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Malvinas 2.0? Argentina Plans Asset Seizure Of Falkland Oil Companies
Submitted by Andy Tully via OilPrice.com,
Is it just election fever, or is Argentina serious about reclaiming the Falklands Islands?
Presidential elections loom in the country in October, so perhaps it’s not surprising that a Lilian Herraez, a federal judge in Tierra del Fuego, Argentina’s southernmost region, ordered the seizure of $156 million in property and bank holdings of oil drilling companies, including Noble Energy of the United States.
The government in Buenos Aires said on June 27 that the other targets of asset seizures were Edison International of Italy and three British-based companies, Falkland Oil and Gas Ltd., Premier Oil Plc and Rockhopper Exploration Plc.
Reuters quoted a source which it said was knowledgeable of the situation as saying none of these four companies tends to have financial holdings in Argentina or to work in Argentine waters. But a statement by prosecutors said Noble Energy “has a local office registered in Argentina,” and that its assets there would be frozen.
“The [Argentine] foreign ministry will be notified of the court order so that by diplomatic means and in compliance with international treaties it can be carried out,” the statement said.
The Falklands, an archipelago within 450 miles of the Argentine mainland, have been under British rule continuously since 1833. Buenos Aires still claims the islands, which they call the Malvinas, as its territory, although a majority of the islands’ approximately 3,000 residents say they prefer to remain under British rule.
In 1982, Argentina’s military dictatorship tried to seize the Falklands from Britain, but were beaten back during a brief war. The matter was considered settled for nearly 30 years when oil deposits were discovered in the vicinity of the archipelago, due east of Tierra del Fuego. Drilling in the waters around the islands began in 2010 over the objections of the Argentine government.
The prosecutors had asked Herraez on June 1 to fine the energy companies and to order the seizure of five ships, a drilling platform and what is known as a floating dam. They argued that all these assets had been used to conduct illegal exploration and exploitation of Argentine waters.
In her order, Herraez granted a request by prosecutors that she order the energy companies to end exploration of Argentine waters for fear of a negative environmental impact on them.
The Buenos Aires Herald quoted government sources as saying they doubted Herraez’s order could be enforced because the judge’s jurisdiction doesn’t include the Falklands and because that jurisdiction doesn’t extend to the countries in which the companies are based.
Government prosecutors, however, say they believe the judge’s ruling will carry weight. “I strongly believe the judge’s resolution is going to have a practical effect,” said one, Carlos Gonella, the head of the Attorney General’s Economic Crime and Money Laundering Unit. He didn’t elaborate.
But will oil drilling off the Falklands remain a political issue in Argentina once the October election are past?
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Reclaim the islands and issue arrest warrants for Singer and pedophile Prince Andrew.
Everybody, sing along with me!
"Happy Days are Here Again"
What a wonderful couple of weeks for the NWO and Illuminatti
From Chaos, Order!
"It just don't get any better than this"
-Soros, Reptilian Queen, Rockefellers, et al
Falklands Islands belongs to the people! Not UK.
ya, fuck the both of them. Declare independence. And its cute that the argentine govt says it 'to protect the environment'. what a crock of shit. the socialists just want the money so maybe, just maybe, that will put off the collapse of their country(again) for a few more months
Rapier air defence missile system
Operated by the Royal artillery, this missile system is in place to defend the islands against Argentine jets and helicopters. Rapier is also designed to work against drones and cruise missiles. Its radar can pick up targets at a range of 10 miles and the missiles have a range of 5 miles.
Troops
Britain has around 1,200 troops on the island, including an infantry company, headquarters and logistics staff and engineers.
RAF Typhoons
Four Typhoon fighter jets armed with short and medium range air-to-air missiles to patrol Falklands airspace and intercept or shoot down Argentine jets if necessary.
Search and rescue
Sea King helicopters to help rescue fishermen working in the seas around the Falklands
oyal Navy frigate or destroyer
The Royal Navy has a frigate or destroyer stationed in the South Atlantic at any one time on an nine-month tour. Currently the Type-45 destroyer HMS Dragon is in the region, equipped with Sea Viper missiles and a 4.5” main gun.
Patrol vessel
HMS Clyde is an offshore patrol vessel permanently based in the Falklands, protecting the islands’ fishing grounds and waters.
