Published: Thu, October 18, 2018
Money | By Bruce West

Trump suggests 'rogue killers' murdered journalist Khashoggi

Trump suggests 'rogue killers' murdered journalist Khashoggi

The State Department has urged a thorough investigation into Khashoggi's disappearance and called on Saudi Arabia to be transparent about the results - advice broadly tracking messages from allies in Europe.

The Saudi stock market tumbled more than 6.8 percent after US President Donald Trump warned "severe punishment" over the disappearance of Washington Post journalist Jamal Khashoggi and now there are fears the move could push the oil price closer towards the $100 a barrel mark.

According to a United Nations report earlier this year, direct foreign investment in Saudi Arabia fell to $1.4 billion in 2017, the lowest level in 14 years.

"We encourage joint Saudi-Turkish efforts in that regard, and expect the Saudi government to provide a complete and detailed response", they added. Turkey said Khashoggi was killed in the Saudi consulate in Istanbul, while Saudi Arabia said the journalist left unharmed.

While an earlier generation of Saudi leaders, like, invested billions of dollars in blue-chip companies in the United States, the kingdom's new crown prince, Mohammed bin Salman, has shifted Saudi Arabia's investment attention from Wall Street to Silicon Valley.

Flake said if the Saudis did, in fact, kill Khashoggi, Congress might specifically curtail USA military aid to Saudi-led forces in Yemen. "That lets us both go faster", Segars said.

President Donald Trump suggested Monday that "rogue killers" could be responsible for the mysterious disappearance of Saudi journalist Jamal Khashoggi, an explanation offering us ally Saudi Arabia a possible path out of a global diplomatic firestorm.

European leaders followed in demanding answers from the Saudi government, in a joint statement on Sunday.

Prodded Saturday to specify what type of "severe punishment" he could impose, Trump demurred. Ford Motor Co said Chairman Bill Ford has canceled his trip to the Middle East, which included an appearance at the Saudi investment conference.

There's now some doubt about whether US Treasury Secretary Steven Mnuchin will attend the Riyadh conference.

Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, expressed profound appreciation for the distinguishing position of the Kingdom as a major power ensuring security and stability in the Arab and Muslim worlds, commending all the constructive initiatives and policies adopted by the Kingdom to underpin regional and international peace and development. The New York Times reported that the Saudi royal court would soon put out a narrative that an official within the kingdom's intelligence services - who happened to be a friend of Prince Mohammed - had carried out the killing.

"It's being investigated, it's being looked at very, very strongly", Trump said.

Prince Khaled al-Faisal, a senior member of Saudi Arabia's ruling family and senior advisor to King Salman, has met Erdogan to discuss Khashoggi's disappearance, two sources with knowledge of the matter told Reuters without providing details. Executivesincluding JPMorgan Chase (JPM) CEO Jamie Dimon have pulled out of an investment conference taking place in the kingdom later this month.

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