Energy-rich Turkmenistan will start later this month building a pipeline linking its natural gas-rich fields in the east to the Caspian Sea coast in an effort to increase its export potential, a state newspaper said Monday.

• May 25, 2010

In Poland, rescue workers and citizens are scrambling to slow the rising tide of flood waters that have already killed 15 people. In Germany, authorities in Brandenburg are preparing for flooding along the Oder River.

• May 25, 2010

Chinese President Hu Jintao has promised to reform his country's currency-exchange-rate system but rejected US demands to appreciate the yuan faster. US Secretary of State Clinton is leading the 200-strong US delegation.

• May 25, 2010

Statoil and  EGL today, 20 May, announced the divestment of a combined stake of 15% in the Trans Adriatic Pipeline Project (TAP) to E.ON Ruhrgas - a leading energy provider.

• May 24, 2010

The Euro crisis is far from over despite – or perhaps because of – the decision by the European Central Bank to set up a 750 billion euro emergency fund to protect the eurozone countries from going bankrupt. The economic outlook is grim, which is likely to have some profound political consequences, not least on the EU’s enlargement policy.

• May 24, 2010

There are signs of hope regarding recent developments in the Balkans. Various new trends point to a more optimistic scenario for the future of the region.

• May 24, 2010

Iran’s Foreign Ministry said it has reached an agreement with Georgia to mutually cancel visa requirements.

• May 24, 2010

Ahead of a three-nation summit this week-end involving South Korea, China and Japan, their trade ministers have agreed to work for creating a free-trade bloc as a part of efforts to spur economic partnership among the three Northeast Asian nations, said a joint statement Sunday.

• May 24, 2010