Remember the recent phone call between Putin and 0bama?
It looks like Vlad told him that if you try pulling another Maidan in Yerevan, Armenia, we will help Argentina to get their Malvinas back.
Sounds plausible? ;-)
Looney
P.S. If I’m not mistaken, a few months ago Argentina bought 10 (or 20?) slightly used jet fighter SU-27.
Nah, Putin told the Western Elite that he'll support the Confederacy, it scared the hell out of them.
I think the Spratley Islands are much closer to China than the Falklands are to England.
Quick....send in Jeremy Clarkson to negotiate.
I think you'll find there are 3000 people living there who are quite happy to remain British no matter what some failed popularist president desires 400 miles away.
It shows the double standards of people who support the Argentinians, I mean, who would want to be part of that tin pot country? Why should an island with almost no economy hundreds of miles away be so important to a rural farmer in the depths of Argentina? Seriously, does anyone here think there is something wrong with these people not being Argentinian? (they were offered independence a while ago, wisely, since they would be invaded in a flash) they said no.
When people are this easy to distract its no wonder that the global economic system robs them blind.
3000 people, £500 million military expediture per year. Bargain.
Actually the people a pawns. The only interest the UK government has is resources - fishing, oil and gas.
Give the civillians £200,000 each tax free and hand the lot over to Argentina.
Argentina will get those islands when UK will be to bankrupt to defend them. That day is getting closer...
i don't understand.
The people of the Falklands vote to not be a part of Argentina and that is ok with the western powers, the MSM and everyone else. No problems at all. Democracy and the right of self- determination and all that great stuff.
Beu when the people of the Crimea vote not to be a part of Ukraine that is a very bad thing, is a sign of despotic Russian intervention, results in the villification of Putin, the imposition of sanctions, threats from NATO, and biased MSM coverage etc, etc. What happened to the Democracy and right of self-determination rah, rah, rah?
.
I think a lot of species sensed West's blood in the water.
Expect trifectas
I once knew someone who did business in Crimea and that area of Ukraine is 90% Russian if not 100%. They were ok being bullied by the pro-west "Ukrainians" after USSR failed but now that mother Russia is back well..
It's always better to have a sense of belonging, you can blame the bully/discriminator of Ukraine for that
Hello? America = "Do as I say not as I do."
If I am not mistaken the people of the Falklands voted overwhelmingly to stay with Brits...
Not a big surprise as the the Falklands were loaded up with Brits by the Brits before the vote.
The number of Falkland islanders has been overwhelmingly British since theey first started settling it in 18th century.
it's only about 3000
The kids have to move to the UK for their high school education. Another massive subsidy and indication of how dubious the Brits claim is.
Yeah, in the 19th century.
Here is the inventory of the AAF:
https://en.wikipedia.org/wiki/Argentine_Air_Force#Current_inventory
I heard Pootin called needing a hug.
They offered to "lease" Su-24's, not Su-27's. Notably different in mission and performance.
The Argentinean air force and navy are in tatters from decades of socialism and hyperinflation.Theyy lack the resources to retake the Falklands.
But let us not forget, Argentina hit the HMS Sheffield with an Exocet and she eventually sank. They heavily bombed the HMS Ardent and she eventually sank. They bombed the HMS Antelope and she sank herself trying to defuse an unexploded bomb. They bombed and sank the HMS Coventry. Argentina's only real losses were the sinking of the ARA General Belgrano a patrol boat and a sub. A rematch will be verrrrrry interesting.
Boston, exactly. The UK only just won due to a couple of minor errors by the Argentines. It could of so easily gone the other way.
Only just ? Britain is on the other side of the world and it was over in 74 days, a blink of an eye in war terms just look at todays conflict. 649 argentine casualties to 255 british in argentinas own backyard.
Thatcher probably relished the prospect when argentina invaded as there was an election due the next year and due to such an easy military victory she trounced it.
They also lost 10,000 troops, 80 planes and everything else on the island.
They would need to purchase and train a military now today, they really have nothing apart from a few special forces that pose a threat, back then they had a credible military that sucked most of the countries resources up.
It was a close run thing though, and with the UK's defence spending today I doubt we could retake them if we lost the isles, although our weaponry is far more powerful.
No they did not lose 10,000 troops, you must be mistaken or being purposefully disingenous
A rematch will be verrrrrry interesting.
