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SEATTLE, WA- June 23:  As soccer fans explore Seattle between matches, Evergreen Goodwill of Northwest Washington is spotlighting a surprising discovery just steps from Seattle Stadium: the world’s largest Goodwill. Located in the vibrant International District (1400 S Lane St), Evergreen Goodwill’s 70,000-square-foot flagship store offers far more than traditional retail: it’s a dynamic, ever-changing destination where visitors can pick up travel essentials, discover local style, and experience Seattle’s commitment to sustainability and reuse. 

A Smart Stop for Travelers 

For fans navigating a busy and often expensive global event, Goodwill offers a practical, affordable solution for items they may have forgotten-or didn’t realize they’d need, including:

o   Clear stadium-approved bags

o   Reusable water bottles for watch parties and sightseeing

o   Weather-ready layers for Seattle’s changing conditions Comfortable walking shoes and travel accessories

o   Unique souvenirs and Seattle memorabilia

With approximately 10,000 new items hitting the sales floor each day, no two visits are the same, making this one-of-a-kind store the ideal place to pick up both essentials and unexpected finds. 

A Destination Experience, Not Just a Store 

As thrifting continues to grow in popularity, the Seattle flagship has become a destination in its own right. Like Pike Place Market, it’s participatory and always changing. Like MoPOP, it celebrates creativity and self-expression. And like the Space Needle, it holds a standout distinction that resonates with visitors. Staffed by a team from more than 20 countries, it reflects the diversity of the global community gathering in Seattle for the world’s most international sporting event. 

Sustainable Travel Meets Meaningful Impact 

Beyond convenience and discovery, shopping at Evergreen Goodwill offers travelers a way to make their visit more sustainable. By purchasing secondhand items, visitors help reduce waste, extend the life of goods, and participate in Seattle’s circular economy. Every purchase also supports Evergreen Goodwill’s tuition-free job training, education, and career placement programs across Northwest Washington-connecting a simple shopping trip to long-term impact in the community. 

Whether stopping in briefly between matches or spending time treasure hunting, the Seattle flagship store offers a memorable, distinctly local experience. 

New Delhi, June 23: India has emerged as the world’s leading ship recycling nation in 2025, capturing a 35.4% market share, according to the Ministry.

The achievement highlights India’s growing dominance in the global ship recycling industry, supported by its expanding infrastructure, competitive capabilities, and adherence to international standards. The country’s recycling hubs, particularly along the western coast, have played a key role in handling a significant volume of end-of-life vessels.

Officials noted that India’s leadership in the sector reflects its strong industrial capacity and increasing focus on sustainable and regulated recycling practices. The industry also contributes to employment generation and supports the domestic steel and allied sectors through the recovery of reusable materials.

The Ministry emphasized that continued policy support, modernization of facilities, and compliance with global environmental norms will further strengthen India’s position in the ship recycling market.

With this development, India has reinforced its role as a key global hub in the ship recycling industry, marking a significant milestone in its maritime and industrial growth story.

New Delhi, June 23: India’s economic activity continued to expand at a healthy pace in June, even as growth showed a marginal slowdown compared to previous months, according to the latest Purchasing Managers’ Index (PMI) data, which stood at 57.4.

The reading, well above the neutral mark of 50, indicates sustained expansion across key sectors, reflecting resilience in both manufacturing and services. The data points to continued strength in demand conditions, steady business activity, and overall economic stability despite global headwinds.

In the manufacturing sector, firms reported stable output levels supported by consistent domestic demand and improved supply conditions. The services sector also remained a key growth driver, benefiting from strong client activity, new business inflows, and ongoing recovery in consumption-related services.

Employment trends remained positive, with companies continuing to hire in response to rising workloads. Input costs and output prices showed mixed trends, but overall inflationary pressures remained manageable within the broader economic context.

Experts noted that while the slight moderation in PMI suggests a cooling from earlier highs, the index continues to signal strong expansion. They added that India’s growth remains supported by resilient domestic consumption, government spending, and improving business confidence.

Economists further highlighted that external uncertainties, including global demand fluctuations and geopolitical risks, may influence short-term momentum. However, India’s domestic-driven growth model is expected to provide a buffer against external shocks.

Overall, the June PMI data underscores the strength and stability of India’s economy, reinforcing expectations of sustained growth in the coming months, supported by strong fundamentals and broad-based sectoral performance.

June 23: India’s future economic growth will be significantly driven by the combined strength of agriculture and technology, according to industry leaders and policymakers speaking at the Summer Davos forum.

