How NYSE move could propel Saudi share in Uber to $16 bln

Gladys Abbott
October 18, 2018

"In this spirit, light must be shed on the disappearance of Saudi journalist Jamal Khashoggi, ' it said, indicating all three countries were treating the matter 'with the utmost seriousness".

The CEO of the us bank JP Morgan has already announced that he wouldn't make it the "Davos of the desert" and several media outlets, including the Financial Times, the New York Times, The Economist, Bloomberg and CNN have made a decision to snub this event.

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.

In an "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. Turkey claims to have evidence that Khashoggi, a United States resident and columnist for the Washington Post, was murdered inside the Saudi consulate in Istanbul earlier this month - an accusation the Saudi government strenuously denies.

The statement did not directly acknowledge Khashoggi's disappearance, which happened October 2 when he visited the Saudi Consulate in Istanbul.

"There's something really bad and disgusting about that, if that was the case, so we're going to have to see", Mr Trump said.

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

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"The Kingdom's economy has an influential and vital role in the global economy and its economy is affected only by the impact of the global economy".

A Turkish diplomatic source said investigators would inspect the consulate on Monday afternoon, following delays last week when the two countries agreed to work together to find out what happened to Khashoggi, a critic of the Kingdom's policies.

The statement did not elaborate.

Saudi Arabia is the world's top oil exporter, and Kudlow was asked on "Fox News Sunday" whether a Saudi response could affect energy prices.

Saudi Arabia is a key partner for Switzerlandexternal link in the Arab world and the Middle East region.

"If the price of oil reaching $80 angered President Trump, no one should rule out the price jumping to $100, or $200, or even double that figure", Turki Aldakhil wrote.

The Saudi consulate referred Reuters to authorities in Riyadh who did not respond to questions about the 15 Saudis. But Mr Khashoggi's disappearance has led several business leaders and media outlets to back out of the upcoming investment conference in Riyadh called the Future Investment Initiative.

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