now at this moment it is calm we can see it is come but maybe less than one hour. i have testified on the home notice and he had lots of bombing in israel and the palestinian people live there the schools to avoid the daily bombing. the bombing is in this community near the schools in the habit and the places and even yesterday be close to our house but the hospital has been damaged. at this moment that it is coming is because we have just because it has been declared that there is a. cease fire between israel and the is that big and that is that he had said we are committed to is there make we are committed to the ceasefire as long as israel is committed but i expect that we will testify and the other is. next friday because according to their granddaughter on the other palestinian

resistance factions they are saying that as long as long as israel is killing the palestinian protesters. an armed protesters near the fence of gaza we will retaliate because the protesters are not. just kill them easily but no military power they have no military power that's why they're retaliate at the israeli can and over the but it disturbs that which means that the . main reason behind this think shoe is the israeli killing of protesters i think that if there is a the killing of palestinian protesters stop we will we will testify longer come this so he could be thanks did something in. a weather update next here on al-jazeera then police in the u.s. charge a man suspected of sending mail bombs to a high profile critics of president trump. on the front runner in brazil's

presidential election is still far ahead of his opponents in the opinion polls but there is some bad news for him we'll tell you. hello again it's good to have you back we're here cross the philippines we are watching a cycle and that is making its way towards the philippines now we're still little bit unsure what that cycling is going to do as we get towards the beginning and towards the middle of the week but as you can see right here on the forecast map it is going to be luzon who is going to be affected by either a landfall or down proximity of a landfall so the heavy rain is going to be of concern across that region until then it is going to be mostly cloudy across much of that area for manila the attempt is going to come down to about thirty degrees and the winds are going to be coming up and out of the north as well by the time we get to tuesday we do expect

to see some rain start to affecting that area as well there where here across australia we do have one big system make its way across the bite towards adelaide you can see all the clouds right there even passing across parts of alice springs now with that we do expect to see a temperature drop here in adelaide coming down to about twenty two melbourne and eighteen there on saturday and then as we go towards sunday those clouds and showers make their way towards the east coast and we do expect to see maybe the possibility of rain in sydney with a touch of you up twenty one degrees and for new zealand it is going to be quite messy over the next few days for christ church look at that very low pressure that is spinning across the region seventy degrees for you there and up towards auckland it is going to be a mostly cloudy day with a temperature of eighteen. on counting the cost the killing of. focus the spotlight on saudi arabia that much power does the kingdom really wield over the global economy we'll look at the oil game plus the dynamic between the world of tech investments and saudi cash.

counting the cost and i'll just see it. again this is al-jazeera the main news this hour saudi arabia says that its will prosecute the suspects in the killing of jamal khashoggi turkey had demanded the extradition of the eighteen men she was killed in the saudi consulate in istanbul saudi arabian foreign minister i don't set the suspects will be prosecuted in saudi

arabia and describe the response to a national cheese murder as hysterical. israeli airstrikes have hit more than eighty locations in gaza which the military says a link to hamas and islamic jihad and israeli spokesman says the rocket fire was launched from gaza late on friday and continued to decisively morning in the last hour islamic jihadist told on syria that it's agreed to hold rocket fire after talks with the gyptian delegation and sri lanka's president has suspended parliament today after some police sacking his prime minister president might support a sort of say no fire drill would come sing on friday and replaced him with the former president but had to rajapaksa the political tool of all to a boil for the collapse of the governing coalition. at least. five people including two police officers have been killed in a suicide bomb attack in central afghanistan a further twelve people were wounded after an attack a blew up a government vehicle in wardak province the explosion happened the main entrance of

a police compound this as voting is underway in kandahar province after parliamentary elections there were pushed back by a week the delay came after a high level afghan general was killed in a taliban attack the day before the polls would you to open the security situation in afghanistan has been tense following last weekend's parliamentary elections that jeep danielle is a writer and political analyst and he says that so far polling in kandahar has been peaceful. election is going on today in kandahar seventeen districts in one seventy polling stations yet know the situation is peaceful. this is the public official is good and did no complaints yet to receive the technical issues publicly. more than expectations. just a happening seven days after the twenty. which to happen in the two provinces in

afghanistan. only. because of the. last week the leadership and the police chief of this is. just sixteen days after. the have i think the other provinces all the the calculation and the counting of the wording process is begin. to be clear with other provinces same is happening in the whole of going to the remaining two candidates in brazil's runoff presidential election has ended campaigning ahead of the vote on sunday for rights presidential candidate jaya both sato has seen his commanding lead over rival for the fall by six percentage points in the last week fanning hopes of a stunning turnaround for the leftist counted as also not has been accused of making sexist racist and homophobic remarks desirous to raise

