While Nasser admits to doubts about the…

1956 CE

While Nasser admits to doubts about the West's sincerity, the United States becomes incensed over Egypt's decision to recognize communist China.

Meanwhile, the Soviet Union is offering aid to Egypt in several forms, including a loan to finance the Aswan High Dam.

The United States withdraws its loan offer on July 19, and Britain and the World Bank follow suit.

Nasser is returning to Cairo from a meeting with President Tito and Prime Minister Nehru when he hears the news.

He is furious and decides to retaliate with an action that shocks the West and makes him the hero of the Arabs.

Locations
Cairo > Al-Qahirah Al-Qahirah Egypt View →

People
Gamal Abdel Nasser View → Jawaharlal Nehru View → Josip Broz Tito View →

Groups
United States of America (US, USA) (Washington DC) View → Union of Soviet Socialist Republics (USSR), or Soviet Union View → Britain (United Kingdom of Great Britain and Northern Ireland) View → World Bank Group View → China, People's Republic of View → Egypt, Arab Republic of View →

Topics
Cold War View →

Subjects
Engineering View → Government View → Custom and Law View → Finance View →

Regions

Subregions

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