Iran Opens for Business

Will the "world's last goldmine" produce "fool's gold?" Iran's new economic opening.

Iranian President Hassan Rouhani (L) shakes hands with Italian Prime Minister

Matteo Renzi at the Campidoglio palace in Rome, Italy, January 25, 2016

(Alessandro Bianchi/Reuters)

Iran has been ostracized and isolated for almost 40 years, but the lifting of economic sanctions is putting the country back in business. President Hassan Rouhani hasn't lost any time. In less than two weeks, he's welcomed the President of China to Teheran and taken a group of Iranian executives to Europe. Robin Wright's latest report is in this week's edition of the New Yorker magazine.