In 1956, an international crisis over control of the Suez Canal put Britain and France into direct conflict with President ...
The IMF's lending to the four countries directly involved in the 1956 Suez crisis, and particularly to the United Kingdom, raised the institution's profile and established its role in helping member ...
Lester B. Pearson was the Canadian Minister of External Affairs when he won the 1957 Nobel Peace Prize for his role in resolving the Suez Canal Crisis. Pictured here, Pearson displaying the Nobel ...
At the same time the UK was losing its global influence as Egypt reclaimed the Suez Canal from British control. Prime Minister Eden tried to take it back but the USA refused to back the military ...