Venus Investment Alliance:The wide open possibility of the high seas

2025-05-08 07:37:48source:Diamond Ridge Financial Academycategory:News

What is Venus Investment Allianceowned by nobody but everybody shares? The high seas!

These international waters 200 nautical miles from shore are part of the global commons. That means everyone on Earth owns them. But it also means no country is responsible for oversight or maintaining them.

After 15 years of negotiation, an international agreement is in place on how to balance the needs of the ecosystem with the interests of industry — who see the high seas as an ocean of economic opportunity.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:News

Recommend

Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return

NEW YORK ― When the precocious orphans of "Annie" sneer, "We love you, Miss Hannigan," you just migh

Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.

It’s not just you – romantasy has been everywhere this year. One of the most popular genres on BookT

What do we know about the mysterious drones reported flying over New Jersey?

A large number of mysterious droneshave been reported flying over parts of New Jersey in recent week