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Saudi stock market falls for fear of sanctions over Khashoggi

Posted by / 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.

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