Saudi Arabia Ends Its LIV Golf Bet: August 31, 2026
Summary
The main story details Saudi Arabia’s abrupt end to its LIV Golf venture, including mass layoffs and the withdrawal of funding from the Public Investment Fund. Other top stories cover a new US-Venezuela oil deal, rising death tolls from border floods in China and Nepal, and Kevin Warsh’s warning that inflation remains too high. The episode also reports that Iceland rejected EU membership, a judge ruled Marco Rubio’s deportation actions unconstitutional, and various global updates on war, politics, and business.
Topics discussed
Intro and New York sewer tourism oddity
US stake in Venezuela oil deal and Betancourt
Rising death toll in China-Nepal floods
Kevin Warsh: Fed inflation priority at Jackson Hole
Iceland rejects reopening EU accession talks
Judge rules Rubio's deportation of students unconstitutional
Saudi Arabia ends LIV Golf funding and layoffs
LIV Golf's impact on PGA Tour and player pay
Saudi PIF retrenchment and Vision 2030 shifts
US news: Grand Canyon floods, Netanyahu son, ICE
World news: Ukraine, Iran, Zambia, Niger, China
Business, tech, and entertainment headlines
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