Iran has enormous pent-up demand for modernization of its infrastructure. Roads, water and power lines as well as housing badly need to be upgraded. But it's an opportunity for foreign investors. Especially from Germany.
Tehran will respond to any wrong move from Washington in the dispute over the nuclear deal, says Iran's Supreme Leader Ayatollah Khamenei. Previously, Donald Trump hinted he might tear-up the long-negotiated accord.
Iranian state television carried footage showing the launch of the Khoramshahr missile. The medium-range missile was first displayed at a high-profile military parade on Friday.
The US has agreed to extend sanctions relief for Iran — for now. But President Donald Trump has said he will make a final decision in October on the outcome of the 2015 nuclear agreement, and critics fear the worst.
Officials from the countries that signed the 2015 nuclear accord with Iran have affirmed that there have been no violations of the deal. US top diplomat Rex Tillerson has accused Iran violating the deal in spirit.
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