Port traffic for May has grown just 2.5% on a sequential basis, signaling a weak pick up in export-import activity. According to Indian Ports Association (IPA), the overall port traffic for May stood at 4.78 million tonne against 4.66 million tonne in April 2010.

• June 10, 2010

While politicians fight over the price of gas, Ukrainian businessmen cut down their energy expenses. Ukraine witnesses a boost in demand for alternative energy – biofuel and wind-power generators.

• June 10, 2010

Bulgarian President Georgi Parvanov called on the government to proceed faster with the construction of the second nuclear power plant “Belene”, which has been stalled over lack of funding.

• June 10, 2010

Prime Minister Vladimir Putin says that Russia will ensure the highest standards of security at the 2014 Winter Olympics in Sochi.

• June 10, 2010

Suspected militants have attacked a NATO convoy outside Pakistan's capital Islamabad, killing at least seven people. The convoy was carrying supplies for NATO forces in Afghanistan. No group has yet claimed responsibility for the attack. But similar attacks in the past have been blamed on the Taliban.

• June 10, 2010

The UN Security Council voted in favor of new, tougher sanctions against Iran on Wednesday, scuttling a deal forged by Turkey and Brazil that would have let it exchange nuclear material for nuclear fuel from abroad.

• June 10, 2010

Leaders of Russia, Turkey and Iran convened at a security summit meeting in Istanbul on Tuesday in a display of regional power that appeared to be calculated to test the United States just one day before a scheduled U.S.-backed debate in the U.N. Security Council on imposing tighter sanctions over Iran's nuclear program.

• June 9, 2010

Iran faces its toughest sanctions for failing to comply with UN demands over its nuclear enrichment, the US says.

• June 9, 2010