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Falklands' annual inflation 0.6%; improvements planned for the index

Saturday, February 22nd 2014 - 06:40 UTC
Full article 30 comments

The Falkland Islands inflation for the last quarter rose by 0.03% with an annual increase of 0.6% it was announced at this week’s Standing Finance Committee, reports the Penguin News. Read full article

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  • Anglotino

    A rate Mercosur countries could only dream of.

    Indeed considering the economic isolation of the Islands, this is an amazing rate and highlights an economic stability that any country would be envious of.

    Feb 22nd, 2014 - 11:47 am - Link - Report abuse 0
  • GFace

    And anyone who wishes can whip out their HP 11-C, do the math themselves, and if they disagree, publish the numbers and their math for critical review without being afraid of being arrested or fined.

    Feb 22nd, 2014 - 01:52 pm - Link - Report abuse 0
  • Brasileiro

    And 3,000 people have inflation?

    Feb 22nd, 2014 - 03:51 pm - Link - Report abuse 0
  • St.John

    @ 3 Brasileiro

    Anyone who has even the slightest knowledge of national economy knows that 0 (zero) inflation poses a severe risk to growth.

    Feb 22nd, 2014 - 04:23 pm - Link - Report abuse 0
  • slattzzz

    @4 that counts you out Brasileiro so don't embarrass yourself by answering

    Feb 22nd, 2014 - 06:14 pm - Link - Report abuse 0
  • paulcedron

    so an almost nonexistent economy has almost no inflation.
    not big deal...

    Feb 22nd, 2014 - 06:54 pm - Link - Report abuse 0
  • toooldtodieyoung

    6 paulcedron

    “so an almost nonexistent economy has almost no inflation.
    not big deal...”

    and yet, and YET..... YOU are still jealous!!! Inflation below 1%???? You can only stare with those covetous eyes of yours from across the water and dream of having economic figures like that of the Falkland Islands.........

    Keep dreaming champ!!!

    Feb 22nd, 2014 - 07:51 pm - Link - Report abuse 0
  • Joe Bloggs

    Well what effect do you deadbeats hope the failed attempts to strangle our commerce links is expected to have? If there is no economy to affect what is the output you wish for. What a dumb argument! Nonexistent economy.

    I have to say I expected more from Brasileiro and Paul. Those comments you made are more the stuff of Marcos and Sussie.

    BTW Paul, what money does the UK Government pay the Falkland Islands?

    Feb 22nd, 2014 - 08:30 pm - Link - Report abuse 0
  • Pete Bog

    @6 Paul

    “so an almost nonexistent economy”

    An almost non existant economy that can afford to send its young people to university in the UK for free, run good public services (including a small airline that works), and that can attract outside investment .

    That economy is going to be awesome when it exists....

    Feb 22nd, 2014 - 10:03 pm - Link - Report abuse 0
  • Joe Bloggs

    9 Pete

    ...and a non-existent economy that TMBOA is trying to blockade. Imagine what sort of economy it would be if we didn't have internationally illegal restrictions imposed upon us by our bully of a neighbour.

    BTW Paul, what money does the UK Government pay the Falkland Islands? You could at least grow a pair and say you were wrong. What sort of a man are you?

    Feb 22nd, 2014 - 10:12 pm - Link - Report abuse 0
  • toooldtodieyoung

    10 Joe Bloggs

    Man or mouse.....????? People want to know.....

    Squeak up Paul, we can't hear you!!!!

    Feb 22nd, 2014 - 10:28 pm - Link - Report abuse 0
  • paulcedron

    joe / toold

    “David Cameron is fond of citing individual cases of families in the UK whose benefits cost the British taxpayer over £30,000 per year. But each and every family in the Falkland Islands costs the British taxpayer ten times that – something which Cameron does not detail.”
    www.craigmurray.org.uk/archives/2013/03/the-falklanders-have-the-right-to-be-stupid/

    Las Malvinas or the Falkland Islands? The Ugly Face of British Imperialism and Its Startling Cost -
    See more at:
    newsjunkiepost.com/2013/01/05/las-malvinas-or-the-falkland-islands-the-ugly-face-of-british-imperialism-and-its-startling-cost/#sthash.3nUa9Wbw.dpuf

    Feb 22nd, 2014 - 11:26 pm - Link - Report abuse 0
  • inthegutter

    #12 You really are a fool, it is simply not true that the Falkland Islanders cost the UK tax payer that amount. The military assets stationed on the islands would likely exist anyway, and therefore have to be supported.

    But let's not forget why they are there at all... Because a thieving would be imperialist country tried to take them by force, costing the lives of hundreds of people. Prior to the war the islands were garrisoned by a few marines.

    So spare us your concern about the British tax payer. You will never get your thieving hands on the Falklands.

