Magnetic bubbles are modeled within a strictly two-dimensional Landau-
Lifshitz equation in which the bubble radius is stabilized by a Skyrme
-like term together with a suitable uniaxial anisotropy and the nonloc
al magnetostatic field is replaced by a local one. The model admits an
exact static solution with unit winding number which will be referred
to as the fundamental magnetic vortex. We then study numerically the
dynamics of a system of two fundamental vortices and show that they or
bit around each other on trajectories that exhibit roughly a triangula
r pattern. In contrast, a vortex-antivortex pair is shown to move in a
direction perpendicular to the line connecting the vortex and the ant
ivortex. A very useful guide for understanding our numerical results i
s provided by the unambiguous conservation laws of the Landau-Lifshitz
equation constructed recently.