Cerian Richmond-Jones

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71 appearances 1 recordings 1 series first heard Jul 2026 last heard 14 Jul

Cerian Richmond-Jones’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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Economist Podcasts · The case of the missing totem: Aung San Suu Kyi · 14 Jul 2026 podcast

The fighting has been a real mixed blessing for Turkey.

So on the one hand, oil prices have skyrocketed and that pushed up inflation to more than 4% in April.

Even for Turkey, that's a lot.

But then in May, inflation went down.

And actually, trouble in the Gulf started yielding some opportunities.

And if you go to Istanbul today, you'll see the city is bustling with cargo, with tourists and with capital that's fled the Gulf.

Geography is definitely a part of it.

So for a really long time, Istanbul has been this kind of roundabout for businessmen from Eastern Europe, from North Africa and from Central Asia, as well as the Middle East.

But it's always been way more shabby than the Gulf.

Also, there are other reasons.

So just like the Gulf, Turkey's government maintains relations with Russia, China and America.

And that really helps because it means that lots of different nationalities and lots of different political affiliations can kind of gather in Istanbul, much like the Gulf.

And it's also a big enough city and rich enough that shoppers and tourists that would otherwise be kind of filling out the Gulf's shopping centers can come to Istanbul's European side.

So I went to some of Istanbul's ports and they are absolutely bustling at the moment.

Volumes through the biggest one in Istanbul have tripled since the Strait of Hormuz closed.

And then overall, ports in Turkey have never handled this much cargo at this time of the year.

And it's not just shipping.

So Turkey has a lot of overland logistics flowing through it.

Roads are more busy.

There are pipelines that take gas and oil that flow through Turkey that go from the Middle East to Europe.

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