)crude oil and lease condensate imports: 0 bbl/day (2018 est. 
The government began selling fishing licenses to foreigners in 1987, and the revenue generated from such sales became a major contributor to the economy. [15] The nomenclature used by the United Nations for statistical processing purposes is Falkland Islands (Malvinas). [28], The British and Spanish settlements coexisted in the archipelago until 1774, when Britain's new economic and strategic considerations led it to voluntarily withdraw from the islands, leaving a plaque claiming the Falklands for King George III. [75][76][77], As of 2011 the East and South Falklands Fields had not been fully evaluated; Leiv Eiriksson, a 5th generation semi-submersible drilling rig, is expected to drill two exploratory wells for Falkland oil and gas in 2012. Standard Chartered Bank, headquartered in London, is the only bank. These days, the island chain has a stable economy and population and is keen to assert its independence free of unwanted Argentine influence. [39] The Argentine Confederation (headed by Buenos Aires Governor Juan Manuel de Rosas) protested against Britain's actions,[40][G] and Argentine governments have continued since then to register official protests against Britain. Corrections? Webare 30 round magazines legal in texas; c6h4cl2 empirical formula; . [20][21][B] The first undisputed landing on the islands is attributed to English captain John Strong, who, en route to Peru and Chile's littoral in 1690, explored the Falkland Sound and noted the islands' water and game. [141], In the 2012 census, most islanders identified themselves as Christian (66 per cent), followed by those with no religious affiliation (32 per cent). Age structure 0-14 [130] Since the end of the Falklands War in 1982, the islands' economic activity increasingly focused on oil field exploration and tourism. The Stanley Marathon has been run annually (March) since 2005. islands and British overseas territory, Atlantic Ocean. It then diversified and now has income from tourism, commercial fishing , and servicing the fishing industry as well as agriculture. Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. The government of the Falkland Islands also administers the British overseas territory of South Georgia and the South Sandwich Islands, including the Shag and Clerke rocks, lying from 700 to 2,000 miles (1,100 to 3,200 km) to the east and southeast of the Falklands. In the late 20th century the government instituted policies to encourage an increase in the number of smaller, locally operated farms rather than corporate-owned farms. [82] The Bureau also handles philately-related sales on behalf of the governments of Government of South Georgia and the South Sandwich Islands and of the British Antarctic Territory. The UK asserted its claim to the islands by establishing a naval garrison there in 1833. [51] In 2013 passengers from cruise ships faced protests in Latin American ports over the British military presence. 79.6, improved: urban: 100% of populationrural: 78.2% of populationtotal: 95.3% of populationunimproved: urban: 0% of populationrural: 21.8% of populationtotal: 4.7% of population (2020), improved: urban: 100% of populationrural: 100% of populationtotal: 100% of populationunimproved: urban: 0% of populationrural: 0% of populationtotal: 0% of population (2020), overfishing by unlicensed vessels is a problem; reindeer - introduced to the islands in 2001 from South Georgia - are part of a farming effort to produce specialty meat and diversify the islands' economy; this is the only commercial reindeer herd in the world unaffected by the 1986 Chornobyl disaster; grazing threatens important habitats including tussac grass and its ecosystem with penguins and sea lions; soil erosion from fires, conventional long form: noneconventional short form: Falkland Islands (Islas Malvinas)etymology: the archipelago takes its name from the Falkland Sound, the strait separating the two main islands; the channel itself was named after the Viscount of FALKLAND, who sponsored an expedition to the islands in 1690; the Spanish name for the archipelago derives from the French "Iles Malouines," the name applied to the islands by French explorer Louis-Antoine de BOUGAINVILLE in 1764, parliamentary democracy (Legislative Assembly); self-governing overseas territory of the UK, overseas territory of the UK; also claimed by Argentina, name: Stanleygeographic coordinates: 51 42 S, 57 51 Wtime difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time)etymology: named after Edward SMITH-STANLEY (1799-1869), the 14th Earl of Derby, a British statesman and three-time prime minister of the UK who never visited the islands, none (overseas territory of the UK; also claimed by Argentina), history: previous 1985; latest entered into force 1 January 2009 (The Falkland Islands Constitution Order 2008), chief of state: King CHARLES III (since 8 September 2022); represented by Governor Alison BLAKE (since 23 July 2022)head of government: Chief Executive Andy KEELING (since April 2021)cabinet: Executive Council elected by the