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French Prime Minister Bayrou Acknowledges Talks This Week May Fail to Save Him

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French Prime Minister Francois Bayrou struck a combative tone in his effort to gain support for a Sept. 8 confidence vote, while acknowledging that talks with political parties may fail to save his government from being ousted.

“Compromise is a beautiful thing, but I’m not sure it’s possible,” Bayrou said in an interview with French news channels on Sunday evening. That followed comments by several opposition leaders over the weekend that appeared to sweep aside any chance of their support.



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Kenya Plans to Auction 10 Oil Blocks in September Under New Law

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Kenya plans to offer 10 oil exploration blocks in the first licensing round since it adopted new legislation six years ago to govern the petroleum sector.



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Russia’s Energy Partners Are Moving a Bit Closer

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Billions of dollars in potential oil and gas deals with China and India underpin the diplomatic theater in Tianjin.



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Indonesia’s Finance Chief Vows Better Policies After Home Looted

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Indonesian Finance Minister Sri Mulyani Indrawati pledged to improve the government’s policies after protesters looted her house over the weekend, a signal of reassurance for investors that she’ll continue to manage the economy.



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