Iran has emerged as an interesting market for German companies after the lifting of international sanctions. One German business setting its sights on doing business there is Kieselstein International.
The US has targeted an Iranian network of businesses that allegedly funded a paramilitary group affiliated with the Revolutionary Guard. The so-called Basij group reportedly trained and deployed child soldiers in Syria.
US sanctions have cost the Iranian currency 50% of its value. Iranians are trying to protect their savings by buying gold - sending gold prices there soaring
The International Court of Justice has ruled that US sanctions on "humanitarian" goods must be dropped immediately. The US has contested the right of the court to intervene in matters between Washington and Tehran.
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