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.
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.
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.
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.
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.
The Falkland Islands will be marking the anniversary of the liberation of the Islands from Argentine occupation with a vast program scheduled for Sunday 14, June, 2015, in the capital Stanley.<
The program includes a religious service, a ceremony at Liberation Monument and later a reception hosted by Falkland Islands governor Colin Roberts. MLA Ian Hansen will be presented with the South Atlantic Medal on behalf of all Islanders.
For the first time a man born in the Falkland Islands, will be voting in the coming Argentine elections, according to reports in the Buenos Aires media. The man is Alejandro Betts, 58, who received his Argentine ID at a ceremony in the Argentine embassy before United Nations, and will thus be eligible to cast a ballot in the coming Tierra del Fuego provincial and municipal elections.
The Falkland Islands Government welcomed Thursday's announcement by Premier Oil and partners that the 14/20-1 ‘Isobel Deep’ exploration well has been declared an oil discovery. Isobel Deep in the North Falkland basin, is the second well of a six-well offshore campaign planned to take place in the Islands waters through 2015.
The BBC Trust has rejected complaints over Top Gear's Patagonia special, in which a car number plate which appeared to refer to the 1982 Falklands war. The production team fled Argentina following protests over the use of the registration number H982 FKL.
The Falkland Islands are very pleased with their current political and democratic status based on the UN charter and confirmed in the 2013 referendum, enjoy a prosperous economy with emphasis on social policies and environment conservation and have good neighborly relations with nearby countries, except for Argentina that “continues to ignore our people's right to self-determination and covet our territory”.