SoftBank's deep ties with Saudi Arabia are making investors nervous

Brian Snyder  ReutersSen. Jeff Flake speaks at the Institute of Politics at Saint Anselm College in Manchester N.H. Oct. 1 2018

Brian Snyder ReutersSen. Jeff Flake speaks at the Institute of Politics at Saint Anselm College in Manchester N.H. Oct. 1 2018

Turkish officials say they have audio and video recordings that show a Saudi security team detained Mr Khashoggi in the consulate before killing him and dismembering his body, the Post has reported.

The action of the japanese SoftBank Group has dropped of 7.26% on Monday, closing on the Tokyo stock Exchange, due to concerns related to the financial relations between this behemoth of the telecoms and Saudi Arabia, involved in the case of the disappearance of a journalist of saudi arabia.

Citing an "official source", the kingdom's press agency said that that it will not succumb to any political or economical pressures and nothing can as such can harm the economical position of the kingdom.

Describing the disappearance as a "terrible thing", Trump said the U.S. would find out what happened to Khashoggi.

In an interview scheduled to air today, Mr Trump told CBS' 60 Minutes that Saudi Arabia would face strong consequences if involved in Mr Khashoggi's disappearance.

The journalist Jamal Khashoggi entered the Saudi consulate in Istanbul on October 3 and has gone missing since.

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But the oil-rich kingdom has found itself threatened with "severe punishment" by USA president Donald Trump over the disappearance this month of Jamal Khashoggi, a journalist critical of Saudi authorities.

"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". Britain, France and Germany also said on Sunday they were demanding a "credible investigation". "Because of the leadership, because of the location, because of the people in the kingdom, we can make it happen". "From where we sit, we don't see any demand for Saudi equities at all". However, a column published in English a short time later by the general manager of the Saudi-owned Al-Arabiya satellite news network suggested Saudi Arabia could use its oil production as a weapon.

Several individuals and major businesses have distanced themselves from Saudi Arabia and Crown Prince Mohammed Bin Salman, further isolating the Middle East powerhouse that vehemently denies involvement in Khashoggi's alleged murder.

"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".

Turkish officials have expressed frustration at the Saudis' level of cooperation, having still not been allowed access to the consulate building, despite promises.

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