I think. Investors drop saudi stocks in light of the caution case and the last of the big Foreign Companies pulls out of a key Investment Summit in riyadh officials are scrambling. Just one notch above junk status a Credit Ratings downgrade for italy but other markets actually worry. Joe kayser the c. E. O. Of german industrial giant siemens announced today that hell pull out of the davos in the desert now thats the massive Investor Conference set to begin this week in riyadh move may not be a surprise in the wake of the suspected murder of journalist jamal shogi but for kaiser and his company its not an easy one. Preparations are well underway the mood though is muted said his future Investment Initiative a conference known by some as davos and the desert kicks off in riyadh on tuesday
but the number of participants is dwindling delicious Business Leader to pull out at the event is this man seaman c. E. O. Joe kayser he announced his withdrawal following pressure to respond to allegat
office so you you guys know what it s like to be the target of a leader or a system that s trying to misuse information. first of all i think it s fair to say that we didn t have proof that that person was funded by russia it was assumptions of people ahead but i think there are obviously two different roles you have one on a personal level it s not nice but you become as threatened by these things and nothing anyone would lie to to say i appreciate that but on a professional level i think it underlines but that we had really hit on something that s relevant because usually if you if you report on something that s not relevant you do not cause these kind of reactions right mike the reactions that mr jamal shogi. you know some would say calls i mean ultimately he had to be dead to die some would say because he was so vocal in his criticism of the royal family in saudi arabia now we ve got the u.s.
i think. investors drop saudi stocks in light of the caution case and the last of the big foreign companies pulls out of a key investment summit in riyadh officials are scrambling. just one notch above junk status a credit ratings downgrade for italy but other markets actually worry. joe kayser the c.e.o. of german industrial giant siemens announced today that he ll pull out of the davos in the desert now that s the massive investor conference set to begin this week in riyadh move may not be a surprise in the wake of the suspected murder of journalist jamal shogi but for kaiser and his company it s not an easy one. preparations are well underway the mood though is muted said his future investment initiative a conference known by some as davos and the desert kicks off in riyadh on tuesday