15 October, 2018
Britain's main opposition Labour Party would stop selling arms to Saudi Arabia if it was in government, its foreign policy spokeswoman said on Sunday after the disappearance of Saudi journalist Jamal Khashoggi.
Trade in the forward currency market, used by banks to hedge investments, suggested some institutions were protecting themselves against the risk of capital outflows or US sanctions on Riyadh after the disappearance of Khashoggi, a prominent critic of Saudi authorities, in Istanbul.
Saudi Arabia calls the allegation "baseless", but has yet to explain how the writer simply vanished while visiting the consulate as his fiancee stood outside waiting for him.
And Rubio said that no USA government officials should be attending the Saudi conference until they get some official answers about what happened.
A Saudi money changer displays Saudi Riyal banknotes at a currency exchange shop in Riyadh, Saudi Arabia July 27, 2017.
"The Kingdom also affirms that if it receives any action, it will respond with greater action, and that the Kingdom's economy has an influential and vital role in the global economy", the official added, without elaborating.
More business leaders have pulled out of Saudi Arabia's flagship investment conference in protest at the reported killing of Jamal Khashoggi, dealing a further blow to a high-profile event tagged as Davos in the Desert.
"It's cumulative - the Yemen war, the dispute with Qatar, the tensions with Canada and Germany, the arrests of women activists".
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JP Morgan Chase and Ford did not comment on whether the decision was related to concerns about the disappearance of Khashoggi.
Treasury Secretary Steven Mnuchin said in Bali on Saturday he would still attend the conference, which its hosted on October 23-25 by the Public Investment Fund, Saudi Arabia's sovereign wealth fund, under the theme "A blueprint for the twenty-second century".
USA senators called for reactions ranging from boycotting an upcoming economic summit in Riyadh to ending support for Saudi military operations in Yemen. We can not guarantee that it is suitable for the visually or hearing impaired.
The Saudi stock market had tumbled 7.2 percent over the previous two trading days because of the Khashoggi case, but it rebounded 2.0 percent on Monday.
Anti-Saudi sentiment in the US Congress could conceivably raise pressure to pass the No Oil Producing and Exporting Cartels Act, which would end sovereign immunity shielding OPEC members from US legal action.
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.
Turkish sources have told Reuters the initial assessment of the police was that Khashoggi, an outspoken critic of the Saudi government, had been deliberately killed inside the consulate. "Time is important in terms of evidence", the official said.