Basketball superstar Kobe Bryant and popular Filipino boxer Manny Pacquiao are scheduled to pose in front of cameras together to shoot for a Nike commercial in Los Angeles, California on July 8, 2009.

US President Barack Obama has issued a statement on the current tense situation in Iran as a result of protests by supporters of a losing presidential candidate who claimed of vote rigging in the recently held election.

A warrant of arrest is being sought by Iran from Interpol for the arrest of Israel Prime Minister Ehud Olmert and other Israel Officials for war crimes committed during the Israel-Gaza war.

This is about Senator Hillary Clinton's possible appointment as the next Secretary of State under the administration of US President-elect Barack Obama.

Gerdau S.A. is a Brazilian steel company and it will invest US$1.4 billion in its Peruvian subsidiary. They hope that this will transform Peru into a regional powerhouse that can profit from Brazil's building room.