What Happened in History: Browse Historical Facts on Kudos 365

Egyptian president Gamal Abdel Nasser nationalizes the foreign-owned Suez Canal Company, which administered the canal and was owned primarily by British and French shareholders. On October 29, Israel invades the Egyptian Sinai. and on November 5, Britain and France landed paratroopers along the Suez Canal. Political pressure from the United States, the Soviet Union, and the United Nations led to a withdrawal by the three invaders. The episode humiliated the United Kingdom and France and strengthened Nasser. It later became clear that Israel, France and Britain had conspired to plan the invasion. More