- Never underestimate the importance of a big ditch, especially if it links two oceans. Canals allow for the rapid and free flow of goods, keeping the global economy ticking. Any threat to a major shipping canal means economic and political turmoil. Look at the Suez Crisis of 1956: when Egypt nationalized the Suez Canal, Israel, France, and Britain invaded, and the former Soviet Union threatened to bombard Europe with nuclear missiles if the invading forces did not withdraw.
failed and stalled projects of