No. It will be really horrible and people will die all because the shit Britan Government and the shit Argentine Government want to enrich themselves. But hey... You know... MOAR WOAR!!!!!!
doush fuck military exp[erts!!!
Rematch would not be very interesting !
First , war sucks dickhead.
Second, I live in Argentina (and i'm French ) hate so say it , but no even close.
But i can garantee if Argentina meets England in just about any collective sport they will get kicked in the ass/, as usual.
just in case .Rugby followers please shut the fuck up with your rigged anglo saxon sport.
Yes as they are very adept at falling over, not a tactic which will help here
Plus..Brits do like to have a good scrap
They are going full retard and this is the ante....
They definitely do not belong to the Argies, never have done and never will.
What the dirty socialist Argies are doing is what other socialists do - try and claim the benefits of other people hard work and investments. British Oil companies and their investors have funded a drilling programme in the FI, soon as they find oil the bankrupt Argies want to muscle in and steal it 'for the people'.
Any threats to British Islanders or Oil Companies will be taken as a declaration of war and the Argies will be embarrassed again.
.
.
.
.
What do you mean "reclaim"? Argentina has at no point in its history had ownership of the Falklands.
Colonization and empire are over, Ringo. Deal with it.
All you knuckleheads upvoting this Lebens...at-no-point-in-history guy. Argentina did take over the islands. That's why Thatcher had to put together an invasion force to get them back.
Captcha anyone?
The UK is much, much, much, much, much weaker than it was last time.
So is Argentina. Moves like this will only send capital fleeing the country that much faster.
ATTN Simon Black: This is what other countries do to foreigners when they're broke and desperate.
Just like Native Countries do to their Citizens when broke and desperate eh?
I never said they wouldn't rape their populace. But they will rape foreigners harder and sooner if given the opportunity, then sell it as some populist bullshit.
So is Argentina.
piss and wind for the coming election.
The Falklanders ,just like the Gibraltans, want nothing to do with their deranged neighbors.
Non-the-less, if Putin can convince Argentina to take back the Falklands, it would be *very* difficult for UK to retake them. It took them months when Maggie was PM, and UK still had a believable armed forces.
By poking UK in the eye in Malvinas, Putin would certainly make it much harder for the Brits to do much in Ukraine.
As for weapons quality/quantity, if Putin were serious he would make sure Argentina had what was necessary to win. The UK forces in the Malvinas are nothing to sneeze at, but its logistics would soon be a (very expensive) problem. It would be a mistake to underestimate a concentrated move by Argentina seeking payback for 1982...
As for Argentina being weak, its nothing like being weak and a long ways away as is UK. Force projection is a bitch...
Laughable...., imho.
Don't be so sure. The Russian offer of Su-24's was made for a reason. Kitchner turned Putin down, but still supposedly went with the Chinese J-10 and/or J-17, China can sympathize with Argentina for claiming off-shore islands.
So what would Russia/China costs be for helping Argentina? Probably nor very much. Leverage/payoff? HUGE
Neither the Russians nor the Chinese need to be the instigators of a Malvinas II, just the facilitators. The Argentine prospects of being able to KEEP the Malvinas this time are actually *very* good...
Kitchner is a funny error considering who Kitchener was, Russia are struggling with Crimea and the Donbas at the moment which is their own front lawn and about as russian as vodka, now they are going to intervene in the falklands which is on the other side of the world, you think the americans will sit still for that ?
A lot of the problems we have in the world are due to "the Americans", really the junta in DC, not wanting to sit still. So, no. The Americans probably will not sit still, but they won't sit still anyways, so WTF?
WTF is your point other than agreeing that the US would not tolerate russian intervantion in the south pacific ?
Not so sure about that. They might not have a carrier (they are now hastening the construction of one) but they have a missile cruiser out there that take on many targets. The Brits modernized their weapon systems and learned a lot from the conflict. The Argentines still have the same old equipment.
The uk has some decent subs...which can sneak up onto a whale and bugger it...but only a few
That's would still be enough to thrash the Argentines in a war. A force that has a decade of experience in Iraq and Afghanistan versus who've never fired a round at anything but a piece of plywood? Seriously?
experience ? thats known as an invasion . retard what they did in iraq and afghanistan was a warcrime nothing something worthy of experience . kiiling innocents isnt to cheer upon pedophile .
