Former Federal Reserve Chair Alan Greenspan died Monday at age 100 at home from complications of Parkinson’s disease. Greenspan led the Fed from 1987 until retiring in early 2006, a period marked by a long expansion, low unemployment and strong equity markets; his standing was later dented by the financial crisis that erupted within two years of his departure. Former Fed Vice Chair Roger Ferguson said Greenspan was among the most influential central bankers of the late 20th century and an early

Iran central bank governor Hemmati said frozen Iranian assets made "significant progress" toward release in recent talks and that relevant documents were signed during the round. He described frozen central bank assets as among the most complex issues in the negotiations. Under the arrangements, funds will be phased into use over the coming days subject to agreed conditions and procedures set by the Central Bank of Iran. On oil and petrochemicals, Hemmati said the sanctions-waiver mechanism under the Iran-US memorandum of understanding should already be activated and that the US Treasury’s Office of Foreign Assets Control has been agreed to implement the arrangements.

State news agency reported on June 22 that Iranian Foreign Ministry spokesman Baghaei said the negotiating delegation has concluded its work, while technical teams will continue. Mediators Qatar and Pakistan will issue a text summarising the talks’ key points, which will be submitted as the agreement document.