This production has caused what seems to be an uproar of objections, locally, amongst certain groups of the society.

Oil firms in Opec countries are mostly nationalised, but it was not so before.

This development institution is headquartered in Shanghai and was launched by the collective of, Brazil, Russia, India, China and South Africa, in 2014, and began operations in 2016.

The downside is that no entity has had the opportunity to experience this field, enough to be an authority in it.

This price growth and the frequent mentioning of it in the news, provides an opportunity for filling a knowledge gap about it, which is still pervasive in the market.

There was both a liquidity and credit crunch (shortage) in the US, which spread on to global interbank markets.

In efforts to revive the dearth of activity in economies, governments created stimulus packages, whilst central banks cut interest rates, to impact money supply and revive growth.

As a central resource in the generation of clean energy, lithium is still shrouded in relative mystery, which will need to be unwrapped, for better comprehension of it.

With the government recently approving the national lithium ore policy, this week’s column, therefore, analyses the intentions of this new policy.

However, there have been indications of an oversupply in the market from November 2022 to April 2023.

If all parties  involved in the initiative act in good faith, there should be a prolonged validity of the agreement, even until the war ends.

The year 2020, having been a pandemic-year, had a 42% drop, with an estimated US$859 billion in world investment tides.

Using International Monetary Fund (IMF) estimates of a US$105 trillion global GDP, a debt to GDP ratio of 290% is deduced from these numbers.