
Falkland Islands visitor arrivals in 2012 by inbound overnight tourists, cruise passengers and domestic tourists are expected to total 57.000 spending around £7 million. Cruise ship passengers are forecast to make up 35.000 of the 57,000 in the 2012/13 season.

The North Falkland basin explorer Desire Petroleum has revealed the findings of an economic assessment of the group’s stake in the Sea Lion oil discovery, based on a high level development concept and economic review by Senergy from the UK.

The Argentine government reactivated the National Committee of former Malvinas combatants which will support legal actions against crimes committed by Argentine officers during the 1982 conflict and demand DNA tests to identify the 123 remains buried in the Darwin cemetery in the Falklands.

Goldman Sachs raised its price target on several exploration and production companies, including Falklands’ Rockhopper Exploration, and said there were opportunities for deals in some assets in the sector.

British relations in South America could falter if the UK Government refuses to hold talks on the Falkland Islands sovereignty with Argentina, the country’s ambassador to London said this week.

The Argentine hockey player filmed training on the Falkland Islands in a controversial video that caused a furor in Britain last week has been dropped from Argentina’s final Olympic Games warm-up event.

The Argentine Olympic Committee has responded for the first time to an advertisement on state-run TV that links a dispute with Britain about the Falklands/Malvinas Islands to the London Games.

The largest trade mission to visit Britain from the Falkland Islands for almost 20 years will arrive in Aberdeen on Tuesday to explore the opportunities arising from the Islands’ fledgling oil and gas industry, reports The Scotsman.

President Cristina Fernández said in relation to the controversial Olympic/Malvinas advert that “creativity can’t be censored”, on the contrary it should be “applauded” because it reflects the feelings of the Argentines. The head of state also rejected lifting the spot as demanded by Britain and the Y&R agency in New York.

Hundreds of veterans and members of the public gathered on Sunday in Portsmouth and Sheffield to mark the 30 years since the Falkland Islands conflict.