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

World War 3: Donald Trump vows ‘severe punishment’ if Saudi Arabia murdered journalist

According to the kingdom's official SPA news agency, Riyadh said it would retaliate in case any possible economic sanctions were adopted by other states over the case of Khashoggi in what has been seen as an allusion to calls on the USA administration to revoke its hefty arms deals with Saudi Arabia.

Mr. Khashoggi, a columnist for The Washington Post, has not been seen since October 2, when he walked into the Saudi consulate in Istanbul, Turkey.

United Kingdom foreign secretary Jeremy Hunt told Saudi Arabia Britain wants urgent answers over the reporter's disappearance.

Turkey believes Khashoggi was deliberately killed in the consulate and his body removed.

But the President all but ruled out cancelling US$110 billion in United States arms sales to Saudi Arabia, arguing that doing so would be "very foolish for our country" and only end up harming U.S. defence industries and others. It comes as one of the first signs of the economic pain that Riyadh could suffer over the suspected murder.

Prince Mohammed, King Salman's son, has aggressively pitched the kingdom as a destination for foreign investment.

The German, French and British foreign ministers said in a joint statement Sunday that defending freedom of expression and ensuring protection for journalists are key priorities and that they are "treating this incident with the utmost seriousness".

Khashoggi's disappearance has already led to many media organizations withdrawing from an upcoming high-profile investment conference in Riyadh, including CNN, CNBC, The New York Times, and The Financial Times.

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".

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Dimon follows almost a dozen other executives from the technology, media and entertainment industries who have backed out of the Future Investment Initiative conference, nicknamed "Davos in the Desert".

"If he makes a genuine contribution to the efforts to reveal what happened inside the Saudi consulate in Istanbul that day, I will consider accepting his invitation". The Wall Street Journal reported that Dimon has backed out.

Turkish officials have said they have audio and video that proves Khashoggi was murdered inside the Saudi Consulate in Istanbul earlier this month. The screening comes after Saudi Arabia lifted a 35-year ban on movies in April when they screened Black Panther.

Ford Motor Co. confirms that Executive Chairman Bill Ford will not attend.

Saudi Arabia on Sunday said it rejected any threats or attempts to undermine the kingdom over missing journalist Jamal Khashoggi. "I don't think any of our government officials should be going and pretending it's business as usual until we know what's happened here".

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

The statement came hours after Saudi Arabia's state-run Saudi Press Agency hit back at the growing chorus of global voices threatening punishment if the Saudi state is found with blood on its hands.

Kudlow, director of the National Economic Council, told ABC News Chief Anchor George Stephanopoulos on "This Week" Sunday that Mnuchin told him Saturday night he intends to go on the trip to the Future Investment Initiative, also known as "Davos in the Desert", "because of the importance of the issue of ending terrorist financing".

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