The Falkland Islands economy is expected to expand by 5.3% in real terms during 2010, following a period of contraction in 2009, which was caused primarily by a poor fish harvest rather than the immediate effects of the global recession, according to the Economic Briefing & Forecast released by the Falklands’ government.
MORE than a thousand mines have been recovered and destroyed by deminers working in the Falkland Islands. The Falkland Island Demining Programme Office (FIDPO) was established in Stanley in early October 2009.
The point of view of Falkland Islanders has been included in two leading newspapers in the UK this week, ensuring that British public opinion is aware of Islanders’ position.
The Falkland Islands Government donated £ 5.000 to the Chile Earthquake Appeal Fund, which was opened by Chilean residents in the Islands to help victims of the earthquake that devastated central Chile.
The Falkland Islands Government hosted a dinner at the House of Commons to say farewell to Sir Nicholas Winterton MP, as Chairman of the UK Falkland Islands All Party Parliamentary Group (APPG), a post he has held since 1997.
Exploratory oil drilling, which began last month in waters north of the Falkland Islands (whose sovereignty remains contested by the United Kingdom and Argentina) has upped the tension level in the region, the security information provider Jane's has noted.
CHILEAN flags have been on display in the Falkland Islands as members of the Chilean community, along with Islanders, have begun fundraising for victims of the Chile earthquake.
The Washington Post published this week an editorial on the current Falkland Islands situation arguing that “you know that an Argentine leader must be in political trouble” if the subject of the South Atlantic Islands comes up again.
Standard Chartered has reported record profits in 2009 and criticised some recent proposals to regulate banks. Pre-tax profits were 5.15 billion USD (£3.4bn), up 13% from 2008. Total pay and bonuses rose 4% to 4.91 billion USD.
The fourth British company licensed to explore in Falkland Islands waters, Borders and Southern Ltd announced preparations were “well underway” for a drilling campaign to the south of the Islands.