a bow reports. we're hearing before they've done a deal at an event held by the workers' party on the ad that the workers' party presidential candidate is apparently in northeastern brazil trying to gather as many votes that they can that the stronghold of the workers' party there he attacked john yoo once and i don't think the brazil doesn't deserve a president like him and that he did threat to democracy on the other hand it was not extreme right candidate here in rio de janeiro. he has asked his followers to remain quiet until be election day but he also attacked. that on twitter saying that he's being run by a man that is currently in prison referring to former president we feel right now there's a twelve point difference between both candidates. from fixed point finish the last polled and in the last few days he has moderated in a way his discourse the thing that for example there won't be a war with venezuela that he's ready to work with the united nations in the past he

said that brazil would leave the organization saying that it feels that with communists both candidates were supposed to have a debate this friday but it was canceled because one photo said that he won't attend that this is the first time that something like this happened since brazil returned to democracy in one nine hundred eighty five several thousand migrants and refugees heading north towards the u.s. border have turned down mexico's offer for them to state on friday mexico's president and rico pena nieto announced a plan for those who apply for refugee status in the to some of the most states more than one thousand seven hundred migrants and refugees have already applied but others rejected the offer and said that they'd continue their trek towards the u.s. border. search and rescue efforts are continuing in jordan off to flash flooding killed twenty one people most of the victims were children daily two thousand military rescuers are searching the shores of jordan's dead sea resort area

politicians raise questions about the preparedness national emergency services in coping with the disaster of a serious heart of the reports from the scene. search and rescue operations started after daybreak several people were still missing rescuers shores of the dead sea resort area while. the water but with every hour that passed hopes to find anyone alive became dimmer and we sat patiently staring at the horizon wondering where his son could be. i came here with my six we were having a picnic all of a sudden we saw the floods rushing down my son saw the children in the water they went to rescue them i was swept away to one died two were taken to hospital and one is still missing the count find him anywhere it happened when sudden heavy rains sent water surging from higher grounds in the jordan valley to school children were

at a camping site near some hot springs furder in that range of mountains now they were caught by surprise and the force of the water swept them away over several kilometers according to the civil defense on the valley and some of the bodies were found in the dead sea a bridge that leads to this site with the schoolchildren where when do water started surgeon collapse to so drills were also used to search to rocky slopes and deep canyons surrounding the dead sea. as we've divided the work into tang groups do continue searching drones are also searching searching the show and the mountains. heavy rains and strong winds were expected in the area they had already hit the capital in previous days we did see is an arid region the lowest point on earth at some four hundred thirty meters below sea level and is prone to flash floods to school day trip was initially due to happen in another part of the country it's not clear why plans change to school decided to take to children to do

one area authorities had warned against. by late afternoon still had no news about his son he walked away overwhelmed with grief redemptive hammy edges the to admit that see in jordan. a supporter of donald trump could spend the rest of his life in jail after being accused of sending at least thirteen pipe bombs to high profile critics of the u.s. president says it is facing five federal charges up to being arrested in florida on friday and the f.b.i. warned that they could be more explosive devices able is on the reports from new york. after an intense nationwide manhunt the arrest of a florida man who authorities believe is connected to numerous mail bombs sent to high profile people the past few days these are not hoax devices the suspect cesar say och appeared to be a supporter of president donald trump on the site of

a van connected to him that authorities confiscated were stickers praising the president and other stickers of opposing while makers through the scope of a gun on friday before the suspect was arrested mail bombs were directed at democratic senator cory booker and the former director of national intelligence james clapper previous days mail bombs have been sent to former presidents bill clinton and barack obama as well as prominent trump critics such as george soros actor robert de niro and john brennan the former head of the cia all the devices looked like this but none detonated early friday trump seemed to cast doubt on the seriousness of the bomb threat saying the news coverage of it was taking away from the upcoming congressional midterm elections republicans are doing so well in early voting and at the polls and now this bomb stuff happens and the momentum greatly

slows news not talking politics read part of the tweet democratic lawmaker debbie wasserman schultz who received a pipe. said the president should bear some responsibility when you whip people into a frenzy when you carelessly not think about what the impact of your words particularly at the highest level of office in this country then you are acting growth irresponsibly well i think i've been told that you want to know that i get really close. because you know the media has been extremely unfair to me and the republican party with the pipe bomb suspect now off the streets a sigh of relief that nobody was hurt but still worry that unless the heated political rhetoric is halted next time things could be different gabriel sandow new york the u.k. based charity oxfam is again called on the u.s. the u.k. and other governments to stop supplying arms to saudi arabia it says the weapons