Experts highlighted that India’s large agricultural base, coupled with rapid advancements in digital technologies, artificial intelligence, innovation, and infrastructure, is creating new opportunities for sustainable and inclusive growth. They noted that technology is increasingly transforming the agricultural sector through improved productivity, better market access, data-driven decision-making, and enhanced supply chain efficiency.

Speakers emphasized that India is well-positioned to emerge as a global growth engine due to its young workforce, expanding digital ecosystem, and ongoing economic reforms. The integration of technology across sectors, particularly in agriculture, is expected to boost rural incomes, strengthen food security, and support long-term economic development.

The discussions also underscored the importance of continued investment in innovation, digital infrastructure, skill development, and sustainable agricultural practices to unlock India’s full growth potential.

Experts at the forum expressed confidence that the synergy between agriculture and technology will play a pivotal role in shaping India’s economic future and reinforcing its position as one of the world’s fastest-growing major economies.

Mumbai, June 23: Indian benchmark equity indices, Sensex and Nifty, opened on a subdued note on Tuesday as investors adopted a cautious approach despite signs of easing geopolitical tensions in West Asia.

The easing of tensions in the region has helped improve global market sentiment and reduced concerns over potential disruptions to crude oil supplies. This development provided some support to investor confidence, although market participants remained focused on broader economic and corporate factors.

Analysts noted that lower geopolitical risks could help stabilize energy prices and support equity markets. However, uncertainty surrounding global economic growth, interest rate outlooks, and upcoming economic data continued to keep investors cautious.

In early trade, sectoral movements remained mixed as investors assessed domestic and international developments. Market participants are also closely monitoring corporate announcements, foreign fund flows, and global market trends for further direction.

Experts believe that while easing tensions in West Asia have brought some relief to financial markets, volatility may persist in the near term as investors navigate evolving global and domestic factors.

Overall, Indian markets began the day on a steady footing, balancing positive geopolitical developments with caution over broader economic uncertainties.

LONDON/HOUSTON/SINGAPORE, June 23: The oil price bubble has burst. Wood Mackenzie forecasts Brent averaging $78 a barrel in 2027 and potentially easing to $70/bbl by Q4 2027, following a US-Iran Memorandum of Understanding that has shifted market sentiment away from a prolonged Strait of Hormuz closure. 

The pressure to reach an agreement was acute. On 15 June, President Donald Trump acknowledged that US reserves would run out “in about four weeks.” Inventories at the Cushing hub had fallen close to the operational floor. Those fundamentals, as much as diplomacy, brought both sides to the table. 

The Memorandum of Understanding, signed last week, gives both parties 60 days to negotiate a comprehensive agreement. Both have accepted in principle that the Strait should be reopened. But the gap between acceptance and execution remains wide. Israel’s apparent rejection of restrictions on its ongoing military action in Lebanon adds further uncertainty. Negotiations may need to be extended. They could fail. 

Brent averaged $92/bbl over the first half of 2026, buoyed by the elevated prices of March through May. Investor sentiment moved faster than the oil itself. In the four weeks to 16 June, positioning for higher Brent prices fell by around 80% from a five-year high. Wood Mackenzie’s vessel tracking data shows ships of all categories transiting the Strait reached a peak of 35 on 18 June, up from the low teens per day — but still well short of pre-war levels. 

The revised forecasts of $78/bbl in 2027, and a potential $70/bbl by Q4 2027, assume Strait transit flows normalise during August.  Alternating periods of elevated and depressed prices are likely as demand recovery, inventory rebuilding, and production ramp-up remain out of sync. Recovery will take months. The supply shock removed more than 11 million barrels per day of crude from global markets. Wood Mackenzie projects 70% of shut-in volumes could return within three months of the Strait reopening, and 90% within six months. The final one million barrels per day will take considerably longer.  

Refining margins tell the same story: better but not recovered. Jet crack spreads remain at almost double pre-war levels despite easing progressively over the past two months.

“A prolonged closure would have pushed Brent well above $150 a barrel,” adds Alan Gelder, Senior Vice President, Macro Oils, Wood Mackenzie. “The MoU changed that trajectory. But the full value chain, from wellhead through to Gulf Cooperation Council ports, will take the better part of a year to fully recover. Jet crack spreads running at almost double pre-war levels are the clearest signal that this market has not yet normalised. Getting the barrels back is a different challenge from reaching a deal.”