• News
  • Finance

Pressured over missing writer, Saudi Arabia lashes out

Pressured over missing writer, Saudi Arabia lashes out

A leading US senator says Treasury Secretary Steven Mnuchin shouldn't attend a major investment conference in Saudi Arabia later this month in the wake of reports that journalist and USA resident Jamal Khashoggi may have been killed at the Saudi consulate in Istanbul.

More major players in global finance and industry are pulling out of a high-profile business conference in Saudi Arabia in the wake of reports that a Saudi writer critical of the government disappeared and is feared dead after entering a Saudi consulate in Turkey.

Turkey's Foreign Minister Mevlut Cavusoglu said Saudi Arabia had not cooperated in the investigation, despite proposing to create the joint working group with Turkish authorities.

USA senators called for reactions ranging from boycotting an upcoming economic summit in Riyadh to ending support for Saudi military operations in Yemen.

Mohammed Zidan, market strategist at Thinkmarket in Dubai, said the drop in Saudi stocks was linked to the uncertainty surrounding the Khashoggi affair.

The statement articulated the concern of the Swiss Foreign Ministry and its hopes to get more explanation on Khashoggi's fate.

Earlier in the day, Ford Motor Chairman Bill Ford has also cancelled an upcoming trip to the Riyadh business conference.

The Washington Post reported in recent days that the Turkish government informed USA officials it was in possession of video recordings that prove Khashoggi was killed inside the consulate, but have not made them public.

King Salman also ordered Saudi prosecutors to begin an investigation into what happened to Mr Khashoggi, according to Reuters.

In a statement issued through the official Saudi Press Agency, Saudi Arabia has said it would retaliate if there were any sanctions by the US.




"Since Saudi arms are being used to ravage Yemen and they are apparently complicit in the disappearance of Mr. Khashoggi, I can not support President Trump's proposed arms sale", Durbin said.

Turkish authorities have told USA officials that they have recordings from inside the Saudi consulate in Istanbul that provide evidence that Khashoggi was killed inside, officials told NBC News.

Turkish authorities believe Khashoggi was killed inside the mission by a Saudi state hit-squad, charges that Saudi authorities have consistently denied. Saudi Arabia is leading a coalition of Gulf states in a military campaign against Iranian-backed Houthi rebels in Yemen.

Trump said "nobody knows yet" what happened inside the consulate, "but we'll probably be able to find out" if Salman ordered Khashoggi's murder.

Prodded Saturday to specify what type of "severe punishment" he could impose, Trump demurred.

No-one could undermine the strong relationship with Turkey, he said.

"We will take stern action with the Saudis if necessary", Kudlow said.

Swiss exports include mainly pharmaceutical products, watches and machinery, while Saudi oil exports to European countries indirectly cover about 60% of Switzerland's crude oil imports.

The Saudi government deployed similar tactics during quarrels in the past year with Germany and Canada, she said.

Leave Your Comment

Leave Your Comment


Latest News

Breaking News



Recommended

Argentina legend Maradona blasts compatriot Lionel Messi's leadership

Manchester City have refuted claims that they offered to triple Lionel Messi's salary in a bid to sign the Argentina worldwide from Barcelona .

Hurricane Michael kills one in Florida: county official

She was an 11 year old girl and was killed when some type of debris fell on the home, the Atlanta Journal-Constitution reported . The storm had top sustained winds of 60 miles per hour (96 kph) and was moving to the northeast at 20 miles per hour (32 kph).

Aaron Ramsey confirms he will remain at Arsenal until his contract expires

Ramsey is now on global duty with Wales, who face the Republic of Ireland at the Aviva Stadium on Tuesday. We thought we were in a position where we had agreed a deal but that's no longer the case.

Usain Bolt scores two goals on first start for professional side

Bolt added his second of the evening by taking advantage of some outrageous defending before rolling the ball into an empty net. In their final game before competitive football returns in Australia , Central Coast smashed their amateur counterparts 4-0.

300 miles of Florida coastline on hurricane alert

A hurricane warning is in effect for Florida cities including Tallahassee, Panama City, Apalachicola and Pensacola. Rick Scott issued a state of emergency for 26 counties on Sunday, as member station WFSU reports .

Jose Mourinho's touchline comments may be investigated by lip reader

The victor , which will be voted for by a global panel of 176 football journalists, will be announced on December 3. United are eighth in the Premier League , seven points behind leaders Manchester City.

China US talks on North Korea get off to frosty start

Pompeo declined to comment whether there was progress on a shutdown of the Yongbyon site. But this time, the North Korean reaction to the talks was much more positive.

Interpol president Meng Hongwei reported missing during trip to China

Rights groups previously said that Beijing could use Meng's position to arrest and deport its critics overseas . Business Insider has contacted the French Ministry of Justice and the Chinese Embassy in London for comment.

Brett Kavanaugh: Key test vote on Supreme Court nominee passes

He has denied her allegations, as well as allegations of sexual misconduct from two other women. Lisa Murkowski (R-AK) voted no on the motion to cloture .

Emergency Alert To Hit Cell Phones This Afternoon

The Wireless Emergency Alert System does not provide for such an option, as it's sole objective is to reach everyone . Central) and the EAS message will be sent two minutes later, at 2:20 p.m. "No action is needed", the message states.