are being used to kill civilians by the saudi and iraqi coalition fighting in yemen oxfam says that one civilian died every three hours since august more than five hundred yemenis were killed in fighting between the coalition and the who the rebels between august first on october fifteenth many blame the war for a cholera epidemic which is killed two thousand people in the past eighteen months yemen's economy has been destroyed with spiraling inflation causing incomes in hoff nearly doubling the cost of feeding a family. russia's president vladimir putin will meet with leaders from france germany and turkey for talks on the syria conflict it's the first summit to bring all four together to try to find a political solution to the seven years of war. a halt to reports from istanbul. istanbul is preparing to host the first of its kind summit on syria in an attempt to find a solution to the conflict now in its east here france and germany members of the

u.s. led small group have agreed to sit down with turkey and russia who lead a different negotiating track the so-called asked in a process the good news and analysis is tricky and russia are portraying this as a win for their diplomacy they brought the e.u. to the table but what contribution europe's powerhouses will make is not clear success of the summit can be measured in many different ways now stemming migrant flows going to be very very important for the e.u. and anything that can build upon the sochi and give more clearer net parameters of the sochi the old making it longer lasting the sochi deal signed with the russian city in september created a demilitarized zone around syria's northwestern province of which is still under rebel control it prevented a syrian government offensive that would have caused a massive refugee problem europe's participation in the summit was dependent on sustaining the cease fire france has warned president if i would reconsider

attending if syria launched an assault on. the situation is live is still very tense and the europeans are very worried that something could happen and they manage to get president putin. stopping assad from any kind of intervention but still there is a concern in europe russia has been trying to get europe to pay for syria's reconstruction arguing that this would facilitate the return of millions of syrians displaced by the war but it seems europe has not changed its position at least not publicly just a. france made clear where it says the international community. in the political process and that the un committee of reforming the syrian constitution. work before the end of the year so far the syrian government is refusing to cooperate u.s. led efforts have been overshadowed by a diplomatic track the asked in

a process that is led by syrian government. and the main backer of the opposition turkey they are the power brokers but they can't shape the political outcome without the international community is very interesting because the united states was. kind of giving a signal. that this summit is important. but rather russia. again. russia and turkey want to talk about rebuilding syria and they want money but that is premature even moscow says any breakthrough during the summit is not expected and the financial commitment from the west is unlikely until world powers agree on a political solution for syria. with

the headlines on saudi arabia's foreign minister says the suspects. will be sent to turkey to be prosecuted turkish prosecutors had requested the extradition of the men. speaking at a security forum in bahrain described the response to the killing hysterical. on the issue of the extradition of the individuals of saudi nationals to detained and sundry big investigation since had to have been and they will be prosecuted in saudi arabia while at the same forum the us defense secretary james mattis said the murder of her show she is undermining regional stability the united states does not tolerate that kind of ruthless action to silence mystica show good journalist through violence violent failure of any one nation to adhere to international norms and the rule of law undermine regional stability at a time when it is needed most as president trump noted we're going to get to the

bottom of it israeli airstrikes have hit more than eighty locations in gaza which the military says are linked to hamas and islamic jihad and israeli spokesman says the rocket fire was launched from gaza late on friday and continued into saturday morning in the last town islamic jihadist holdout as era but it's agreed to hold rocket fire after talks with an egyptian delegation sri lanka's president has suspended parliament a day off to suddenly second his prime minister president once upon a citizen of fired running a week from saying on friday and replaced him with the former president who had the rights of rajapaksa voting is underway in afghanistan's kandahar province off the parliamentary elections that were pushed back by a week the delay came after a high level afghan general was killed in a taliban attack the data for polls would due to open the security situation in afghanistan has been tense following last weekend's parliamentary elections in the us a suspect has been charged with sending mail bombs is

a high profile critics of donald trump says sale quiz arrested in florida on friday but the f.b.i. warned they could be more devices that have not yet been discovered there's the headlines these continuous announces here offset counting the costs next. al jazeera. and. hello i'm sammy's day than this is counting the cost on al-jazeera your weekly look at the world of business in economics this week the killing of a saudi journalist sparks talk of sanctions against saudi arabia will be looking at

