The Indicator from Planet Money The Indicator from Planet Money

Saudi’s LIV golf exit is just the start

May 28, 2026 · 9m

Summary

This episode examines how Saudi Arabia’s $5 billion investment in Liv Golf failed to achieve its goals of soft power and economic diversification. Hosts Waylon Wong and Darian Woods discuss how geopolitical shifts, including the Iran war, and domestic economic pressures led the Saudis to abandon the venture. The show explores the league’s reliance on Trump-owned venues and star players, concluding that such flashy cultural projects are being replaced by more practical investments in AI and manufacturing.

Topics discussed

Intro: Saudi Arabia's failed diversification projects Sponsors: Dataiku, Mint Mobile, Better Health Vision 2030 and the diplomatic allure of golf PGA monopoly and the Khashoggi assassination context Launch of Live Golf and partnership with Trump Live Golf's lack of fans and funding withdrawal Geopolitics: Iran war and shifting priorities New focus on domestic economy and Vision 2040 Credits and NPR promotions
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