Falkland Islands

• Thursday, March 4th 2010 - 11:46 UTC

  Standard Chartered record profits; criticizes regulation proposals

  

  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.

• Wednesday, March 3rd 2010 - 23:05 UTC

  Falklands fourth Oil Company announces plans to drill south of the Islands

  

  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.

• Wednesday, March 3rd 2010 - 22:45 UTC

  “Falklands has a right to oil exploration”, letter in The Times

  

  Licences to drill for oil in Falkland Islands territorial waters were issued by the Falklands’ government, not by London, and Islanders are entitled to do this by the terms of the Joint Declaration over Oil issued by the Argentine and British governments in 1995, said Falklands Government Representative in London Sukey Cameron.

• Wednesday, March 3rd 2010 - 07:26 UTC

  Falklands send message of sympathy and support to the Chilean people

  

  The Falkland Islands government sent on Tuesday a message (in English and Spanish) of sympathy and support to the Chilean people “at this terrible time of tragedy”.

• Wednesday, March 3rd 2010 - 07:11 UTC

  Falklands’ MLA at Westminster political seminar

  

  The Falkland Islands most voted member of the Legislative Assembly is currently in the United Kingdom where he will be participating of the Westminster Seminar, which is described as a perfect learning ground for recently elected politicians.

• Tuesday, March 2nd 2010 - 22:08 UTC

  MPs claim UK defense spending on Falklands 50% down in six years

  

  Defense spending on protecting the Falkland Islands has plunged by 50% cent in just six years, it was claimed by a report in London’s Daily Mail.

• Tuesday, March 2nd 2010 - 19:56 UTC

  Spain says Falklands’ dispute is bilateral: EU should refrain from involvement

  

  Spain has declared that the European Union should refrain from any type of involvement in the Falkland Islands dispute, according to the official news agency EFE. A spokesman for the Spanish Government, which currently holds the rotating six-month presidency of the EU, is quoted as saying that “this is not a European matter but a British one, a bilateral affair rather than a regional one.

• Tuesday, March 2nd 2010 - 19:53 UTC

  Britain rejects US offer to help UK and Argentina resolve Falklands’ dispute

  

  Downing Street has rejected an offer from the United States to help the UK and Argentina resolve their latest dispute over the Falkland Islands. US Secretary of State Hillary Clinton made the offer after renewed tensions were triggered with the beginning of a round of exploratory oil drilling in the Islands’ waters.

• Tuesday, March 2nd 2010 - 05:11 UTC

  Falklands: Argentina formally request Hillary Clinton US mediation

  

  Argentine president Cristina Fernandez de Kirchner formally requested visiting Secretary of State Hillary Clinton that the United States act as intermediate in the Argentine-United Kingdom Falkland Islands dispute.

• Monday, March 1st 2010 - 01:39 UTC

  Argentina warns BHP Billiton about drilling in Falklands’ waters

  

  Argentina's ambassador to Australia says Melbourne based mining group BHP Billiton will face business sanctions if it pushes ahead with oil exploration in Falklands waters. BHP has a licence to explore off the Falkland Islands and is scheduled to start doing so in the next four months, reports Australian Broadcasting Corporation.