how much power the kingdom really wields over the global economy. well look at the oil game saudi arabia brokered to boo that's been in place since the one nine hundred seventy s. find out why using oil as a weapon may not be in saudi's best interests these days. plus why saudi arabia may need places to invest more than the investment world needs now the catch. up until journalists. at the hands of saudi officials on october the second the saudis were on a charm offensive brand new mega-cities investing in the newest and coolest tech startups letting women drive the world's biggest oil exporter was doing everything it could to convince the world it was serious about change and investor confidence was growing this plan for the future was the brainchild of crown prince mohammed bin sound man who was founded as a reformer but then journalist. was killed now saudi arabia and its crown prince

are facing international scrutiny at an investment conference this week the crown prince rejected any idea his economic conditions would be curtailed. i believe the new europe is the middle east. i don't want to leave this life before seeing the middle east at the forefront of the world and it will happen one hundred percent stuff but as things stand saudi arabia is not europe its greatest strength is also its greatest weakness oil saudi arabia is the world's largest exporter of petroleum but there's a huge lack of economic diversity oil sales still generate the bulk of government revenues in the public sector is the predominant employer with fifty one percent of the population under the age of twenty five job creation is an urgent concern the oil production itself is controlled by state owned saudi aramco reportedly the most

profitable company in the world but nobody really knows because despite plans to sell off some of it on public markets the books remain a secret in two thousand and seventeen saudi arabia produced twelve million barrels of oil per day so let's say the kingdom withholds a few million barrels prices would go up but that would hurt the global economy which wants to move away from fossil fuels its biggest customers would look elsewhere for long term supply and it would all end up being an own goal you certainly don't want to destroy your only income before you plan to diversify your economy initially in the wake of the crisis the country had issued a veiled threat that it could use oil to retaliate against any sanctions but then the saudi oil minister stepped in to soothe investors. if. any disruption. which you know from from supplies and especially with

date on sanctions grooming then we will continue with the mindset we have now which is meet any demand that materializes and ensure ensure that customers are satisfied well joining me now from washington d.c. is chris garcia chris is a former deputy director of the u.s. department of commerce and c.e.o. of vic a financial good to have you with us so as we all know saudi arabia is the biggest exporter of oil in the world but in general economic terms how important is the saudi economy to the world sure you know it well it's actually quite important certainly particularly in the short run and this is why when we look at some of the potential retaliation tactics that the saudis have threatened we have to take them seriously the saudis have significant assets they hold probably the third most natural resources with about thirty five trillion dollars worth of natural resources within their territory and if the saudis do make good on this retaliation

threat potentially raising prices by cutting output of oil production raising all prices up to four hundred dollars per barrel from eighty dollars per barrel which is about more than double just about the all time high of two thousand and eight all time high of one hundred fifty dollars per barrel that would have significant reverberations throughout the global economy but chris this is the era of fracking it's the air ovaltine it's of energy sources is saudi oil still as important today as it was during the nine hundred seventy three old crisis for example. well certainly it is important we can't underestimate how important it is and one of the largest or lek spores in the world. you know can have significant influence over the price of oil they've used this in the past as a threat both frankly as a as a carrot as well as well as

a stick when we have implored them to try to reduce. the price of oil they've they've increased output u.s. shale exports and the shale industry has taken off we have seen a boom here in the u.s. and we're now on pace to beat saudi arabia and surpass saudi arabia by city bank's estimates next year as an overall leader in both crude and overall oil product exports but however in the short run that's what we have to be most worried about it's the short run repercussions of the saudis cutting output that would send shock waves throughout the global economy but i would say that that that's leverage it would diminish in the long run unless they diversify as the world continues to diversify itself from its energy resources many analysts say all prices can be a double edged sword can riyadh afford to use oil as a weapon. well yes and no i think

that the much like president trumps tariffs actually there is a short term you know short term pain and but there's also you know long term gain and you know countries will diversify themselves as necessary for example if we were to let's say somehow thwarts here or disrupt this u.s. saudi relationship that we've had for such a long time and let's say this arms deal of one hundred ten billion dollars were to fall through it's very likely that saudi arabia would would try to look for different sources different suppliers for for arms and that would be of course russia or china and so i think there's much too much to lose from any type of disruption with the u.s. saudi relationship not of course not only of course some of the regional stability that we enjoy by having an ally like saudi arabia to help for against terrorist

financing and and support and state support i should say for terrorist organizations but also it's the economic repercussions as well not just of the oil threat threats to cut output an increase in oil prices and that would in turn have the effect on transport of goods that are used that of course use oil products as as a means of of energy but it's also just the overall economic impact that we've seen come out of the trunk of ministrations visit as its first international visit saudi arabia all right thanks so much phil analysis of that. still to come on counting the cast deals or no deals a gathering took place this week to showcase saudi economic reforms we'll take a look at how successful it was after a number of high profile names boycotted the event. but first from riyadh to san francisco hall money from saudi arabia is being

