Saudi Arabia vows to retaliate

Jamal Khashoggi in Manama Bahrain. Turkey claims that Khashoggi who wrote for The Washington Post was killed inside a Saudi diplomatic mission in Turkey

Hasan Jamali File AP

In a joint statement on Sunday, France, Germany, and the United Kingdom said that "light must be shed" on the disappearance of the US-based journalist Jamal Khashoggi, who had not been seen since entering the Saudi consulate in Istanbul earlier this month.

USA senators called for reactions ranging from boycotting an upcoming economic summit in Riyadh to ending support for Saudi military operations in Yemen. "From where we sit, we don't see any demand for Saudi equities at all". A bone saw was used to dismember Khashoggi's body and it was placed in handheld cases and transported back to Saudi Arabia.

Khashoggi, a Washington Post contributor, vanished after entering the Saudi consulate in Istanbul on October 2 to obtain official documents for his upcoming marriage. However, a column published in English a short time later by the general manager of the Saudi-owned Al-Arabiya satellite news network suggested Saudi Arabia could use its oil production as a weapon.

US President Donald Trump has threatened "severe punishment" if it turned out Mr Khashoggi was killed in the consulate, though he said Washington would be "punishing" itself if it halted military sales to Riyadh, a key ally.

The Saudi warnings came after the country's stock market fell as much as 7% on Sunday amid fears of sanctions.

Other countries in Europe like Britain, Germany and France have issued a joint statement, reported CNN.

Protestors hold pictures of missing journalist Jamal Khashoggi during a demonstration in front of the Saudi Arabian consulate in Istanbul, October 5, 2018. "There needs to be a credible investigation to establish the truth about what happened, and - if relevant - to identify those bearing responsibility for the disappearance of Jamal Khashoggi, and ensure that they are held to account", the statement said.

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Already, global business leaders are pulling out of the kingdom's upcoming investment forum, a high-profile event known as "Davos in the Desert", and the sell-off on Riyadh's Tadawul stock exchange showed that investors are uneasy.

"We were going to browse appliances for our new home and meet with our friends and family members over dinner", she wrote.

The Washington Post, citing unidentified USA and Turkish officials, reported that Turkey had told US officials it has audio and video recordings that prove Khashoggi was killed inside the consulate. Despite being anxious for his safety, he had gone into the consulate in Istanbul to get a document necessary to marry his Turkish fiancee, his fiancee and friends have said. Describing the disappearance as a "terrible thing", Trump said the U.S. would find out what happened to Khashoggi.

After committing $45 billion to the Vision Fund, Saudi Arabia's crown prince Mohammed bin Salman also pledged to invest billions in SoftBank's next venture capital fund.

"The king firmly denied any knowledge of it", Trump told reporters as he left the White House for a trip to survey hurricane damage in Florida and Georgia.

The prince, ambitious, aggressive and just 33 in a kingdom long ruled by aging monarchs, has considerable weight in Saudi government actions.

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