Legislative Councilelections/appointments: the monarchy is hereditary; governor appointed by the monarch; chief executive appointed by the governor, description: unicameral Legislative Assembly, formerly the Legislative Council (10 seats; 5 members directly elected in the Stanley constituency and 3 members in the Camp constituency by simple majority vote, 2 appointed non-voting ex-officio members - the chief executive, appointed by the governor, and the financial secretary; members serve 4-year terms); note - several previous referendums - the latest in September 2020 - on whether to merge the Stanley and Camp constituencies into a single islands wide constituency, failedelections: last held on 4 November 2021 (next to be held in November 2025)election results: percent of vote - NA; seats - independent 8; composition of elected members -men 6, women 2, percent of women 25%, highest court(s): Court of Appeal (consists of the court president, the chief justice as an ex officio non-resident member, and 2 justices of appeal); Supreme Court (consists of the chief justice); note - appeals beyond the Court of Appeal are referred to the Judicial Committee of the Privy Council (in London)judge selection and term of office: chief justice, court of appeal president, and justices appointed by the governor; tenure specified in each justice's instrument of appointmentsubordinate courts: Magistrate's Court (senior magistrate presides over civil and criminal divisions); Court of Summary Jurisdiction, embassy: none (overseas territory of the UK; also claimed by Argentina), blue with the flag of the UK in the upper hoist-side quadrant and the Falkland Island coat of arms centered on the outer half of the flag; the coat of arms contains a white ram (sheep raising was once the major economic activity) above the sailing ship Desire (whose crew discovered the islands) with a scroll at the bottom bearing the motto DESIRE THE RIGHT, name: "Song of the Falklands"lyrics/music: Christopher LANHAMnote: adopted 1930s; the song is the local unofficial anthem; as a territory of the United Kingdom, "God Save the King" is official (see United Kingdom), British South American territorial economy; longstanding fishing industry; surging tourism prior to COVID-19 and Brexit; recent offshore hydrocarbon discoveries threaten ecotourism industries; no central bank and must have British approval on currency shifts, $206.4 million (2015 est. South Georgia and the South Sandwich Islands, Convention for the Conservation of Antarctic Marine Living Resources (CCAMLR), Floating production storage and offloading (FPSO), "Falklands Annual Address: a confident community's proud report planning for the future", "Falkland Islands millionaires reap the war dividend", "Why do so many people move to the Falkland Islands? 
The minefields were fenced off and marked; there remain unexploded ordnance and improvised explosive devices. [153], Falklands culture is based on the cultural traditions of its British settlers but has also been influenced by Hispanic South America. WebThe Falkland Islands have a GDP of $164.5 million, and a per capita GDP of $70,800 (2015 estimate) compared with the United Kingdom GDP per capita of $35,200 (2009 estimate). The common Spanish name for the archipelago, Islas Malvinas, derives from the French les Malouinesthe name given to the islands by French explorer Louis-Antoine de Bougainville in 1764. )proven reserves: 0 cubic meters (2021 est. ), installed generating capacity: 11,000 kW (2020 est. [94][L], In 2009 the British prime minister, Gordon Brown, had a meeting with the Argentine president, Cristina Fernndez de Kirchner, and said that there would be no further talks over the sovereignty of the Falklands. )solar: 0% of total installed capacity (2020 est. [48] Early in its history Stanley had a negative reputation due to cargo-shipping losses; only in emergencies would ships rounding Cape Horn stop at the port. )$167.5 million (2013 est. Falkland Islands, also called Malvinas Islands or Spanish Islas Malvinas, internally self-governing overseas territory of the United Kingdom in the South Atlantic Ocean. Please select which sections you would like to print: Alternate titles: Islas Malvinas, Malvinas Islands. Coins for local use were first struck in 1974 and are the same size as the corresponding British coins. Endemic land animals have been the most affected by introduced species, and several bird species have been extirpated from the larger islands. WebThe Falkland Islands have a GDP of $164.5 million, and a per capita GDP of $70,800 (2015 estimate) compared with the United Kingdom GDP per capita of $35,200 (2009 estimate). )[12], Electricity production by source: (2016 est. WebLatest Trends Historical Data Economic Complexity Overview In 2020 Falkland Islands was the number 169 economy in the world in terms of total exports and the number 208 in total imports. [115] The Falklands are treeless and have a wind-resistant vegetation predominantly composed of a variety of dwarf shrubs. [16] Although Lord Shackleton's Report (1982) recommended the setting up of