“So initially, Great Britain opposed the canal. Traditionally being a rival to France, the French-led project raised eyebrows in London. In fact, it’s been said that Great Britain saw the canal project as an open act of defiance of their global shipping superiority of the time. But in 1875, the Suez Canal Company needed more money – – and Great Britain swooped in to become the largest shareholder.”
-Scott Luton, Host, This Week in Business History
In this edition of This Week in Business History, host Scott W. Luton dives into what has become the subject of fascination globally here recently: the Suez Canal. Do you know the history of this modern engineering marvel? Scott shares 10 things that you may not know about the Suez Canal in this episode.
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