Riyadh threatens retaliation for 'actions' against it over missing journalist

Saudi Arabia's shares plunged as much as 7 percent on Sunday as investors anxious about deteriorating relations with the worldwide community after the disappearance of Saudi journalist Jamal Khashoggi.

Sen. Bob Corker, R-Tenn., who as chairman of the Senate Foreign Relations Committee has reviewed the USA intelligence into what happened to Khashoggi, has said, "The likelihood is he was killed on the day he walked into the consulate".

The Sunday statement by France, Germany and the United Kingdom said the countries "encourage joint Saudi-Turkish efforts" and "expect the Saudi government to provide a complete and detailed response".

Trump declined to provide an example of an action he was considering taking to punish Saudi Arabia, saying only that "there are many things we could do".

"The kingdom affirms its total rejection of any threats and attempts to undermine it, whether by threatening to impose economic sanctions, using political pressures or repeating false accusations", the statement said.

On Sunday, the Saudi Embassy followed up by writing on Twitter: "The Kingdom of Saudi Arabia extends...appreciation to all, including the USA administration, for refraining from jumping to conclusions on the ongoing investigation".

A senior member of Saudi Arabia's ruling family, Prince Khaled al-Faisal, has met Turkey's President Tayyip Erdogan to discuss Khashoggi's disappearance, two sources with knowledge of the matter told Reuters without providing details of the talks.

US President Donald Trump vowed "severe punishment" for Saudi Arabia if the United States determines that Saudi agents killed Washington Post columnist Jamal Khashoggi, calling the journalist's suspected murder "really bad and disgusting".

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

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On Saturday a Turkish newspaper claimed officials had an audio recording of Khashoggi being tortured and killed.

The Europeans' statement comes after US President Donald Trump promised "severe punishment" for Saudi Arabia if it turned out Mr Khashoggi was killed in the consulate.

"His voice and his ideas will reverberate, from Turkey to Saudi Arabia, and across the world".

"What has been circulating about orders to kill (Khashoggi) are lies and baseless allegations against the government of the kingdom, which is committed to its principles, rules and traditions and is in compliance with global laws and conventions", Prince Abdulaziz said.

Reports suggest an assault and struggle took place in the consulate after Mr Khashoggi entered the building to get some documents.

Of course, Congress could have something to say about what might happen between the USA and Saudi Arabia. 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. "From the standpoint of jobs, economic development, a lot of other reasons, I would like to do something where we could maybe look at other things [than canceling the deal]". "I think we would've known by now". After the bus bombing, which killed 40 young boys, MbS was reported to have said in a meeting with military brass, "we want to leave a big impact on the consciousness of Yemeni generations".

Kudlow calls the U.S.

As for the Saudi-Turkey investigation into Khashoggi, I expect it to go along national lines.

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