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Iranian President Hassan Rouhani sits before addressing the United Nations General Assembly. Photo: Jason DeCrow / AP

Iran unveiled its latest ballistic missile Friday and said it tested it today, Reuters reports. State television carried footage of the test. Iran said it is capable of carrying multiple warheads, of flying 2,000 km is capable of hitting parts of the Middle East, including Israel, a key American ally, per the AP.

The Trump effect: This is a challenge to Trump, since Trump signed a bill imposing penalties on those involved in Tehran's ballistic missile program last month. (The U.S. has said Tehran's tests violate a UN resolution endorsing the Iran nuclear deal.)

Iran's defense minister said "we will certainly not be the least affected by any threats and we won't ask anyone's permission" about its missile program.

Context:

  • Trump said this week he has "decided" whether to exit the Iran nuclear deal, but wouldn't reveal the decision.
  • Iranian president Hassan Rouhani said earlier this week if Trump follows through on his threats to nix the nuclear deal, America would pay "such a high cost."

The Trump administration re-approved sanctions waivers for Iran as part of the nuclear deal last week. The deadline to re-certify the deal as a whole is coming mid-October.

Go deeper: Secretary of State Rex Tillerson said Iran may be honoring technical aspects of the deal

Go deeper

Updated 49 mins ago - Health

Massage, facial, pedicure... intravenous drip?

A salon on the Upper East Side of New York that offers IV drip therapies. Photo: Jennifer A. Kingson/Axios

IV drips — the kind you might get if you're rushed to the hospital — are trending as a spa treatment, thanks in part to endorsements by celebrities like Kim Kardashian and Madonna.

Why it matters: Like other "wellness" trends with a whiff of medical imprimatur, IV nutrient drips can be harmless or mildly restorative — or go awry, particularly in the wrong hands.

U.S. sounds alarm on Ukraine

Conscripts line up at a Russian railway station yesterday before departing for Army service. Photo: Sergei Malgavko/TASS via Getty Images

The Biden administration is "deeply concerned" by new intelligence — detailed for Axios and other outlets — showing Russia stepping up preparations to invade Ukraine as soon as early 2022.

Why it matters: Most of this was known from public sources and satellite imagery, but the administration is sending a stronger signal by releasing specific details from the intelligence community.

Felix Salmon, author of Capital
3 hours ago - Economy & Business

Philanthropy in the age of crypto

Illustration: Annelise Capossela/Axios

The best charities are increasingly effective. That's the clear message sent by Open Philanthropy, the think tank that doubles as the grant-making vehicle for Facebook co-founder Dustin Moskovitz and his wife Cari Tuna.

Why it matters: With tech and crypto wealth becoming a fast-growing part of the philanthropic pie, there's more of an emphasis than ever on effectiveness — what the newly-divorced Melinda French Gates, in her recent Giving Pledge update, characterizes as giving as "impactfully as possible."