Crown Prince Mohammed bin Salman, one of the sons of the current Saudi King, appeared at the much touted international finance meeting in Riyadh, Saudi Arabia. he arrived in the afternoon and sat next to King Abdullah II of Jordan. Later he walked among attendees with Prince Al Waleed bin Talal, the billionaire Saudi investor who was imprisoned last year by the Prince and forced to give up financial gains accumulated over many years of business activities. We now know through the efforts of President Erdogan of Turkey that the Prince was involved in the operation that involved the murder of Saudi national Jamal Khashoggi in the Saudi consulate in Istanbul on October 2nd. The fallout of this event follows the Crown Prince wherever he goes. US Treasury Secretary who attended the event, stated that the investigation will continue with Saudi Arabia and Turkey taking the lead role. The cloud hanging over the Saudi government will further damage an already shaky reputation not just in the Middle East but in the financial world where Saudi oil dominates many economic systems.
US Secretary of State Mike Pompeo stated that action has been taken against 21 Saudi officials believed connected to the murder in Istanbul. In addition to visa restrictions, other actions are involved against those involved. The Saudis included those from intelligence services, the royal court, the foreign ministry, and other departments in the government.
Meanwhile, the price of oil has dropped significantly across the world.
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