Turkey to search Saudi consulate after Erdogan, king talk

Share

Under Son, SoftBank built its global influence through tech investments and raised over $93 billion a year ago to create its Vision Fund - with $45 billion coming from Saudi Arabia.

In a sign Saudi King Salman bin Abdel-Aziz may seek a diplomatic solution to the incident, the monarch stressed the strength of Saudi-Turkish ties in a telephone call with President Recep Tayyip Erdogan of Turkey, the SPA said late Sunday.

Aldakhil pointed out that due the economic muscle of Saudi Arabia, which is the destination of ten per cent of the weapons manufactured in the USA and is one of the top 20 economies, Riyadh will have as many as 30 different options "without flinching an eye if sanctions are imposed on it". "Pointing out that US President Donald Trump had expressed anger after oil reached $80 a barrel, he asked readers to imagine what it would be like if it oil jumped to "$100, or $200, or even double that figure".

The incident is threatening to spark a geopolitical crisis as the USA and Turkey demand answers from Saudi Arabia, and the kingdom vows to retaliate against any punitive measures imposed over the critic's fate.

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

In a joint statement, Britain's foreign minister Jeremy Hunt, his French counterpart Jean-Yves Le Drian and Germany's Heiko Maas said whoever was responsible for the Saudi journalist's disappearance must be held to account.

Media companies and some technology executives have pulled out of a major Saudi investment conference dubbed "Davos in the Desert", scheduled for next week in Riyadh, because of growing outrage over the disappearance.

Arsenal's Aaron Ramsey: I won't leave in January despite contract breakdown
If that doesn't happen and Ramsey continues to not perform well then Arsenal might lose one of its stars in summer. After months of speculation, Ramsey opens up on when he is leaving Arsenal .

"With misgivings emerging about Saudi involvement in the journalist's disappearance, SoftBank's stock price is responding negatively", said Takashi Oikawa, an analyst at Ichiyoshi Securities.

Khashoggi, a Washington Post columnist, was last heard from on October 2 after entering the Saudi consulate in Istanbul to gather some documents for his upcoming wedding. Turkey believes he was deliberately killed inside the building and his body removed.

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

What happened to Jamal Khashoggi? Reportedly, the Turkish officials claim to be in possession of audio and video recordings of the journalist being interrogated, killed and then dismembered inside the consulate, however, no such recordings have been made public yet.

The White House's comments in this regard so far have been limited.

In an article titled "Silicon Valley's Saudi Arabia Problem", the New York Times outlines how liberal Silicon Valley tech firms struggle with the issue of taking money from Saudi Arabian investors while ignoring the countries many human rights violations.

Share