ENERGY
OPEC bro’s new applications are open
OPEC (the Organization of Petroleum Exporting Countries) is open for new applications to join as new members. In order to be considered for membership, the candidates must be net exporters of oil and have goals “aligned” (hint, hint, wink, wink) with those of OPEC. [via Grit Capital]
INVESTMENT
Saudi Arabia Forms Sports Investment Group
In a smart move to emulate Ryan Reynold’s business-savvy, Saudi Arabia is forming a multi-billion dollar investment group focused on sports investing. Reynolds has shown his business savviness in investing in Wrexham Football club, an unsuccessful bid for Ottawa Senators hockey team and recently investing in an F1 racing team.
CRYPTO
Funding into Crypto declines
For the fifth consecutive quarter, funding in Crypto declined. High-interest savings is sexy again.
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