The IMF's lending to the four countries directly involved in the 1956 Suez crisis, and particularly to the United Kingdom ... sell off its dollar reserves to maintain the $2.80 exchange rate and the ...
Abstract: Egypt's nationalization of the Suez Canal in 1956 and the failed attempt by France, Israel, and the United Kingdom to retake it by force constituted a serious political crisis with ...
In the post-war world, Egypt was growing closer to the Moscow and accepting Soviet arms. In the summer of 1956, Egyptian leader Gamal Abdel Nasser seized control of the Suez Canal, a critical ...
In 1956, an international crisis over control of the Suez Canal put Britain and France into direct conflict with President Nasser of Egypt, a proud Arab nationalist determined to stand up to ...