Saudi stock market falls for fear of sanctions over Khashoggi
Posted by Josh Taylor / October 17, 2018
Most of the world believes that the Saudi Arabian government orchestrated the alleged torture and murder of journalist Jamal Khashoggi. This widely-held international opinion has led to fears that Saudi Arabia will be slammed with sanctions by countries, and many big-named businesses have already severed ties with the country. As a result, “The main stock market index in Riyadh fell as much as 7% on Sunday and billions of dollars were wiped off the value of leading Saudi companies. The index recovered some ground later to close 3.5% down.”
Full story at CNN.
More news.
Comments are off for this post.