WALTER RUSSELL MEAD: The War For Oil . . . And Squid?

Sending Prince William and a few top-of-the-line ships to the islands have been passed off as routine, but nonetheless these events, coupled with Prime Minister David Cameron’s Iron Lady-like statements of resolve with respect to the Falklands, suggest Britain is standing firm. The Argentinean government, on the other hand, has long used the “Malvinas” (as they call these cold and barren islands in the stormy South Atlantic) either as a distraction from other more pressing issues—like a slowing economy—or as a way to rally citizens and force neighboring countries to join in—Brazil, most importantly. Both reasons are at play here, and so too is the prospect of oil in the waters surrounding the Falklands.

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