Falkland Islands

Wednesday, June 2nd 2021 - 01:15 UTC
Falklands publishes ‘prudent budget’ for 2021/22

The Falkland Islands Government yesterday published its budget for the upcoming financial year, describing it as a prudent budget that focuses on stability and continuity. The budget forecasts operating expenditure of £78.3m and revenues of £92.2m, as well as a capital programme totalling £53.5m for the upcoming financial year.
Thursday, May 27th 2021 - 08:50 UTC
Royal Navy's Type 31 frigates have names; HMS Active recalls her predecessor and Falklands liberation

The names of five next-generation Type-31 frigates for the Royal Navy have been announced. Approved by HM The Queen, the vessels will be named HMS Active, HMS Bulldog, HMS Campbeltown, HMS Formidable and HMS Venturer.
Tuesday, May 25th 2021 - 13:25 UTC
Falkland Islands nearing completion of nationwide Covid-19 vaccination programme

The Falkland Islands Government is pleased to confirm that it is nearing completion of the rollout of its nationwide Covid-19 vaccination programme. 95% of those aged over 18 in the community has now received two doses of the Oxford/Astra Zeneca vaccine, providing an additional layer of protection against the coronavirus for the vast majority of the Falkland Islands population.
Friday, May 21st 2021 - 23:59 UTC
Falklands, 40th anniversary of liberation to be a year of commemoration and celebration

Falkland Islanders are hoping to mark the 40th Liberation anniversary with a year of events that both commemorate the liberation of the islands and look to their future, the Chair of the 40th-anniversary committee told Mercopress this week.
Friday, May 21st 2021 - 23:21 UTC
“Scenic Eclipse II”, confidence in the cruise industry and the luxury travel market

In a strong message of confidence for the future of the cruise industry and the luxury travel market, Scenic has started production on Scenic Eclipse II, the sister ship to Scenic Eclipse, the world’s most luxurious discovery yacht. The beginning of production was announced at the keel-laying ceremony, with the Croatian Prime Minister in attendance.
Monday, May 17th 2021 - 21:01 UTC
Falklands waters: A haven for Sei whales

The coastal waters of the Falkland Islands have been confirmed as a Key Biodiversity Area for Sei whales, the first of its kind in the world. The announcement comes after five years of surveys carried out in Falklands waters by Falklands Conservation.
Tuesday, May 11th 2021 - 09:36 UTC
Falklands plans to borrow US$ 85 million for the port, and manages a credit rating of A+ from S&P Global

Reuters has reported that the Falkland Islands got its first sovereign credit rating, an investment-grade A+ score from S&P Global on Monday, as the tiny British-run territory looks to dip into borrowing markets to pay for improvements to its main port.
Tuesday, May 11th 2021 - 01:49 UTC
Vigo anticipates a 50,000 tons Falklands' Loligo catch but it will have to pay tariff to access the EU

The Falkland Islands' fishing industry partners/associates in Vigo are faced with good and bad news. The good news is that the Loligo catch is expected to reach 50,000 tons, while the bad news is that the exceptional squid harvest expected to begin arriving next week in Vigo will be, for the first time facing a 6% tariff when landed in Spain, according to the Galicia media.
Monday, May 10th 2021 - 06:08 UTC
Falklands closes first Loligo season earlier; successful catch anticipated

The Falkland Islands Loligo (Falkland Calamari) fishery, which holds two seasons a year, closed its first season of 2021 early – the northern part of the box on April 14 and the south on April 28, three days before the planned last day of May 1.
Thursday, May 6th 2021 - 23:59 UTC
Falklands economy boasts healthy trade surplus but income inequality increases

The value of goods exported from the Falkland Islands recorded a compound annual growth rate of 8.1% between 2010 and 2019, according to the Falkland Islands Government’s State of the Economy report.