Weekend Edition · Sep 5 — Venezuela oil deal, Fed hawks, AGI…

Weekend Edition — the week in review. • Trump secured US majority control over 65B barrels of Venezuelan crude — the largest proven reserve shift in decades, with sweeping implications for OPEC and Latin American geopolitics. • Fed Chair contender Kevin Warsh's Jackson Hole speech drove September rate-hike odds from 37% to 60% — a hawkish reprice that lifts the dollar and pressures risk assets heading into the meeting. • OpenAI launched GPT-6 Astra, claiming AGI onset and hitting the Critical cybersecurity threshold under its Preparedness Framework — accelerating the AI capex cycle and regulatory pressure simultaneously.