a 200-nautical-mile (370km; 230mi) fisheries limit which gave an impetus to the fishing industry, the report did not go into much detail regarding the expansion of the industry. The islands social welfare system is adequate, and primary education is free. Four-fifths of the population lives in Stanley. )-1.8% (2014 est. As the blueprint for the future development of the Falkland Islands, this means there are a number of capital commitments included within the Budget for 2021/22. Initially there were seven classes of licence, but as of the 2009 season, this was increased to ten classes of licence. WebFalkland Islands Tourism: Tripadvisor has 5,709 reviews of Falkland Islands Hotels, Attractions, and Restaurants making it your best Falkland Islands resource. [6] The name "Falkland" was applied to the channel by John Strong, captain of an English expedition that landed on the islands in 1690. Status: 03/23/2023 1 US dollar = 0.81 Pounds 1 Pound = 1.23 US dollar The climate on the Falkland Islands This has been attributed to the lower than usual sea temperatures during the feeding season in FebruaryMay.[35]. airoh commander visor removal. [49] Nevertheless the Falklands' geographic location proved ideal for ship repairs and the "Wrecking Trade", the business of selling and buying shipwrecks and their cargoes. The official currency is the Falkland pound, which is on par with the British pound. Religions Christian 57.1%, other 1.6%, none 35.4%, unspecified 6% (2016 est.) )note: data include all persons usually resident in the islands at the time of the 2016 census, noun: Falkland Islander(s)adjective: Falkland Island, Falkland Islander 48.3%, British 23.1%, St. Helenian 7.5%, Chilean 4.6%, mixed 6%, other 8.5%, unspecified 2% (2016 est. [72] Under the 2009 Constitution, the islands have full internal self-government; the UK is responsible for foreign affairs, retaining the power "to protect UK interests and to ensure the overall good governance of the territory". The population (3,662 inhabitants in 2021)[1] is primarily native-born Falkland Islanders, the majority of British descent. [63] The war also left some 117 minefields containing nearly 20,000 mines of various types, including anti-vehicle and anti-personnel mines. [16], Although Fuegians from Patagonia may have visited the Falkland Islands in prehistoric times,[17][18] the islands were uninhabited when Europeans first explored them. 399,700tonnes in 196970, 101,560tonnes in 197071, 2,740tonnes in 197172. Southern South America, islands in the South Atlantic Ocean, about 500 km east of southern Argentina, total: 12,173 sq kmland: 12,173 sq kmwater: 0 sq kmnote: includes the two main islands of East and West Falkland and about 200 small islands, territorial sea: 12 nmcontinental shelf: 200 nmexclusive fishing zone: 200 nm, cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; average annual rainfall is 60 cm in Stanley; occasional snow all year, except in January and February, but typically does not accumulate, rocky, hilly, mountainous with some boggy, undulating plains, highest point: Mount Usborne 705 mlowest point: Atlantic Ocean 0 m, fish, squid, wildlife, calcified seaweed, sphagnum moss, agricultural land: 92.4% (2018 est. [97] In March 2013 the Falkland Islands held a referendum on its political status: 99.8% of votes cast favoured remaining a British overseas territory. [53] In 1881, the Falkland Islands became financially independent of Britain. The Falkland Islands currently has three primary means of transport - road, sea and air. Falklandsinfo: Welcome to our Spectacular Islands! [44] She has since extended her claim to all of the Falkland Island waters. According to Argentine legal analyst Roberto Laver, the United Kingdom disregards Jewett's actions because the government he represented "was not recognized either by Britain or any other foreign power at the time" and "no act of occupation followed the ceremony of claiming possession". The FOCZ includes part of the Burdwood Bank, borders on the confines of the continental shelf and includes part of the Falklands Escarpment - a 2,000-metre (6,600ft) undersea escarpment running eastwest. The Falkland Islands real GDP increased by 14.6% between 2007 and 2018, equivalent to a compound annual growth rate of 1.2%, according to the report. In Spanish the territory was designated as Islas Malvinas (Falkland Islands). Most of the fishing takes place in water up to 200 metres (660ft) deep on this spur or on the Burdwood Bank - another spur lying on an undersea ridge to the south of the Falkland Islands and separated from the islands by a deep channel known as the Falklands Trough. [60] Substantive sovereignty talks again ended by 1981, and the dispute escalated with passing time. [66] In February 2011 Rockhopper Exploration commenced an appraisal programme of the Sea-Lion discovery. In the First World War Battle of the Falkland Islands in December 1914 a Royal Navy fleet defeated an Imperial German squadron. )transmission/distribution losses: 1 million kWh (2019 est. 