A loss of the islands would probably result in UKIP being elected, then Argentina is screwed.
Do they still have any Exocets left??
Hmm...French Exocet at around .5 mach or Russian Sunburn at a little over 2 mach.
Decisions, decisions...
i thought the cginese had some nasty anti ship missile too called sunburn. says on the tin that they are unstoppable.
My friend just passed last year that was in that war..fighting for the British...one of the special forces....they were outnumbered..but still kicked ass....
The SAS are the best trained special forces on the planet.
Great at beating on much weaker opponents, training tools to use against govts. they don't like and engineering elections that are favorable to their leaders. Without the Scots and the Irish these poofters ain't shit.
Do you mean the scots and irish that those poofters already subjugated centuries ago ?
What a fucking waste of human potential. Fighting and killing to maintain the interests of an archaic, inherently evil imperial status quo. For a relative pittance in terms of compensation for the risk and burden of the horrible shit they have to do.
for such "well trained" people, they don't sound too fucking smart.
nope they are not best trained special forcesyou havent seen other nations specual forces yet attaboy .
yes they are. But it was rather comical to recall how teh Brits went to battle without a radar SAM system, and found out the hard way why they needed to bring one. I think that war changed the minds of the neo cons in america. They came in their pants at all the flag waving and chest beating once the job was done. From that day on, they planned 9/11.
lol , the ones you know about !!
Carumba!
"although a majority of the islands’ approximately 3,000 residents say they prefer to remain under British rule"...
The true figure was that 99.8% of Falkland Islands residents voted to remain under British rule, saying 'a majority' just doesnt cut it. Turnout was 91.94%.
https://en.wikipedia.org/wiki/Falkland_Islands_sovereignty_referendum,_2...
The feeble remains of the British Empire. Where it once controlled large parts of Africa, Asia, India, America, etc, the last remnants now squat on a rock in the South Atlantic.
God save the Queen.
Disraeli himself wrote "When these colonists finally get their independence" back in the 1800's, the British empire was never a formal structure such as the Roman one. As soon as America left it and the principle of representation by government was accepted (it was well understood and supported in parliament) its days as a military empire were numbered.
Even in the second world war South Africa narrowly voted to join Britain in declaring war, and almost all war production was concentrated in Britain itself with the colonies providing mostly people.
So "controlled" needs to be tempered with the reality that large areas chose to remain supporting us because it was convenient, the jewel in the crown, India was slipping away too, that was the one area that was controlled in a real sense, although even there we relied on the support of the Indian Raj and they themselves were becoming a minority.
Those aren't the natives, those are Brits shipped there after the US kicked the natives off under pain of death.
I hope the Argintine owners bankrupt the Brits in the upcoming war.
The argentines bankrupt the brits, lmfao
Hell, yeah! Let's light up the entire planet so there's nowhere to hide.
The scorched earth gambit.
Got FAL?
Yes and si.
The Garrison at the Falklands has been strengthened somehow I don't think the Argies are just going to waltz in like in 1982. But like someone said above the British navy is almost non-existent now, an operation to retake the Islands like in 82 couldn't be carried out today.
Non-existent? We have two 40-aircraft carriers going into active service in 2016, along with enough subs and missile frigates to deal with anything the Argentines can set afloat. This time around the islands would not even need to be "retaken" in the eventuality of a war.
That is, so long as the war starts before the onset of a major financial crisis. Even the US stands to see its vast military evaporate under such circumstances. But if the war started tomorrow, Argentina is toast.
completely agree. Argentina at this point cannot organize a pissup in a brewery, much less fight a war. Even if the Brits are handicapped by austerity in their military budget, i still think they could ebat seven shades of shit out of the wops. Cameron. doesnt need to politivally though, he just won an election. That wasnt true of that old cunt, Thatcher.
The 2 UK carriers will not be in active service in 2016! One might make it in 2017 with helicopters the other may never get active. further the UK has no carrier capable jets. The F35 is planned but we all know how well that program is going. The key is the 4 Typhoons and garrison are there to repel an invasion so the Uk wouldnt need to retake. 300miles of rough cold ocean makes any boats ideal targets - the Typhoons carry LGBs. Thats assuming the boats get past the hunter-killer sub that is permanently on patrol around Falklands. There are also long range radars on Falklands for eary warning.
