because they don't have a $2 trillion economy
    *he can't prove that Argentina's economy is bigger than half a trillion dollars

    Thanks Dany.

    After all, you said it!

    Apr 29th, 2013 - 10:07 am - Link - Report abuse 0

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