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The government began selling fishing licenses to foreigners in 1987, and the revenue generated from such sales became a major contributor to the economy. [15] The nomenclature used by the United Nations for statistical processing purposes is Falkland Islands (Malvinas). [28], The British and Spanish settlements coexisted in the archipelago until 1774, when Britain's new economic and strategic considerations led it to voluntarily withdraw from the islands, leaving a plaque claiming the Falklands for King George III. [75][76][77], As of 2011 the East and South Falklands Fields had not been fully evaluated; Leiv Eiriksson, a 5th generation semi-submersible drilling rig, is expected to drill two exploratory wells for Falkland oil and gas in 2012. Standard Chartered Bank, headquartered in London, is the only bank. These days, the island chain has a stable economy and population and is keen to assert its independence free of unwanted Argentine influence. [39] The Argentine Confederation (headed by Buenos Aires Governor Juan Manuel de Rosas) protested against Britain's actions,[40][G] and Argentine governments have continued since then to register official protests against Britain. Corrections? Webare 30 round magazines legal in texas; c6h4cl2 empirical formula; . [20][21][B] The first undisputed landing on the islands is attributed to English captain John Strong, who, en route to Peru and Chile's littoral in 1690, explored the Falkland Sound and noted the islands' water and game. [141], In the 2012 census, most islanders identified themselves as Christian (66 per cent), followed by those with no religious affiliation (32 per cent). Age structure 0-14 [130] Since the end of the Falklands War in 1982, the islands' economic activity increasingly focused on oil field exploration and tourism. The Stanley Marathon has been run annually (March) since 2005. islands and British overseas territory, Atlantic Ocean. It then diversified and now has income from tourism, commercial fishing , and servicing the fishing industry as well as agriculture. Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. The government of the Falkland Islands also administers the British overseas territory of South Georgia and the South Sandwich Islands, including the Shag and Clerke rocks, lying from 700 to 2,000 miles (1,100 to 3,200 km) to the east and southeast of the Falklands. In the late 20th century the government instituted policies to encourage an increase in the number of smaller, locally operated farms rather than corporate-owned farms. [82] The Bureau also handles philately-related sales on behalf of the governments of Government of South Georgia and the South Sandwich Islands and of the British Antarctic Territory. The UK asserted its claim to the islands by establishing a naval garrison there in 1833. [51] In 2013 passengers from cruise ships faced protests in Latin American ports over the British military presence. 79.6, improved: urban: 100% of populationrural: 78.2% of populationtotal: 95.3% of populationunimproved: urban: 0% of populationrural: 21.8% of populationtotal: 4.7% of population (2020), improved: urban: 100% of populationrural: 100% of populationtotal: 100% of populationunimproved: urban: 0% of populationrural: 0% of populationtotal: 0% of population (2020), overfishing by unlicensed vessels is a problem; reindeer - introduced to the islands in 2001 from South Georgia - are part of a farming effort to produce specialty meat and diversify the islands' economy; this is the only commercial reindeer herd in the world unaffected by the 1986 Chornobyl disaster; grazing threatens important habitats including tussac grass and its ecosystem with penguins and sea lions; soil erosion from fires, conventional long form: noneconventional short form: Falkland Islands (Islas Malvinas)etymology: the archipelago takes its name from the Falkland Sound, the strait separating the two main islands; the channel itself was named after the Viscount of FALKLAND, who sponsored an expedition to the islands in 1690; the Spanish name for the archipelago derives from the French "Iles Malouines," the name applied to the islands by French explorer Louis-Antoine de BOUGAINVILLE in 1764, parliamentary democracy (Legislative Assembly); self-governing overseas territory of the UK, overseas territory of the UK; also claimed by Argentina, name: Stanleygeographic coordinates: 51 42 S, 57 51 Wtime difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time)etymology: named after Edward SMITH-STANLEY (1799-1869), the 14th Earl of Derby, a British statesman and three-time prime minister of the UK who never visited the islands, none (overseas territory of the UK; also claimed by Argentina), history: previous 1985; latest entered into force 1 January 2009 (The Falkland Islands Constitution Order 2008), chief of state: King CHARLES III (since 8 September 2022); represented by Governor Alison BLAKE (since 23 July 2022)head of government: Chief Executive Andy KEELING (since April 2021)cabinet: Executive Council elected by the Legislative Councilelections/appointments: the monarchy is