TV News LIES

Wednesday, Oct 28th

Last update03:59:36 AM GMT

You are here News International Saudi summit in crisis as Khashoggi case prompts mass withdrawals

Saudi summit in crisis as Khashoggi case prompts mass withdrawals

E-mail Print PDF
Corporations withdraw from Saudi Summit

A high-profile investment summit in Riyadh later this month is rapidly becoming a fiasco as prominent businesses and media groups have pulled out over Saudi Arabia’s alleged involvement in the disappearance and possible murder of the journalist Jamal Khashoggi.

The president of the World Bank, Jim Yong Kim, said he would not be attending, and the Financial Times, Bloomberg, CNN and CNBC have withdrawn as media sponsors.

The world’s business elite were due to attend the Future Investment Initiative (FII), which begins in the Saudi capital on 23 October. However, some of the companies involved say they are withdrawing pending the outcome of investigations into Khashoggi’s disappearance, while others have pulled out unconditionally.

Saudi Arabia’s ambitious Vision 2030 project – the brainchild of the kingdom’s de facto ruler, Crown Prince Mohammed bin Salman – is strongly dependent on overseas investment, and the apparent shunning of the prestigious FII conference will be as disturbing to Saudi policymakers as the more distant threat of a US-imposed ban on arms sales.

More...


Most Recent Related Stories...


France and Germany thrust into lockdown as second COVID-19 wave sweeps Europe

France under lockdownFrench President Emmanuel Macron and German Chancellor Angela Merkel ordered their countries back into lockdown on...

Russia Poses Greater Election Threat Than Iran, Many U.S. Officials Say

Election workers in FloridaWhile senior Trump administration officials said this week that Iran has been actively interfering in the...

Pope Francis names Washington Archbishop Wilton Gregory first African American cardinal

Wilton Gregory is first African American CardinalPope Francis on Sunday named the archbishop of Washington, Wilton Gregory, a cardinal, making him the...

Pope Francis Calls For Same-Sex Civil Union Law In New Documentary

Pope Francis Pope Francis has called for legislation to protect same-sex couples, according to comments he made in...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!