The F35 is a disaster it can't beat an F16 in a dog fight. The F35 is big, fat and lumbering.
Haha, until The Russians and Chinese show up. With Cuban troops.
"We have two 40-aircraft carriers going into active service in 2016, along with enough subs and missile frigates to deal with anything the Argentines can set afloat."
2(Su-24)+2(P-800)=-2(AC)
LEbenshit
"You" don,t have shit, your masters do , now go suck your queen's rinckeld pussy plump pudding.
Argentina can always go to the Permanent Court of Arbitration in the Hague. It worked so well for Yukos shareholders. er . . .
MI - 6 is already there.
oh go on Uk, beat their asses again.
argentinian pilots are strange creatures:
https://www.youtube.com/watch?v=451n35444_s
at least they have cojones....
That was pretty crazy indeed!
Pull an "Atlas Shrugged" for once and blow it up!
"Noble Energy “has a local office registered in Argentina,” and that its assets there would be frozen."
So the Argies got a desk and two chairs. How many US$ can they sell them for? Well used and frozen?
Fuckin' morons.
Last time around the US offered the loan of an aircraft carrier, and provided all their latest missiles.
I would expect the same thing to happen this time around....
We didn't need them then, and we need them even less now.
Its location is nearly as geoplitically important as Gibraltar, so you want to bet on that ?
Loans of aircraft carriers from the U.S., not the Falklands.
here we go with the weeeessss again.
Vlad: I offer S300 and subs
Barry: I offer a carrier task force
Vlad: I offer a good price on oil
Barry: I will make an IMF loan to you
Vlad: The AIIB Bank is ready to assist
........And I hopeand i wish this time they get help from russians . their arsenal can take care of your floating carriers and american missiles are substandard compare to russian counterparts .
The VERY second Argentina take the Faulklands back, all personal hygiene products will disappear - like poof!
Dont know about that but the sheep are getting pretty nervous
A couple of Russian subs in those waters armed with nuclear warheads is the order of the day.
Uncle Vichy DC's payback for Donbass.
To join the British subs armed with nuclear warheads?
Can you say Belgrano ?
My Spanish is a bit rusty, but I can manage a "mutually assured destruction" in English.
If a sub farts under water, does it make noise on MSM?
The fact it was doing its best to run away at the time says a lot about just how one sided that conflict actually was
Da! They can practice synchronised manoeuvres together.
......and their asw torpedo is enough to quiet your subs moreover their subs are more advanced .
Hasn't this been Argentina's version of kabuki theater every time the country's economy is in the crapper? (Well, not only Argentina...)
Standard Disclaimer: Bang the war drums.
I get the feeling everyone is picking teams, shirts and skins.
How about Mexico takes Texas from you?
Have you been to Texas? New Mexico? Arizona? They already have.
What? Fuck that. We don't want to be part of Mexico, and a lot of the Mexicans just pass through here.
There you go again. Using the word skins. Isn't that racist? sarc/on
LOL, what a bunch of dorks.
The Empire is standing naked on the world stage, and everyone is noticing. It seems that there are a lot of countries positioning themselves for the fire sale on regional influence that will become available as the FUSA implodes. When the show starts only force will be recognized on same world stage, and in a neighborhood near you.
Since the UK gov is now bankrupt, its only hope to fight off another Argentinian invasion is to drop plane loads of surplus unwanted garbage over Buenos Aires.
We have a plentiful supply of excess politicians to start with...
Nothing like live fire practice.....
Argentina was barely farmed when the Europeans got there. It has some of the richest, most fertile soil on the planet. The milk is luscious, sweet, and grassy, and the butter is beyond words. The beef is soft, rich, chewy, marbled...like someone made classy beef porn. Argentina should be exporting unfathomably good dairy and beef to the world, like a gigantic New Zealand, and stacking up the cash.
Instead, the country is run about as well as Haiti. Argentina's preposterous fertility is the only thing keeping it from being a Third World country.
Argentina was barely farmed when the Europeans got there. It has some of the richest, most fertile soil on the planet. The milk is luscious, sweet, and grassy, and the butter is beyond words. The beef is soft, rich, chewy, marbled...like someone made classy beef porn. Argentina should be exporting unfathomably good dairy and beef to the world, like a gigantic New Zealand, and stacking up the cash.
