Ray Dalio Bets on Ocean Research With Singapore Venture

Billionaire Ray Dalio is taking a cue from legendary explorer Jacques Cousteau and embarking on a mission to survey the deep seas.

Today’s newsletter takes a look at Dalio’s new venture, which joins a global race to map what lies beneath the oceans. Surging interest in deep sea mining, including from President Donald Trump’s administration, has spurred calls to protect the seabed before it’s irreversibly damaged.