Only after Eden agreed to leave Egypt unconditionally did Eisenhower arrange a billion-dollar rescue package from the IMF and the Export-Import Bank.
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In Niall Ferguson's book "Empire: How Britain Made the Modern World," the author examines the complex interactions between leaders during pivotal historical events. One notable instance is when U.S. President Dwight D. Eisenhower agreed to provide significant financial support in the form of a billion-dollar rescue package, but only after Israeli Prime Minister Moshe Eden consented to withdraw Israeli forces from Egypt unconditionally.

This decision highlights the strategic political maneuvering of the time, showcasing how international aid and financial support were often tied to compliance in geopolitical conflicts. The relief package from institutions like the IMF and the Export-Import Bank underscores the importance of economic leverage in achieving diplomatic resolutions during the period.

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February 04, 2025

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