• Welcome to No Deposit Forum! Please log in to continue. New members please register here. New Member Registration

Antigua Has Declared War On The USA!

Mben

No Deposit Forum Administrator
Staff member
According to the full article, Antigua wants their money from the US! Dec. 29 -- Like the fictitious country of Duchy of Grand Fenwick in the 1955 cold war satire 'The Mouse That Roared,' a tiny Caribbean nation with less than 90,000 population has declared war on America -- a war it expects to win.

While some U.S. officials look at Antigua's lawsuit with the WTO as without merit and even frivolous, Antigua's Finance Minister Howard Lovell says his country is deadly serious about the damage the American Justice System has done to Antigua's economy . Lovell is seeking $3.4 billion in damages, claiming America violated an international trade agreement with the WTO that opened the door for countries like Antigua to export Internet gambling to Americans who make up more than half of the world's Internet wagerers. Using the services of a Texas-born attorney who presently practices law and lives in Ireland, Antigua and Barbuda are relying on a series of rulings in their favor by the WTO. The two island federation has given the case to a WTO arbitration board to determine damages. 'It is not in our interest to have a fight with the United States,' Lovell said. 'But we believe that as a sovereign nation, we are entitled to all the rights and protection of the WTO. Lovell said his country plans to turn the tables on America and seize its right to America's intellectual properties such as copyrights, music, movies and software to compensate for the perceived damages against Antigua and Barbuda. The WTO sided with Antigua in 2007 and awarded the federation the right to target such valuable intellectual copyrights and trademarks as compensation for its economic losses stemming from the Justice Department's actions.

While Antigua is claiming huge losses to its economy and wants to impose a $3.4 bill on America for economic losses and punitive damages, the WTO capped the limit it would sanction at $21 million annually . America offered a trifling $500,000 per year , which Antigua and Barbuda summarily rejected. 'Antigua has played by the rules,' said Lovell. 'All we want is for America to do the same.' Ironically, many Americans are just as upset over the U.S. Justice Department's actions of shutting down the offshore gambling casinos and betting services as Antigua. On Friday, April 15 of this year -- it is known as Black Friday -- the U.S. Department of Justice basically shut down the Internet poker industry for alleged violations of the UIGEA law. While some small sites still serve the U.S. market and allow wagering on horse and dog races, millions of Americans were prevented from playing Internet poker.
 
Last edited:

Forum statistics

Threads
36,118
Messages
189,789
Members
20,984
Latest member
rafael1216