Saudi Arabia warned Sunday it will respond to any "threats" against it as its stock market plunged following U.S. President Donald Trump's warning of "severe punishment" over the disappearance of Washington Post contributor Jamal Khashoggi. Trump made a point of visiting the kingdom on his first overseas trip as president and has touted arms sales to Saudi Arabia. In an interview to be aired Sunday, Trump told CBS' 60 Minutes that the consequences of Saudi Arabia being involved would be "severe." Saudi officials had no immediate comment on the stock sell-off, though state television aired an interview with an analyst who blamed it on weaker markets in the U.S. Trump also said "we would be punishing ourselves" by cancelling arms sales to Saudi Arabia, which his administration touted on his first overseas trip.

Source: CBC News October 14, 2018 09:22 UTC