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24._The_Suez_Crisis_Revised_F09

24._The_Suez_Crisis_Revised_F09 - 24.TheSuezCrisis 1...

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1 24. The Suez Crisis
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2 Major Themes Rising wave of nationalism Tripartite geo-political struggle in the  Middle East for access to oil America, Soviet Union, Former Colonialists Also Japanese Having reserve oil production capacity  provides HUGE political leverage
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3 The Suez Canal 100 miles narrow waterway Handiwork of Ferdinand de  Lesseps, a Frechman Completed in 1869 by the  Suez Canal Company,  which won concession from  Egypt (they owned 44%) Prince of Wales called it our  “highway to India”  British PM Benjamin  Disraeli acquired a Egyptian  stake in 1875 for Queen  Victoria, “You have it,  Madam.”  
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4 Strategic Value Always closely guarded by Brits Their stand in WWII against Rommel was in  defense of the canal  Value diminished once India gained  independence in 1948 No longer a highway of empire but now of oil Cut tanker travel time in half 2/3 of Europe’s oil went through the canal
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5 Nationalism and Nassar Britain ruled Egypt for more than 75  years A military coup sent sybaritic King  Farouk of Egypt to Riviera in 1952  In 1954 another coup: Gamal Abdel  Nassar.  Gifted speaker, fiery nationalist with a  vision; dedicated to Egypt’s  restoration and independence Pan-Arabism, similar to the great  Islamic empire of the 8 th  and 9 th   centuries “The voice of the Arabs” Elimination of Israel “Greatest international crime” in  history - creation of Israel
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6 A Colonial Relic French captains Canal tolls went to  European owners not  the impoverished  Egyptians US saw these very 
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