History of Antigua in Timeline

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Antigua

Antigua is an island in the Lesser Antilles and part of the Leeward Islands in the Caribbean. It's the most populous island of Antigua and Barbuda, which gained independence within the Commonwealth of Nations on November 1, 1981. Antigua is known for its beaches and its status as an independent nation.

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August 1956: Commissioning of NAVFAC Antigua

On August 1956, the Naval Facility (NAVFAC) Antigua was commissioned as part of the Sound Surveillance System (SOSUS) and the Integrated Undersea Surveillance System (IUSS) to track Soviet submarines.

1958: Installation of MILS

From 1958, the United States installed the Missile Impact Location System (MILS) at Antigua.

1960: Installation of MILS completed

By 1960, the United States completed the installation of the Missile Impact Location System (MILS) at Antigua, as part of the Atlantic Missile Range.

1967: Associated State of the Commonwealth

In 1967, Antigua, along with Barbuda and Redonda, became an associated state of the Commonwealth.

November 1981: Disassociation from Britain

In November 1981, Antigua was disassociated from Britain.

November 1981: Independence within the Commonwealth

On November 1981, Antigua and Barbuda became an independent state within the Commonwealth of Nations.

1982: Founding of UHSA

In 1982, The University of Health Sciences Antigua (UHSA) was founded.

1982: International Business Corporations Act

Swiss American Bank Ltd was governed by the International Business Corporations Act of 1982.

April 1983: Formation of Swiss American Bank Ltd

In April 1983, Swiss American Bank Ltd, later renamed Global Bank of Commerce, Ltd, was formed and became the first offshore international financial institution to become a licensed bank in Antigua.

February 1984: Decommissioning of NAVFAC Antigua

On February 1984, NAVFAC Antigua was decommissioned.

1986: Formation of Guardian International Bank

In 1986, Allen Stanford formed Guardian International Bank in Montserrat, which would later become Stanford International Bank.

1993: Brian Lara's First World Record

In 1993, Brian Lara broke the world record for an individual Test innings at the Antigua Recreation Ground (ARG), scoring 375.

June 1994: Establishment of East European International Bank

In June 1994, the East European International Bank was established and would be known as Antigua's first internet bank.

1996: Closure of European Union Bank

In 1996, the European Union Bank (EUB) was shut down by Antiguan authorities because the bank had failed to file its 1994 audit.

August 1997: Receivership of European Union Bank

On 8 August 1997, the European Union Bank (EUB) was placed in receivership.

2001: Population Settlements

According to the 2001 census, other leading population settlements are All Saints (3,412) and Liberta (2,239).

2003: WTO Dispute Settlement Process Initiated

In 2003, Antigua and Barbuda initiated a WTO dispute settlement process with the United States, arguing discriminatory measures regarding Internet gambling.

2003: Brian Lara's Second World Record

In 2003, Brian Lara broke the world record again for an individual Test innings at the Antigua Recreation Ground (ARG), scoring 400 not out.

2004: WTO Ruling on Internet Gambling

In 2004, a panel of the WTO Dispute Settlement Body found that the United States failed to accord services and service suppliers of Antigua treatment no less favorable than that accorded to its own services and service suppliers regarding internet gambling.

2004: Founding of American University of Antigua

In 2004, the American University of Antigua (AUA), a foreign-owned for-profit offshore medical school, was founded.

2006: Approval of Unlawful Internet Gambling Enforcement Act

In 2006, the United States Congress voted to approve the Unlawful Internet Gambling Enforcement Act, criminalizing offshore gambling operators, leading to WTO rulings unfavorable to the US.

December 2007: WTO Sanction Against the United States

On 21 December 2007, an Article 22 arbitration panel ruled that the United States' failure to comply with WTO rules would attract a US$21 million sanction.

2007: Construction of Sir Vivian Richards Stadium

In 2007, the Sir Vivian Richards Stadium was constructed in time for the 2007 Cricket World Cup.

February 2009: SEC Charges Against Allen Stanford

On 17 February 2009, the U.S. Securities and Exchange Commission charged Allen Stanford, Laura Pendergest-Holt and James Davis with fraud in connection with the bank's US$8 billion certificate of deposit (CD) investment scheme that offered "improbable and unsubstantiated high interest rates". On 27 February 2009, Pendergest-Holt was arrested by federal agents.

2010: Daniel Bailey's IAAF World Indoor Championships Medal

In 2010, Daniel Bailey was the first athlete to win a global world medal at the IAAF World Indoor Championships.

2011: Population Census

In 2011, the population of Antigua was recorded at 83,191 according to the census.

April 2012: AOB Placed into Receivership

On 13 April 2012, Antigua Overseas Bank (AOB) was placed into receivership by the government of Antigua.

July 2015: Deactivation of Antigua Air Station

On July 2015, the United States Air Force deactivated Detachment 1, 45th Operations Group, 45th Space Wing (Antigua Air Station) due to budget cuts, and the property was given to the Antiguan Government.

November 2018: Scotiabank Announces Sale of Operations

On 27 November 2018, Scotiabank announced plans to sell its banking operations in Antigua and 9 other non-core Caribbean markets to Republic Financial Holdings Limited.

June 2024: Potential Concessions from the US

On 3 June 2024, US Ambassador to Antigua and Barbuda Roger Nyhus stated that the US might offer Antigua and Barbuda concessions to resolve the longstanding dispute over the $21 million compensatory amount.