hereditary; governor appointed by the monarch; chief executive appointed by the governor, description: unicameral Legislative Assembly, formerly the Legislative Council (10 seats; 5 members directly elected in the Stanley constituency and 3 members in the Camp constituency by simple majority vote, 2 appointed non-voting ex-officio members - the chief executive, appointed by the governor, and the financial secretary; members serve 4-year terms); note - several previous referendums - the latest in September 2020 - on whether to merge the Stanley and Camp constituencies into a single islands wide constituency, failedelections: last held on 4 November 2021 (next to be held in November 2025)election results: percent of vote - NA; seats - independent 8; composition of elected members -men 6, women 2, percent of women 25%, highest court(s): Court of Appeal (consists of the court president, the chief justice as an ex officio non-resident member, and 2 justices of appeal); Supreme Court (consists of the chief justice); note - appeals beyond the Court of Appeal are referred to the Judicial Committee of the Privy Council (in London)judge selection and term of office: chief justice, court of appeal president, and justices appointed by the governor; tenure specified in each justice's instrument of appointmentsubordinate courts: Magistrate's Court (senior magistrate presides over civil and criminal divisions); Court of Summary Jurisdiction, embassy: none (overseas territory of the UK; also claimed by Argentina), blue with the flag of the UK in the upper hoist-side quadrant and the Falkland Island coat of arms centered on the outer half of the flag; the coat of arms contains a white ram (sheep raising was once the major economic activity) above the sailing ship Desire (whose crew discovered the islands) with a scroll at the bottom bearing the motto DESIRE THE RIGHT, name: "Song of the Falklands"lyrics/music: Christopher LANHAMnote: adopted 1930s; the song is the local unofficial anthem; as a territory of the United Kingdom, "God Save the King" is official (see United Kingdom), British South American territorial economy; longstanding fishing industry; surging tourism prior to COVID-19 and Brexit; recent offshore hydrocarbon discoveries threaten ecotourism industries; no central bank and must have British approval on currency shifts, $206.4 million (2015 est. South Georgia and the South Sandwich Islands, Convention for the Conservation of Antarctic Marine Living Resources (CCAMLR), Floating production storage and offloading (FPSO), "Falklands Annual Address: a confident community's proud report planning for the future", "Falkland Islands millionaires reap the war dividend", "Why do so many people move to the Falkland Islands? The minefields were fenced off and marked; there remain unexploded ordnance and improvised explosive devices. [153], Falklands culture is based on the cultural traditions of its British settlers but has also been influenced by Hispanic South America. WebThe Falkland Islands have a GDP of $164.5 million, and a per capita GDP of $70,800 (2015 estimate) compared with the United Kingdom GDP per capita of $35,200 (2009 estimate). The common Spanish name for the archipelago, Islas Malvinas, derives from the French les Malouinesthe name given to the islands by French explorer Louis-Antoine de Bougainville in 1764. )proven reserves: 0 cubic meters (2021 est. ), installed generating capacity: 11,000 kW (2020 est. [94][L], In 2009 the British prime minister, Gordon Brown, had a meeting with the Argentine president, Cristina Fernndez de Kirchner, and said that there would be no further talks over the sovereignty of the Falklands. )solar: 0% of total installed capacity (2020 est. [48] Early in its history Stanley had a negative reputation due to cargo-shipping losses; only in emergencies would ships rounding Cape Horn stop at the port. )$167.5 million (2013 est. Falkland Islands, also called Malvinas Islands or Spanish Islas Malvinas, internally self-governing overseas territory of the United Kingdom in the South Atlantic Ocean. Please select which sections you would like to print: Alternate titles: Islas Malvinas, Malvinas Islands. Coins for local use were first struck in 1974 and are the same size as the corresponding British coins. Endemic land animals have been the most affected by introduced species, and several bird species have been extirpated from the larger islands. WebThe Falkland Islands have a GDP of $164.5 million, and a per capita GDP of $70,800 (2015 estimate) compared with the United Kingdom GDP per capita of $35,200 (2009 estimate). )[12], Electricity production by source: (2016 est. WebLatest Trends Historical Data Economic Complexity Overview In 2020 Falkland Islands was the number 169 economy in the world in terms of total exports and the number 208 in total imports. [115] The Falklands are treeless and have a wind-resistant vegetation predominantly composed of a variety of dwarf shrubs. [16] Although Lord Shackleton's Report (1982) recommended the setting up of a 200-nautical-mile (370km; 230mi) fisheries limit which gave an impetus