Saudi Arabia Vows To Repay Action Against It 'With Greater Action'

Oscar PerryOct 15, 2018

Turkish officials say they believe Khashoggi was killed inside the Saudi mission and lurid claims suggesting he was tortured and even dismembered have been leaked to the media.

"If he makes a genuine contribution to the efforts to reveal what happened inside the Saudi consulate in Istanbul that day, I will consider accepting his invitation".

Stocks have dropped as much as 9% since Khashoggi disappeared on October 2 after walking into the Saudi consulate in Istanbul.

"This is happening at a time when Saudi Arabia is preparing for a big investment event and they don't need people suspending or pulling out investments", said Nadi Barghouti, head of asset management at Emirates Investment Bank in Dubai. The Wall Street Journal reported that Dimon has backed out. Saudi Arabia has denied that.

He told CBS: "We're going to get to the bottom of it".

But the President all but ruled out cancelling US$110 billion in United States arms sales to Saudi Arabia, arguing that doing so would be "very foolish for our country" and only end up harming U.S. defence industries and others.

"If they have got nothing to hide then they will, and should, co-operate".

That prompted a pugnacious Saudi response on Sunday: "The kingdom also affirms that if it is [targeted by] any action, it will respond with greater action".

The statement did not elaborate. According to Saudi-owned Al Arabiya channel, the kingdom has "over 30 measures" that it could implement to combat sanctions. Benchmark Brent crude now trades above $80 a barrel and US gasoline prices have risen ahead of the midterm elections.

Trump has repeatedly criticized Saudi Arabia and King Salman over rising global oil prices.

Palestinian kills two Israelis in West Bank shooting
Israeli forces conduct overnight detention raids nearly on a daily basis across the West Bank, triggering clashes with residents. Prime Minister Benjamin Netanyahu has no doubts that the perpetrators of the attack "will be caught and put to justice".

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

Sanders suggested that cutting ties to the war in Yemen would be among the strongest responses the USA could undertake.

Washington lobbying firm Harbour group which represented the Saudi government, has also terminated its $80,000 per month contract, the firm's managing director Richard Mintz said.

The Saudi Embassy in Washington later tweeted what it called a clarification, thanking countries including the United States "for refraining from jumping to conclusions" over the case.

Erdoğan stressed forming a joint working group to probe the case, said a Turkish presidential source, who spoke on condition of anonymity due to restrictions on talking to media.

Turkey and Saudi Arabia are rivals for influence in the Middle East. Saudi Arabia calls allegations that it killed Jamal Khashoggi lies.

Saudi Crown prince Mohammed bin Salman "freaked out" in August at Canada's criticism of its crackdown on female human rights activists, showing New Zealand would be running risks if it issued any snubs, he said.

FILE PHOTO: Ford Executive Chairman Bill Ford poses next to a 1965 Ford Mustang GT during the 100 year celebration of the Ford River Rouge Complex in Dearborn, Michigan U.S. September 27, 2018. "Certainly our involvement in Yemen with Saudi Arabia will be effected".

Those policies are all seen as initiatives of the crown prince, who has also presided over a roundup of activists and businessmen. Turkish investigators are still demanding access to the consulate.

Saudi Arabia on Sunday vowed to hit back against threats or sanctions imposed over the disappearance of veteran journalist Jamal Khashoggi.

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