Falkland Oil Claimed by Argentina Sees Islanders Join 1%: Energy

Falkland Oil Claimed by Argentina Sees Islanders Join 1%: Energy

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The local government is already starting a wealth fund to manage the cash. On the agenda: paving the main highway from the airport to the capital of Stanley, improving the port to take larger ships and reimbursing the 60 million pounds ($90 million) the U.K. spends annually on soldiers, jets and ships to defend the islands, which Argentina attacked in 1982.