Following on from the announcement that the EU has ruled that the present Gibraltar exempt company system must end by 2010, the otherwise rock solid economy has been given a further blow by the by the MoD, with some 600 civilian jobs scheduled to go.
Headlines:
?On your marks...'; Falkland Gold and Minerals to drill on Monday; Illex unimpressive but looking better than last year; Brock: Government ?competes with media'; Atlanta replaces Luxor; SAMA Wales men arrive.
VT Group plc has been awarded a contract by the Ministry of Defence for the construction of a new 80 metre Offshore Patrol Vessel (Helicopter) for the Royal Navy.
HOPES of a new gold rush in the Falklands will come a step closer next week with the start of an exploratory drilling programme near Goose Green.
FALKLANDS Councillors made it clear this week that if offshore oil reserves are discovered, the financial bonanza won't come soon enough to dig their budgets out of the immediate hole left by a reduced illex fishery.
A CONTINGECY plan is being written up for Stanley so that the town will be better prepared if it ever again finds itself overnight host to hundreds of stranded cruise ship passengers.
Hardman Resources has been advised by the operator Falkland Oil and Gas Ltd that it has completed recording approximately 85% of the planned 4,900 kilometre 2D seismic survey in their 33,000 square kilometre licence areas to the south and east of the Falkland Islands (Hardman (22.5%) is in joint venture with FOGL (77.5%).
A four-member team returned Tuesday to the United Kingdom after a week spent discussing with Falkland Islanders their experiences of living alongside landmines.
THE families of Argentine war dead will be under strict instructions to fly no national flags during the dedication of the Darwin War Memorial in March.
THE deaths of hundreds of Chinstrap penguins at Cooper Bay, South Georgia late last year have been blamed on Avian Cholera (Pasturella multocida), a bacterium that has previously been identified in the Antarctic and other sub-Antarctic islands.