Suez Crisis Peacekeepers to police the Egyptian–Israeli border, British Prime Minister Anthony Eden resigned, Canadian Minister of External Affairs Lester Pearson won the Nobel Peace Prize, and the USSR may have been emboldened to invade Hungary. The Suez Canal was opened in 1869, after ten years of work financed by the French and Egyptian governments. The canal was operated by the Universal Company of the Suez Maritime Canal, an Egyptian-chartered company; the area surrounding the canal remained sovereign Egyptian territory and the only land-bridge between Africa and Asia. The canal instantly became strategically important, as it provided the shortest ocean link between
Suez Crisis much-watched debates about the Suez war on "Free Speech" mirrored the divided public response to the war. The British government pressured the BBC to support the war, and seriously considered taking over the network. Eden's major mistake had been not to strike in July 1956 when there was widespread anger at Nasser's nationalisation of the Suez Canal Company, as by the fall of 1956 public anger had subsided, with many people in Britain having come to accept the "fait accompli", and saw no reason for war. This was especially the case as Eden's claims that the Egyptians would hopelessly mismanage