Indonesia has embarked on an ambitious project to build a new capital city from scratch because Jakarta is overcrowded, polluted and sinking, fast.

But the multibillion dollar new city, Nusantara, was plagued with problems from the very start. On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Faris Mokhtar about what went wrong, and what’s at stake for Southeast Asia’s largest economy if it fails.

Indonesia has embarked on an ambitious project to build a new capital city from scratch because Jakarta is overcrowded, polluted and sinking, fast.
But the multibillion dollar new city, Nusantara, was plagued with problems from the very start. On today&rsquo;s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg&rsquo;s Faris Mokhtar about what went wrong, and what&rsquo;s at stake for Southeast Asia&rsquo;s largest economy if it fails.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Indonesia Is Building a New Capital. It’s Not Going Well

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e9910d81-429e-4e11-92c3-b24f014226e8/transcript

President Donald Trump’s 2025 financial disclosure showed earnings unlike anything Americans have seen from a sitting US president: $1.4 billion in cryptocurrency, 21,000 securities trades and millions from his resorts and golf clubs.

On today’s Big Take podcast, Bloomberg campaign finance reporter Bill Allison joins host Sarah Holder to look at the ethical concerns the disclosure raises and what — if any — political fallout could follow.

Read more: 
Trump Reports at Least $1.4 Billion in 2025 Crypto Earnings 
Trump Reports Receiving About $120,000 in Sports Events Tickets
Trump Financial Disclosure Shows 21,000 Trades in 2025

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by Sarah Holder; Produced by Rachael Lewis-Krisky; Reported by Bill Allison; Fact-checking by Victor Swezey; Engineering by Alex Sugiura; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

President Donald Trump&rsquo;s 2025 financial disclosure showed earnings unlike anything Americans have seen from a sitting US president: $1.4 billion in cryptocurrency, 21,000 securities trades and millions from his resorts and golf clubs.
On today&rsquo;s Big Take podcast, Bloomberg campaign finance reporter Bill Allison joins host Sarah Holder to look at the ethical concerns the disclosure raises and what &mdash; if any &mdash; political fallout could follow.
Read more:&nbsp;
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-06-30/trump-reports-at-least-1-2-billion-in-crypto-earnings-for-2025?srnd=undefined">Trump Reports at Least $1.4 Billion in 2025 Crypto Earnings</a>&nbsp;</li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-07-01/trump-reports-receiving-about-120-000-in-sports-events-tickets?srnd=undefined">Trump Reports Receiving About $120,000 in Sports Events Tickets</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-07-02/trump-financial-disclosure-shows-21-000-trades-in-2025">Trump Financial Disclosure Shows 21,000 Trades in 2025</a></li>
</ul>
We have a special Bloomberg subscription offer for podcast listeners at&nbsp;<a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by Sarah Holder; Produced by Rachael Lewis-Krisky; Reported by Bill Allison; Fact-checking by Victor Swezey; Engineering by Alex Sugiura; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

No US President Has Ever Come Close to Making This Much Money in Office

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e328fa9d-2984-4506-8c23-b488014582a0/transcript

China’s men’s soccer team has qualified for the World Cup just once, despite millions in investment and a personal push from President Xi Jinping to turn the nation into a footballing powerhouse.

On today’s Big Take Asia podcast, host Oanh Ha speaks with Eric Zhu of Bloomberg Economics and Mark Dreyer, sports writer and author of Sporting Superpower, about why the country’s top-down engineering approach fails to capture the grassroots magic of the game and how academic pressure continues to push many young players off the field.

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by Oanh Ha; Produced by Yang Yang and Naomi Ng; Edited by Patrick Hirsch, Julia Weaver; Fact-checking by Julia Press; Engineering by Taka Yasuzawa Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

China&rsquo;s men&rsquo;s soccer team has qualified for the World Cup just once, despite millions in investment and a personal push from President Xi Jinping to turn the nation into a footballing powerhouse.
On today&rsquo;s Big Take Asia podcast, host Oanh Ha speaks with Eric Zhu of Bloomberg Economics and Mark Dreyer, sports writer and author of Sporting Superpower, about why the country&rsquo;s top-down engineering approach fails to capture the grassroots magic of the game and how academic pressure continues to push many young players off the field.
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by Oanh Ha; Produced by Yang Yang and Naomi Ng; Edited by Patrick Hirsch, Julia Weaver; Fact-checking by Julia Press; Engineering by Taka Yasuzawa Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

Xi Jinping Loves Soccer. Why Is China’s Team So Bad?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bc7e697f-79c7-41e6-a2a3-b48701510895/transcript

The last few days have brought a flurry of developments in the Iran war.

As armed hostilities between the US and Iran resumed over the weekend, news broke that US Senator Lindsey Graham had died. Graham was a staunch supporter of Israel and of the war in Iran. And on Monday, President Trump declared US control over the Strait of Hormuz and demanded a 20% reimbursement rate for all cargo that moves through the waterway.

It’s not clear when the war with Iran will end. But when it does, the balance of power in the Middle East will look very different than it did before Hamas attacked Israel on October 7, 2023. On today’s Big Take podcast, Bloomberg’s Peter Martin joins host David Gura to discuss the new alliances, revised trade routes and expanded battlefields that are reshaping the Middle East.

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by David Gura; Produced by Laura Newcombe; Reported by Peter Martin; Edited by Nicole Beemsterboer.

Fact-checking by Victor Swezey; Engineering by Alex Suguira.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

The last few days have brought a flurry of developments in the Iran war.
As armed hostilities between the US and Iran resumed over the weekend, news broke that US Senator Lindsey Graham had died. Graham was a staunch supporter of Israel and of the war in Iran. And on Monday, President Trump declared US control over the Strait of Hormuz and demanded a 20% reimbursement rate for all cargo that moves through the waterway.
It&rsquo;s not clear when the war with Iran will end. But when it does, the balance of power in the Middle East will look very different than it did before Hamas attacked Israel on October 7, 2023. On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s Peter Martin joins host David Gura to discuss the new alliances, revised trade routes and expanded battlefields that are reshaping the Middle East.
We have a special Bloomberg subscription offer for podcast listeners at&nbsp;<a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by David Gura; Produced by Laura Newcombe; Reported by Peter Martin; Edited by Nicole Beemsterboer.
Fact-checking by Victor Swezey; Engineering by Alex Suguira.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

A New Middle East Is Emerging From the Iran War 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ddade724-0f4e-469f-8926-b4860149132b/transcript

Indonesia Is Building a New Capital. It’s Not Going Well

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