Saudis reject threats as stocks plunge after Trump comments:
Saudi Arabia warned on Sunday that it will respond to threats and political pressure with tough measures of its own after President Donald Trump said the oil-rich kingdom deserves “severe punishment” if responsible for the disappearance and suspected murder of Washington Post contributor Jamal Khashoggi.
The apparent threat of economic retaliation from the world’s top oil exporter came after a turbulent day on the Saudi stock exchange, which plunged as much as 7 percent at one point.
The statement was issued as international concern grew over the writer who vanished on a visit to the Saudi Consulate in Istanbul over a week ago. American lawmakers have threated sanctions against the Saudis, and Germany, France and Britain jointly called on Sunday for a “credible investigation” into Khashoggi’s disappearance.
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