Egyptian President Gamal Abdel Nasser announces nationalization of Suez Canal Company

The video discusses the Suez Canal's strategic importance and its nationalization by Egypt under President Gamal Abdel Nasser. It covers the historical context of the canal, its construction, and ownership. The video also details the international reactions, including the freezing of Egyptian assets and the proposal for an international control board to ensure the canal remains an international waterway.

What was the primary reason for Egypt's retaliation against the West?

• Trade embargoes imposed by the West

• Military invasion by Western countries

• Withdrawal of financial support for the Nile Dam

• Diplomatic isolation by the United Nations

Who was the Egyptian leader responsible for the nationalization of the Suez Canal?

• Anwar Sadat

• Hosni Mubarak

• Gamal Abdel Nasser

• Mohammed Morsi

What was the intended use of the earnings from the nationalized Suez Canal?

• To fund the construction of the Nile Dam

• To build a new military base

• To purchase foreign arms

• To invest in the tourism industry

Which countries held significant control over the Suez Canal Company before its nationalization?

• United States and Soviet Union

• Spain and Portugal

• France and Britain

• Germany and Italy

What was one of the international responses to Egypt's seizure of the Suez Canal?

• Economic sanctions by the Soviet Union

• Formation of a military alliance against Egypt

• Proposal for an international control board

• Immediate military intervention by the United Nations