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EGYPT AND SUEZ (1857-1890 (economics are fucked (ismail ali takes out fat…
EGYPT AND SUEZ
1857-1890
1859 - starts building
1869 - built boi
ECONOMICS
drastically reduces trade route to East (can avoid cape)
nationalism in E/Sudan
1882 Alexandria riot - 50 ppl dead
b respond by bombarding
economics are fucked
ismail ali takes out fat loans (hmu B and F)
wants to modernise E and nationalise farmland
1876/7 low nile
no food for ppl
nothing to repay B&F with
1914-1947
independent 1922
still need suez and got influence there
1947-1967
SUEZ CRISIS
1956
B and F work secretly with Israel
Nasser natoonalises SCC
1890-1914