>> A joint Turkish-Saudi Arabia team will search the Saudi Consulate in Istanbul Monday. The site of a suspected murder and epicenter of an international diplomatic dispute. Jamal Khashoggi disappeared after entering the building. Turkey maintains the Saudi critic was murdered inside, something the kingdom denies. The two countries are now working together.
And Saudi king Salman has also ordered an internal investigation. On Monday, US President Trump tweeted he'd spoken with the Saudi king and was sending Secretary of State Pompeo to meet him. The case has provoked an international out cry. Trump had threatened severe punishment if it turns out Khashoggi was killed.
Saudi said it would retaliate to any sanctions with even greater action. Major business leaders continue to pull out of an influential conference in Riyadh next month.>>
>> Dealing a blow to the powerful crown prince's ambitions for economic reform. Although JP Morgan and Ford haven't officially confirmed why they will not attend, it could add pressure to other US firms.
Many news organizations have already abandoned the event. The Saudi Riyal is the weakest it's been since June 2017, and the fallout is also being felt in global markets. Stocks in Europe dropped to a 22 month low Monday, blamed on tension between Saudi and the West.