Kudlow defends Mnuchin's Saudi Arabia trip amid search for missing journalist

Brenda Watkins
October 15, 2018

"If, as they say, this awful murder didn't happen, then where is Jamal Khashoggi?".

The latest cancellations could add pressure on other U.S. firms like Goldman Sachs Group Inc, Mastercard Inc and Bank of America Corp to reconsider their plans to attend the event.

Still, regional traders said speculation the Khashoggi case might deter some inflows of foreign investment - and that a backlash in the US Congress could lead to US sanctions against some Saudi individuals - had triggered panic selling of stocks by some local investors.

Jamal Khashoggi has not been seen since last week.

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On Sunday, the Saudi Embassy followed up by writing on Twitter: "The Kingdom of Saudi Arabia extends...appreciation to all, including the U.S. administration, for refraining from jumping to conclusions on the ongoing investigation". Daily Sabah suggested all was pretty rosy, at the moment, between the two nations.

However, Palestinian sources in Ramallah said they believed the statement was issued at the request of the Saudi leadership in wake of charges the disappearance of Saudi journalist Jamal Khashoggi, who was least seen entering the Saudi consulate in Turkey earlier this month.

According to Brennan, the de-facto leader of Saudi Arabia, Crown Prince Mohammed bin Salman, has been "emboldened" by the relationship he has with US President Donald Trump and his senior adviser and son-in-law Jared Kushner.

This news has coincided with a massive WWE event that is set to take place on 2 November in Saudi Arabia.

Prince Harry and Meghan arrive in Australia for royal tour
MEGHAN Markle is jetting off on her royal tour this week, and is said to be bringing along best friend Jessica Mulroney. The Duke and Duchess of Sussex arrived at Sydney Airport at about 7am on Monday morning on a Qantas flight from London.

He added: "If Khashoggi was harmed, [Trump] will take action".

Threatening to impose economic sanctions and repeating "false accusations" will not undermine the country's standing, said the statement on Saudi Arabia's official press agency, which quoted an "official source". Following a pattern of permissiveness, the Trump administration turned a blind eye to Saudi abuses in Yemen and encouraged the Saudis to-yet again-investigate themselves. But it has rapidly become a vehicle for those firms to express their concerns over Khashoggi's disappearance.

The journalist was once a Saudi government insider, but had gone into self-imposed exile in the US past year. There's now a hold on the munitions kits America wants to send the Saudis and both Republicans and Democrats told CNN they're not really interested in moving forward with the planned sale anytime soon.

"Horrifying things have been reported, and I am horrified".

"I do think that arms sales will be affected".

"If they lured this man into that consulate, they went medieval on him, and he was killed and he was chopped up and they sent a death crew down there to kill him and do all of this, that would be an outrage", Florida Senator Marco Rubio told CNN's State of the Union.

The Saudis have strongly denied any involvement in Khashoggi's disappearance. She said they would have been married this week and had planned a life together split between Istanbul and the U.S., where Khashoggi had been living in self-imposed exile since previous year. The U.S. provides weaponry, intelligence and logistical support for the bombing campaign. Yes, I know it's because of federal law but why? The free market is already reacting to the Khashoggi disappearance with plenty of fury with everyone from Richard Branson to (maybe) WWE deciding to hold off on doing appearances in Saudi Arabia because of the controversy.

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