    Feb 23rd, 2014 - 05:29 am - Link - Report abuse 0
  • Islander1

    1 Paul- see my explanation of why it does NOT cost the Br Taxpayer any significant amount to defend us on the article about the new falklands war over the waves.
    In that I forgot to mention the money that flows INTO the British economy from the Islands, and the number of UK people who have jobs because of the Falklands.And the number who are likely to have jobs in future as and when offshore hydrocarbons get going.

    Feb 23rd, 2014 - 09:49 am - Link - Report abuse 0
  • CaptainSilver

    Moron @12, anything we pay for the Falklands we give gladly because we don't want to see our islands colonised by morons like yourself who shit in people's houses, cover everywhere in mines, use women and children as human shields and throw disenters into the river Plate. - cant you understand that? You are international pariahs, classed with Cuba., Venezuela and Iran!

    Feb 23rd, 2014 - 12:23 pm - Link - Report abuse 0
  • LEPRecon

    @12

    Since you aren't a UK taxpayer you shouldn't worry your head about it.

    This 'tactic' has been used by La Campora trolls in the past, with NO success, but feel free to keep flogging this dead horse.

    As a UK taxpayer, let me put your concerns to rest. Even if the defence of the Falklands cost 100 times more than it actually does I would gladly pay it.

    You see you can't put a price on freedom and democracy.

    And when Argentina has be consigned to the history books as an example of how NOT to run a country, the Falkland Islands will still be going strong as a people FREE of the tyranical dictatorship of a bunch of inept wannabe imperialists that is Argentina.

    Keep watching what is happening in the Ukraine. The President tried to flee, but was stopped by the security services of that country. The President lived in opulent luxury whilst his people starved.

    Take that as an object lesson on what will happen, sooner or later, to the dictatorship of Maduro and Kirchner.

    Feb 23rd, 2014 - 12:37 pm - Link - Report abuse 0
  • paulcedron

    “Since you aren't a UK taxpayer you shouldn't worry your head about it.”

    since you are not argentinian, you shouldnt worry your head about the situation of argentina?

    and a british talking about imperialism?? you must be joking LOL

    learn the sad history of your country before opining about the rest.

    Feb 23rd, 2014 - 12:52 pm - Link - Report abuse 0
  • Pete Bog

    @17

    But Argentina seeks imperialism now, whereas the UK has consigned it to the past-so you haven't learned from the UK's lessons, that imperialism doesn't last.

    However, it's not going to stop you picking on people less numerous than yourself, and your sad, recent history (i.e. 1982) demonstrates what happens when you practice your imperialist dreams.

    Feb 23rd, 2014 - 04:53 pm - Link - Report abuse 0
  • Anglotino

    Funny that paulcedron talks about taxpayers when you consider how much of GDP the Argentinean government takes in taxes.

    And what is there to show for it? At least the UK has the Falklands to shows for it.

    Feb 23rd, 2014 - 08:23 pm - Link - Report abuse 0
  • inthegutter

    #17

    How much of a hypocrite are you? Argentina was founded as a product of imperialism. As soon as it gained independence it went on its imperialist rampage conquering several times its original territory and massacring the inhabitants.

    Most recently, in 1982, it attempted to subjugate a peaceful and barely defended population by exporting its right-wing military murderous dictatorship on an entirely different culture.

    Argentina is infinitely more a product of imperialism than the United Kingdom.

    Seriously, do you know nothing of your own country's history?

    Feb 23rd, 2014 - 08:46 pm - Link - Report abuse 0
  • paulcedron

    i know you do not have too much instruction or education there in the islets, but anyway, you should know the difference between being a product of colonialism and being colonialist.
    for instance: new zealand, brazil, argentina, etc are product of colonialism + immigration.
    the uk, portugal, spain are / were colonial powers.
    in the case of the uk they insist in having colonies even in the 21st century: gibraltar, north ireland, malvinas, the list goes on, they are 14 colonies.

    so, try to find a school and go back there soon.

    Feb 23rd, 2014 - 10:15 pm - Link - Report abuse 0
  • Anglotino

    Argentina is the product of colonialism.
    Falkland Islands is the product of colonialism.

    Argentina exercised their right to self determination in 1816.
    Falkland Islands exercised their right to self determination in 2013.

    Argentina become a republic.
    Falkland Islands stayed a BOT.

    Feb 24th, 2014 - 04:28 am - Link - Report abuse 0
  • inthegutter

    #21

    Spare us the bashing of islanders education system. I'm sure at primary and secondary level they far surpass that of Argentina. At the Tertiary level they, as far as I understand, typically send students to UK universities (which has about the best system of universities in the world). (P.S. I'm obviously not an islander).

    Argentina was both a product of colonialism and a colonialist power. As I mentioned Argentina conquered and colonised vast tracks of territory in South America which were never part of the Spanish empire. Please enlighten us how this was not colonialism.

    “in the case of the uk they insist in having colonies even in the 21st century: gibraltar, north ireland, malvinas, the list goes on, they are 14 colonies.”

    All of which have expressed their desire to maintain their relationship with the UK, or at the very least, have not asked for independence thereby implicitly supporting the status quo.

