Markets

Saudi king calls Erdogan as Khashoggi fallout widens

Saudi king calls Erdogan as Khashoggi fallout widens

Saudi Arabia's King Salman on Monday ordered an internal probe into the unexplained disappearance of prominent journalist Jamal Khashoggi as a joint Turkish-Saudi team was set to search the Saudi consulate in Istanbul where he was last seen on October 2. Khashoggi was a former Saudi government advisor who reportedly went into a self-imposed exile in the United States in 2017 to avoid a possible arrest.

US President Donald Trump has vowed "severe punishment" if proof of Saudi involvement in Khashoggi's disappearance is found.

The recordings purportedly indicated that the prominent Saudi journalist was tortured and killed at the kingdom's consulate in Istanbul, according to the Turkish Sabah daily.

Turkish officials have said they fear a Saudi hit team killed and dismembered Mr Khashoggi, who wrote critically of Saudi Crown Prince Mohammed bin Salman.

Britain, France and Germany insisted Sunday that "light must be shed" on the whereabouts of journalist Jamal Khashoggi as they called for a credible investigation into his disappearance.

Governor: Limo That Crashed Shouldn't Have Been On Road
Chuck Schumer, D-N.Y., asked the NTSB to investigate limo accidents nationwide, but nothing changed beyond deeper investigations. Police said everyone inside the limousine, including the driver, died in the crash, and all those killed were adults.


Investment in sport has proved a viable option for those two oil-rich gulf states looking to project soft power and improve the global prestige of their nations overseas and, it's claimed, Saudi Arabia are set to look to do the same.

"I think we need to continue to evaluate the facts and we'll make that decision - I talked to Secretary Mnuchin about it last night, we'll be taking a look at it through the rest of the week", Pompeo, alongside President Trump, told reporters in the Oval Office on Saturday.

The exchange dropped by over 500 points, then clawed back some of the losses, ending the day down 264 points, or more than 4 per cent. In response, executives at some major US companies announced they would no longer attend the "Davos in the Desert" conference hosted by the country. Pointing out that Russia and China were ready to step in, he added that "no one can deny that repercussions of these sanctions will include a Russian military base in Tabuk, northwest of Saudi Arabia, in the heated four corners of Syria, Israel, Lebanon and Iraq". Saudi authorities last week agreed to let Turkish officials search the consulate after Ankara sought permission to probe the building on Saudi sovereign territory. "We're going to get to the bottom of it, and there will be severe punishment".

Saudi Arabia is the biggest investor in Softbank's $100 billion Vision Fund, which owns stakes in WeWork, brokerage Compass, property insurer Lemonade, and construction company Katerra, among other firms.

Cengiz, a doctoral student at a university in Istanbul, wrote: "If the allegations are true, and Jamal has been murdered by the errand boys of Mohammed bin Salman, he is already a martyr".


loading...