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.
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Great Britain
It hasn't, although a lot of countries left the Empire is still going even if it is small.
The president of Egypt blocked Israeli ships from accessing the Suez Canal.
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In 1869 Mark Twain's first book The Innocents Abroad is published. Jesse James robs the bank that made him famous. The name of the bank was the Davies County Savings Association in Godlatin, Missouri.