    Feb 24th, 2014 - 06:48 am - Link - Report abuse 0
  • Islander1

    Paulcedron- Since when has Northern Ireland been a Colony!!?? - It is a part of the United Kingdom with elected representatives sitting in Parliament in London with devolved local Govt powers like Scotland and Wales have. - and the majority of its population wish that to continue! What is your problem with that?
    Place like The Falklands are NOT part of the United Kingdom - we are British Overseas Territories - something rather different.We for example have a Falklands Islands Govt office in London that publically represents us in London -and all paid for by us.

    Educarion- yes we have compulsory free state Education in the Islands. follows the British Education Curriculum, with qualified teachers-- some Islanders,some British, some from New Zealand. 2 full time Schools in Stanley one Infant and Junior to 10rs and one Senior School 11-16yrs. at 15-16yrs students sit UK exam boards and if they meet the grades Falklands Govt then pays for them to go to higher education overseas- mostly in UK but not always- including technical college and university etc - all paid for by Falkland Islands Govt.
    Kids under 10 on the remote farms have a resident teacher if 4 or more kids I think, if less then they get a travelling teacher who comes to the farm on rotation to teach for a week or two and then in daily contact with those kids anyway by Skype/radio etc as well. At age 10 the Falklands Govt then pays for kids to come to Stanley and provides Boarding Hostel for them to go to the senior School.
    So how does Education work in remote rural areas of Argentina then?

    Feb 24th, 2014 - 11:42 am - Link - Report abuse 0
  • GFace

    @21 Harping on the Falklanders small, but for an isolated community rather innovative, education system while sitting smugly in a country that in **2014** shamelessly teaches that equivalent of the “injustice” of the “fatherland” losing Poland and how Germany is legally and morally entitled to the 1942 boarders brings new meaning to the word chutzpah.

    You always whine about how people here(including non-brits) pick on and gratuitously and “unfairly” criticize Argentina. And still after seeing how your governments treat the islanders who have been there apparently longer than your family claims to have been in Argentina, and certainly have been there longer than your country controlled the mainland province (which you acquired through genocide and conquest) from which your government pretends to rule the islanders, you REALLY just don't get it do you? Most of the rancor that comes Argentina's here way comes from your country'ss despicable neocolonialist and neoimperialist intentions towards people who have been there as long (or longer than you have) while you sit on a mass grave of first nation people for whose displacement you gladly excuse yourself while calling the islanders “pirates” and “occupas” ignoring or absolving yourself from your countries crimes in 1982 that you STILL proudly celebrate on coinage. Once again, do you REALLY *NOT* get this? How DO you expect those of us sitting outside of the UK/FI/AR conflict outside of the regional alliance bubble that you rely on to enable your fantasies to see this??!?

    Feb 24th, 2014 - 04:32 pm - Link - Report abuse 0
  • Clyde15

    #21
    You keep quoting the UK's 14 colonies...incorrectly, however,YOU tell us what should be done with them. We want more than “free them” as a glib reply.
    It should be an easy answer as I am sure you go to sleep every night with this as the main problem on your mind. OK, Oh wise one, tell us how it should be done...and you are NOT getting the Falklands against the wishes of the populace..

    Feb 24th, 2014 - 05:22 pm - Link - Report abuse 0
  • The Cestrian

    I see the Falklands inflation rate is the same as Argentina's...oh sorry I thought it said 106%.

    As for the cost of the Falklands. Cost is immaterial. whats more important is that we have a stranglehold on that part of the ocean. Strategically very important for British interests.

    Also it provides a nice home to hundreds, thousands, nee millions of nuclear weapons all posing a threat to peace and stability in south America...or maybe not.

    Chuckle, chuckle.

    Feb 25th, 2014 - 03:24 pm - Link - Report abuse 0
  • GFace

    @27 (Psssst. Ixnay on the eathday ayray)

    Feb 25th, 2014 - 06:22 pm - Link - Report abuse 0
  • toooldtodieyoung

    21 paulcedron

    Please, please stop now!! You are killing me, you with your jokes!!!!

    On the “The new Falklands war: fought over the waves“ thread you were claim: - “i know your only source of information in the islands is this poor newspaper”

    So please stop, I know, I know that it is everybody’s human right to be an idiot but man, you are seriously abusing it.

    Unless you are using this forum to test out material for an upcoming world comedy tour, in which case, I will have 2 tickets for that please!!

    Feb 25th, 2014 - 09:36 pm - Link - Report abuse 0
  • GFace

    @29 A lot of Paul's frothier stuff is more of a case study of projection rather than a comedy act.

    Falklanders are occupiers (where as Argentines waving fingers atop a mass grave of first nations people are not) Falklanders are poorly educated. Falklanders have a lousy economy. Falklanderrs have little access to quality news. Falklaners look at internet porn....

    Feb 26th, 2014 - 03:17 pm - Link - Report abuse 0

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