Instead, the country is run about as well as Haiti. Argentina's preposterous fertility is the only thing keeping it from being a Third World country.
Quite well said.
Well have you seen the chicks here , who wouldn't want to empregnate them ??
Christina: I am pleased to announce Russia and China are in support of our Malvinas claims and have promised "assistance."
If we are willing to risk getting American boys killed over the rocks and sand in the Spratleys, why shouldn't the Brits risk their own boys over corporations in the Falklands?
Will Margaret Thatcher please pick up the red phone.
Double post.
In the 1982 Falklands war, the Argentine armed forces were soundly defeated. This made possible the overthrow of the Argentine military government and the restoration of constitutional government. However, the Argentines, being Argentines, will never accept this fact. Sadly, most Latin Americans support the Argentines' desire to annex the "Malvinas." I attribute this to history and linguistic chauvinism.
Well I guess the politicians are in trouble down there. Elections are so informative. Maybe the rulers down there will be booted because they are stupid Marxists!
But that's just a dream because they are in charge and allowed to lie about everything, without any accountability at all.
The falklands are strategicaly important like gibralter as someone mentioned and they are about as likely to be reclaimed by argentina as gibralter is by the spanish, its not gonna happen. The main reason is the us will support british territiorial claim there and the way it will work is the same as it was in 82. You land the SAS on what is little more than a fortress island,again like gibralter, and at that point its pretty much over.
The article starts with a lie. The Falklands were NEVER part of Argentina. They were settled by the Brits long before Argentina became a country.
If you check the map, they are hundreds of kilometres away from Argentina. So if Argentina can claim the Falklands, Brazil can claim Argentina.
Most people would crack a smile over this drama in the South Atlantic, not thinking it means much. But that would be dead wrong!
In both camps, this is a deadly serious issue, and well worth boths sides going to war over. Argentina desperately wants the islands back, as they consider them soverign Argentine territory since the day Britain claimed them. The 1982 Falklands invasion and then defeat marked deep into Argentina's people. So much so that Malvinas Heros are very much alive in the country, especially in the South. Ushuaia in Patagonia where the Cruiser Belgrano sailed from in 1982, only to be sunk by Royal Navy nuclear submarine as it took up attack position to attack the RN task force, the RN's other submarine tried to sink the Argentine Air Craft Carrier in the same naval operation, but lost track of it. The city of Rio Grande further north housed the air fields from which the Air Forces and Navy planes engaged the British for the duration of the war. People down there take the war deadly serious. Asked to support another war to take the Falklands would result in wild support across the nation. The British too have warmed to the Islands, not just the war they fought, but the prospect of British oil down there has got the average Brits very engaged in support for getting the Falkland's oil to replace North Sea oil. All across the spectrum, British interests are deadly serious about not giving up these Islands.
It has all the makings for a major war. Argentina only needs to feel they can win in order to set it off. If they sense British weakness, they WILL take those islands. And yes, the prospect of oil riches for the poor Pategonian people has got them clammering to take the place again.
A real war inside the next ten years, I say 50-50 chance. The more the British arm the islands for defense, the LESS chance Argentina will go for it. Should the UK waver, the Argentines will snap the place up in double quick time.
Putin has a chance here to make the loud mouth war monger Cameron loath the day he called Putin a hitler like figure. If Putin leases a set of attack aircraft, with anti shipping missiles to Argentina, then Cameron's Royal Navy if fucked, fucked big time.
Thanks for the background
There is no basis in international law for Argentina to claim the islands, and the islanders have spoken loud and clear (you know - the right of self determination and all), so it would have to be either;
a) buy them from Britain and move the islanders off (no IOUs from Argentina thanks)
or
b) another war.
Agentina has no real experience with war and Putin is not going to waste his time, equipment or any manpower over these islands. He has enough fires in his own backyard, and if he intervened here, there would be sure to be several more.
"a majority of the islands’ approximately 3,000 residents say they prefer to remain under British rule"
I believe in the last referendum there were 2 who voted not to remain under British rule. That is as close to unanimous as you can get.
Unless someone pays the Brits to do a Diego Garcia on the place, there is no way these islands are switching jurisdictions.
World War Looms
Enjoy the fire works
Always good to keep the great UKies occupied and spending.