to the fishing industry, the report did not go into much detail regarding the expansion of the industry. The islands social welfare system is adequate, and primary education is free. Four-fifths of the population lives in Stanley. )-1.8% (2014 est. As the blueprint for the future development of the Falkland Islands, this means there are a number of capital commitments included within the Budget for 2021/22. Initially there were seven classes of licence, but as of the 2009 season, this was increased to ten classes of licence. WebFalkland Islands Tourism: Tripadvisor has 5,709 reviews of Falkland Islands Hotels, Attractions, and Restaurants making it your best Falkland Islands resource. [6] The name "Falkland" was applied to the channel by John Strong, captain of an English expedition that landed on the islands in 1690. Status: 03/23/2023 1 US dollar = 0.81 Pounds 1 Pound = 1.23 US dollar The climate on the Falkland Islands This has been attributed to the lower than usual sea temperatures during the feeding season in FebruaryMay.[35]. airoh commander visor removal. [49] Nevertheless the Falklands' geographic location proved ideal for ship repairs and the "Wrecking Trade", the business of selling and buying shipwrecks and their cargoes. The official currency is the Falkland pound, which is on par with the British pound. Religions Christian 57.1%, other 1.6%, none 35.4%, unspecified 6% (2016 est.) )note: data include all persons usually resident in the islands at the time of the 2016 census, noun: Falkland Islander(s)adjective: Falkland Island, Falkland Islander 48.3%, British 23.1%, St. Helenian 7.5%, Chilean 4.6%, mixed 6%, other 8.5%, unspecified 2% (2016 est. [72] Under the 2009 Constitution, the islands have full internal self-government; the UK is responsible for foreign affairs, retaining the power "to protect UK interests and to ensure the overall good governance of the territory". The population (3,662 inhabitants in 2021)[1] is primarily native-born Falkland Islanders, the majority of British descent. [63] The war also left some 117 minefields containing nearly 20,000 mines of various types, including anti-vehicle and anti-personnel mines. [16], Although Fuegians from Patagonia may have visited the Falkland Islands in prehistoric times,[17][18] the islands were uninhabited when Europeans first explored them. 399,700tonnes in 196970, 101,560tonnes in 197071, 2,740tonnes in 197172. Southern South America, islands in the South Atlantic Ocean, about 500 km east of southern Argentina, total: 12,173 sq kmland: 12,173 sq kmwater: 0 sq kmnote: includes the two main islands of East and West Falkland and about 200 small islands, territorial sea: 12 nmcontinental shelf: 200 nmexclusive fishing zone: 200 nm, cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; average annual rainfall is 60 cm in Stanley; occasional snow all year, except in January and February, but typically does not accumulate, rocky, hilly, mountainous with some boggy, undulating plains, highest point: Mount Usborne 705 mlowest point: Atlantic Ocean 0 m, fish, squid, wildlife, calcified seaweed, sphagnum moss, agricultural land: 92.4% (2018 est. [97] In March 2013 the Falkland Islands held a referendum on its political status: 99.8% of votes cast favoured remaining a British overseas territory. [53] In 1881, the Falkland Islands became financially independent of Britain. The Falkland Islands currently has three primary means of transport - road, sea and air. Falklandsinfo: Welcome to our Spectacular Islands! [44] She has since extended her claim to all of the Falkland Island waters. According to Argentine legal analyst Roberto Laver, the United Kingdom disregards Jewett's actions because the government he represented "was not recognized either by Britain or any other foreign power at the time" and "no act of occupation followed the ceremony of claiming possession". The FOCZ includes part of the Burdwood Bank, borders on the confines of the continental shelf and includes part of the Falklands Escarpment - a 2,000-metre (6,600ft) undersea escarpment running eastwest. The Falkland Islands real GDP increased by 14.6% between 2007 and 2018, equivalent to a compound annual growth rate of 1.2%, according to the report. In Spanish the territory was designated as Islas Malvinas (Falkland Islands). Most of the fishing takes place in water up to 200 metres (660ft) deep on this spur or on the Burdwood Bank - another spur lying on an undersea ridge to the south of the Falkland Islands and separated from the islands by a deep channel known as the Falklands Trough. [60] Substantive sovereignty talks again ended by 1981, and the dispute escalated with passing time. [66] In February 2011 Rockhopper Exploration commenced an appraisal programme of the Sea-Lion discovery. In the First World War Battle of the Falkland Islands in December 1914 a Royal Navy fleet defeated an Imperial German squadron. )transmission/distribution losses: 1 million kWh (2019 est. Get a Britannica Premium subscription and gain access to exclusive content. 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