Saudi riyal at weakest since June 2017 on Khashoggi case

Saudi media: Any US sanctions over Khashoggi would ‘stab its own economy to death’

Germany, France and Britain are calling for a "credible investigation" to establish what happened to Saudi writer Jamal Khashoggi and seek a "complete and detailed" Saudi response.

Khashoggi, a USA resident, Washington Post columnist and leading critic of the powerful Saudi crown prince, Mohammed bin Salman, vanished after entering the Saudi consulate in Istanbul two weeks ago to get marriage documents. The article begins by noting that Silicon Valley startups such as WeWork, DoorDash, Wag, and Slack all wouldn't exist without investments from the Kingdom of Saudi Arabia.

"No matter how important they may be to our Iranian strategy", he added, "our ability to be a voice for human rights - and to go after regimes like [Syrian President Bashar] Assad, like [Russian President Vladimir] Putin, like what China does, like what [President Nicolas] Maduro does in Venezuela - all of that is undermined and compromised if we are not willing to confront something as atrocious as what's allegedly happened here".

Khashoggi, a critic of the Saudi government and in particular Crown Prince Mohammed bin Salman, was last seen entering the consulate on October 2 to get paperwork for his upcoming marriage to a Turkish woman.

Saudi Arabia vowed retaliation as calls for sanctions against the Kingdom over the unsolved disappearance of journalist and prominent Saudi critic Jamal Khashoggi grow louder.

Still, regional traders said speculation the Khashoggi case might deter some inflows of foreign investment - and that a backlash in the US Congress could lead to US sanctions against some Saudi individuals - had triggered panic selling of stocks by some local investors.

"Whilst it is disappointing that some speakers and partners have pulled out, we are looking forward to welcoming thousands of speakers, moderators and guests from all over the world to Riyadh", a Future Investment Initiative representative said last week.

Next Summit With N. Korea's Kim to Be After Nov. US Elections
Senior North Korean officials including sports minister Kim Il-guk and foreign affairs minister Ri Su-yong were also at the game. Religious agencies have said they number in the few hundreds to about 4,000. "They do nothing without our approval".


Secretary of State Mike Pompeo, hurriedly sent to Riyadh, expected to get more clarity during talks with Saudi leaders Tuesday.

The plan, known as Vision 2030 and spearheaded by Crown Prince Mohammed bin Salman, aims to increase foreign investment, boost tourism and grow the private sector.

It's unclear, however, whether Saudi Arabia would be willing to unilaterally cut production.

On Sunday, JP Morgan Chase & Co said Chief Executive Jamie Dimon has canceled plans to attend the Saudi Arabian investor conference later this month. "Obviously, we have a long-standing partnership with Saudi Arabia in a lot of areas".

Trump said he could not confirm such reports.

Trump quoted the King on Monday as saying that neither he nor his son, the crown prince, had any information about what had happened to Khashoggi.

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.

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