Published: Mon, October 22, 2018
Markets | By Josh Butler

Killing of journalist was rogue operation, says Saudi foreign minister

Killing of journalist was rogue operation, says Saudi foreign minister

After two weeks of denials, Saudi authorities admitted that Mr Khashoggi, a Washington Post columnist and prominent critic of powerful Crown Prince Mohammed bin Salman, was killed after entering the consulate in Turkey on 2 October.

"The market started to price in a fundamentally different relationship between Saudi Arabia and the US", said Jaap Meijer, head of equity research, at Arqaam Capital. He changed his tone once again late this week, raising the prospect of sanctions against Riyadh.

Trump told reporters Friday the Saudi explanation was credible, and has said that while he hasn't decided on a response, no punishment would impact arms sales to the kingdom.

He said Saudi Arabia does not know how Mr Khashoggi was killed or where his body is, adding the country is still working on finding out where Mr Khashoggi's body is and determining what happened.

However, he has pushed back again any effort to cancel the mega United States dollars 110 billion arms deal with Saudi Arabia asserting that such a move will hurt U.S. economy and jobs.

French Foreign Minister Jean-Yves Le Drian said many questions remained unanswered while German Chancellor Angela Merkel urged transparency, adding that "available reports on what happened in the Istanbul consulate are insufficient". We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

In a recent off-the-record interview published posthumously by U.S. magazine Newsweek, Khashoggi described the 33-year-old heir apparent as "an old-fashioned tribal leader", but said he would have accepted an offer to work as his adviser.

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The Saudi government has fired five intelligence officials, including Deputy Chief of General Intelligence Ahmad bin Hassan Asiri and royal court advisor Abdullah Al-Qahtani. Why were 18 people arrested?

Khashoggi's disappearance "drew the attention of the Kingdom of Saudi Arabia at the highest levels, and due to the circumstances surrounding his disappearance, the Kingdom took the necessary procedures to clarify the truth and began by dispatching a security team to Turkey on 6 October 2018 to investigate and cooperate with counterparts in Turkey", SPA said.

However, Top American lawmakers have said the Saudi statement was not credible and demanded action against the Arab nation.

'I don't think anybody believes that story, ' Corker said of the alleged fistfight in the embassy that the Saudi government is spinning. King Salman had handed the day-to-day running of Saudi Arabia to his son, whose reputation has been tarnished by the Khashoggi affair.

The efforts to attack Khashoggi and other influential Saudis, and sway public opinion against them on the social media service, included a so-called troll farm based in Riyadh and a suspected spy within Twitter that the kingdom utilized to monitor user accounts, the New York Times reported.

The crown prince has held long meetings with Kushner, who reportedly promoted MBS within the administration as a potential partner in the region.

The Turkish president said he would make a full statement on the case when he would address his ruling party MPs in parliament on Tuesday.

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