Economic history of the United Kingdom once the territories gained independence and were free to negotiate their own trade agreements. Although the '50s were overall a time of great prosperity for Britain, the Suez Crisis of November 1956 precipitated a financial crisis and a run on Sterling which underlined how fragile post-war British finances were. The tripartite invasion of the Suez Canal Zone by Britain, France and Israel following Egypt's nationalization of the canal (before then majority owned by the British government) was a disaster for British prestige and the economy. The United States and the United Nations came out firmly against the occupation, which caused
Darius the Great's Suez Inscriptions Darius the Great's Suez Inscriptions Darius the Great's Suez Inscriptions were texts written in Old Persian, Elamite, Babylonian and Egyptian on five monuments erected in Wadi Tumilat, commemorating the opening of a canal between the Nile and the Bitter Lakes. The best preserved of these monuments was a stele of pink granite, which was discovered by Charles de Lesseps, Ferdinand de Lesseps's son, in 1866, 30 kilometers from Suez near Kabret in Egypt. It was erected by Darius the Great, king of the Achaemenid Empire (or Persia), whose reign lasted from 522 BCE to 486 BCE. The monument, also known