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Obama flays Republican economic ‘myths’ at poll campaign rally

  Elkhart / AFP President Barack Obama shifted into full election campaign mode, accusing Republicans of trying to dupe middle class American voters about the economy and prey on their fears. Democrat Obama ditched his suit jacket and rolled-up his shirt sleeves for an hour-long partisan political speech in a predominantly Republican district of Indiana, a battleground state in the heart ...

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Replete with solar energy, Chile gives it away free

  Bloomberg Chile’s solar industry has expanded so quickly that it’s giving electricity away for free. Spot prices reached zero in parts of the country on 113 days through April, a number that’s on track to beat last year’s total of 192 days, according to Chile’s central grid operator. While that may be good for consumers, it’s bad news for ...

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OPEC content with oil market

  Vienna / AFP Saudi Arabia expressed confidence on Thursday that oil prices will keep recovering, cementing expectations that a divided OPEC will decide to keep crude gushing at its meeting in Vienna. “Everybody is very satisfied with the market. The market is rebalancing as we speak,” said Khaled Al Falih, newly appointed by the kingdom’s powerful and dynamic new ...

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