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The Suez Canal is the only way to get from the Mediterranean Sea to the Indian Ocean without having to travel all the way around Africa. The Suez Canal is also under the ownership of the Suez Canal Authority which is an Eqyption holding. Ships must pay to use the canal, like a toll road, otherwise they would have to pay much more to traverse the much greater distance to go around Africa.
2 billion
The Suez Canal has gone through a lot!! i dont not know how much it really makes a year tho. sorry!!! It is the Suez canal which connects the Mediterranean sea with the Red sea. As of 10 August the latest financial report stated it made $4.5 Billion in the previous year.
Until a few years before, the southern Confederate States of the USA had controlled the huge market for cotton and were its main suppliers. The Civil War had put an end to that because of the Union's blockade of Southern ports. The world looked for a new supplier of cotton. India quickly developed its cotton-growing and producing industy, The opening of the Suez Canal enormously shortened the voyage - and thereby significantly lowered the transport costs - and allowed India to take over the market from the Southern States.
The Suez Canal is impotant to US defense because it permits vessels to move between the Mediterranean Sea and the Red Sea/Indian Ocean much more quickly than the alternative, which would be to travel around the southern end of the African continent.
68.3513 miles
In the making of the Suez canal about 120,000 Egyptains died....... that's all i know ^-^
The world did not laterally get smaller- if that is your ? The Suez canal made it much faster to ship goods and people around the globe .
The African
40 miles
They were in too much debt and sold it to Britain.
yes!