Tag: Laurence Summers
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One of America’s Most Prominent Economists Has a Sober Warning for U.S. Policymakers: Don’t Disengage From Africa
One of America's most prominent economists, Laurence H. Summers, issued a warning to U.S. policymakers to remain engaged in Africa or else risk ceding influence to China in what he says would be an "error of historic proportions." Summers, a former Treasury Secretary and president emeritus of ...
Oil storage tanks at Tsing Yi port in Hong Kong on March 17, 2026. (Photo by Peter PARKS / AFP)
China's ban on exports of diesel, gasoline and jet fuel is poised to exacerbate fuel shortages and further boost prices for Asian industry and transportation buyers already grappling with tightening supplies caused by the U.S.-Israeli war against Iran. Even before the ban, ...
One of America’s Most Prominent Economists Has a Sober Warning for U.S. Policymakers: Don’t Disengage From Africa
One of America's most prominent economists, Laurence H. Summers, issued a warning to U.S. policymakers to remain engaged in Africa or else risk ceding influence to China in what he says would be an "error of historic proportions." Summers, a former Treasury Secretary and president emeritus of ...