least abroad. It is no big secret however, that both patience and professionalism is required if a contract is to be established with a large oil company. The beau racy is immense and it is all important [...] SheFar-cable. There is, and there will be an ever increasing requirement from the oil companies for tele­communi­cations, which is not being met today. For Faroe tele­communication companies an oil industry west [...] area, and therefore it is sensible to cooperate with a telecommuni­cations company capable of delivering such a service. This is where Føroya Tele comes into the picture, as it is capable of delivering

of that work is not calculated as an income for the Faroe society. It is all a question of definition”, Mr Joensen points out. He stresses that the overview is only intended to highlight what incomes the [...] so it is impossible to see and record them. Neither is there direct or indirect incomes from the Sindri fund, which is a fund established by oil companies in the year 2000, and which objective is to support [...] oil. This is absolutely clear if you look at the income made by the Faroe society, linked to oil exploration in one way or another. Or more correctly, if we just look at part of these incomes. An overview

Faroese Shelf. Sosialurin, founded in 1927, is the biggest newspaper in the Faroe Islands. Sosialurin has focused on the Oil and Gas industry for the last 30 years and is therefore the leading distributor of [...] operating company, was a dry hole. The William Prospect with BP as operator is set to spod later this year. It will be interesting to see what the William well might uncover. In the meantime the Faroese can take [...] that an infrastructure will be located close to Faroese waters which again could lower the economic threshold for potential Faroese discoveries if they are made nearby. Oil and gas exploration is a long

shown very strong growth in Atlantic Petroleum, AP. This is well reflected in the trust shown by investors and the markets in the AP share. An investor that invested 10 thousand DKK in the first two share [...] been five share offerings, and the current share capital is DKK 112 million in nominal value (approx. £10 million). The number of shareholders is now approximate­ly 5600 of which 70 % are from the Faroe [...] capitalisation has been above 1.2 billion DKK in the last months The Company is still strongly rooted in the Faroe Islands. This has been an overarching principle in the Company’s strategy and it has been shown

Oh) 9Nelly FurtadoAll Good Things (Come To An End) 10Robbie WilliamsBongo Bong And Je Ne T’Aime Plus 11MikaGrace Kelly 12Fall Out BoyThis Ain’t a Scene, It’s an Arms Race Video 13The Corrs ft. BonoWhen The [...] Song Tjeklisten 1MikaGrace Kelly 2Justin TimberlakeWhat Goes Around Comes Around 3Alphabeat10.000 Nights Of Thunder 4Nelly FurtadoAll Good Things (Come To An End) 5VolbeatThe Gardens Tale 6Kaiser ChiefsRuby [...] DaughtryIt’s Not OVer 8Avril LavigneGirlfriend 9Justin TimberlakeWhat Goes Around Comes Around 10Fall Out BoyThis Ain’t a Scene, It’s an Arms Race Video 11Nelly FurtadoSay It Right 12Lloyd ft. Lil Wayne

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collapse of democracy. It is evident, however, that the most importan cluster is composed of societal variables. It is important to emphasize that no single variable on its own is ca­pable of predicting [...] stjórn­ar­skip­an, sum er variabulin, sum forklárar politiskan stabilitet ella óstabilitet. Nógv gransk­ing er gjørd í samband við politiskan stabilitet í ávikavist tingræðisskipan og forseta­skip­an, og vísindaliga [...] stabilitet enn for­seta­skip­an­ir. Um hetta er so, er tað áhugavert í sambandi við ta vanligu fatanina av valds­trí­být­inum, tí so er prógv fyri, at ein skipan (ting­ræð­is­skipan), sum ikki inniheldur

dreams With no attempt to shovel the glimpse Into the ditch of what each one means At times I think there are no words But these to tell what´s true And there are no truths outside the Gates of Eden. Móti [...] trompet, greinarnar á trøunum leika sum ein banjo, og áin hevur harpu- og sálmaljóð: The ocean wild like an organ played The seaweeds wove its strands The crashin´ waves like cymbals clashed Against the rocks [...] gjørdur upp, byrjar soleiðis: Shadows are falling and I´ve been here all day It´s too hot to sleep, time is running away Feel like my soul has turned into steel I´ve still got the scars that the sun didn´t heal

range of matters of common interest but too seldom do we get the chance to visit each other and see what is happening on the islands. This annual joint meeting with Faroes and the Scottish islands councils [...] visit. I am grateful to the Western Isles for hosting this second annual meeting and giving us such an interesting programme and warm hospitality. We were very impressed with the regeneration strategy Creating [...] Communities of the Future and with the progress being made in implementing it. Clearly Renewable Energy is vital to all the islands groups and it was good to see real, sustainable jobs being created at Arnish