Antigua and Barbuda: History
Christopher Columbus visits the islands, naming the larger one Santa Maria de la Antigua.
English settlers colonize the islands.
African slaves are imported to the islands to grow tobacco and sugarcane.
Antigua and Barbuda becomes a self-governing state within the British Commonwealth. Britain retains control of the island’s defense and foreign affairs.
The sugar industry, which has been the main economic driver in the economy for over 50 years, is closed down.
Antigua and Barbuda becomes independent.
Attempts to replant sugarcane fields are abandoned after financial problems.
Riots erupt in protest against new taxes.
Six Russian banks are shut down after accusations of money laundering.
The World Trade Organization orders that the United States must pay compensation to Antigua for failing to comply with a ruling to relax offshore, online gambling rules.
Allen Stanford, Antigua’s biggest private investor, is charged with massive fraud. This causes the business sector in the country to fall apart, prompting Venezuela to give $50 million in financial aid.