04:58 PM @ 13/06/2023
Vietnam's GDP growth rate moderated to a pace of 3.3% year-on-year (y/y) in the first quarter of 2023, after rapid GDP growth of 8.0% y/y in 2022. Vietnam's manufacturing export sector has faced increasing headwinds due to slowing growth in the US and EU, which are two key export markets accounting for over 40% of Vietnam's goods exports. Vietnam's goods exports fell by 13% y/y in the four months of 2023.SEE MORE04:35 PM @ 13/06/2023
The strength in Chinese lithium markets filtered through to others, elevating lithium prices elsewhere in the world as a result.SEE MORE11:57 AM @ 13/06/2023
s predicted in my article at the end of May - partly because Russian Deputy Prime Minister and key OPEC+ negotiator Alexander Novak clearly indicated that OPEC+ would definitely not announce a surprise cut in oil production - OPEC+ did announce a surprise cut in oil output at its meetings beginning 4 June. As also predicted in the same piece, the net effect of the 1.16 million barrels per day (bpd) production cut achieved nothing good for Saudi Arabia – either through the sustained oil price gains it anticipated or in repairing its shattered geopolitical relationships with the West. Instead, as with the previous ‘surprise’ OPEC+ production cut,SEE MORE04:42 PM @ 12/06/2023
The Cobalt Institute's 2022 market report shows that cobalt will continue to play a key role in the energy transition, with demand doubling by 2030.SEE MORE04:34 PM @ 12/06/2023
The European Union and its US allies slapped crushing sanctions on Moscow in early 2022 after the long-smoldering Donbass crisis escalated into a full-blown NATO-Russia proxy war in Ukraine. The strategy backfired, thrusting the EU into an unprecedented energy crisis and threatening the bloc with large-scale deindustrialization.SEE MORE
