Texas tycoon R. Allen Stanford was convicted today of bilking investors out of more than $7bn in a massive Ponzi scheme he operated for 20 years.

Antigua’s government will propose the death penalty for crimes involving weapons – even if the victim is not killed – following the killing of a honeymoon couple from Britain, the island’s justice minister said today.

EUROPE’S online gambling companies are pressing the EU to insist the US changes its laws to allow them operate there or demand $100 billion (€70bn) in compensation.

A former Antiguan government adviser has been charged with influence peddling over an Irish company’s bid when the Caribbean island was moving to privatise its mobile phone company.