channeled into u.s. space tech startups this way of financing is known as venture capital from saudi's point of view these kinds of investments can hedge against a potential decline in the demand for oil in the future that's because the startups are tipped as having long term growth potential saudi sovereign wealth fund is called the public investment fund it traditionally had a strategy of low risk investments but everything changed in two thousand and sixteen that's when the kingdom sovereign wealth fund invested three point five billion dollars in it was the single largest investment ever made in a privately held company at the time controversially though a ban on women driving was still in place since then the kingdom became the largest investor in the ninety three billion dollars soft bank vision fund which is the biggest fund ever raised in silicon valley led by my so your shoes san japan based soft bank has changed the landscape of venture capital according to some reports

rival venture capital firms warry soft bank could be pushing up valuations and pushing them out of the market but says her show g.'s killing questions about morals and ethics are being raised saudi money could be viewed as a liability by startups and their customers rob reynolds has more on the relationship between rich members of the royal family and silicon valley in california. in the aftermath of the killing of jamal khashoggi at the hands of saudi government agents tech companies and their executives are distancing themselves from saudi investment but how each one of them makes that decision on their own i think is probably driven very much by their own moral conscience but also their understanding that other people are looking at them in their formal leadership positions for cues about what to do right now several tech leaders have already bailed out of crown prince mohammed bin some on's investment conference including google cloud c.e.o. diane green a.o.l.

founder steve case and guber c.e.o. darren shockey who said he was very troubled by reports of cars show g.'s death cause for a shock he's public comments were seen as significant because the saudi wealth fund holds a three and a half billion dollars stake in the right hailing app saudi arabia has also invested heavily in tesla motors door dash the work space company we work and others much of the saudi money is funneled through the japanese bank soft bank the world's largest investment fund so far saudi arabia has put forty five billion dollars into soft bank so-called vision fund and the crown prince says he'd like to double that amount as tech companies recoil from the saudis on ethical grounds it will be difficult if not financially impossible to unravel their saudi tie as

a complex tangle of contract stock preferences and legal obligations tied companies hands in such matters in some ways this case is providing an opportunity for companies to really provide some ethical and moral leadership maybe at a time when they're not seeing or experiencing what they'd like to see from leadership in other sectors silicon valley corporations face a dilemma choosing between an ethical response to a shocking crime and the abundant funding that makes the tech industry flourish. well joining me now from singapore is i mean they i mean it is a jap han stock market strategist with singapore based symmetric advisors good to have you with us so how much damage has the whole affair done to the attractiveness of saudi money in the tech world right now or it's difficult to say the moment but i mean the likelihood is that you know it's going to have some notable impact of on

companies that will accept. the vision fund money. and it also depends on you know either or their. seed as if you like and then whether they were going to continue to stay in the vision fund say you know is it open debate but obviously it's not very good news for in terms of the prospects going forward how important is saudi money how important is vision fund to the tech world was forty five percent of the of the vision funds forty five billion that put in an one hundred billion fund not all the money as been has been invested or i'm not sure if they've managed to raise the full amount as of yet but. as far as saudis. contribution to the first vision fund was supposed to be forty five percent or forty five billion and they were looking to launch another hundred billion fund.

and saudis were going to put another forty five billion another forty five percent down so yes a very very big contributor it's not so easy to find alternatives if they pull out but i don't think saudis will pull out. i think it is in their benefit to to to stay in it and i think the fact that so on sun sun i decided to go to riyadh but not attend the conference i'm pretty sure that's already had the blessings of the saudi government they understand that you know if someone does show up in the conference you know i might send the wrong signals for the vision fund and the saudis on the vision front to succeed will softbank be able low too good to launch another fund for investments in the tech world as was planned. that depends on you know whether the saudis will participate in the future because another said that they want to participate in that another forty five billion dollars to the

second fund. the question is you know if the question is you know would they be able to kind of raise that kind of money without the saudis obvious you'd be a lot more challenging. it's a lot of money. and you know that the size of these funds which of unheard of previously. is what was supposed to give soft bank the vision fund a big kind of advantage strategic advantage because you know they're in a position to basically you know bind size and support these companies not putting pressure on them like perhaps some of the other v.c.s. would. because you know they have some very deep resources has this whole affair made it any harder for soft bank to launch that second fund because of fears of maybe sanctions which you mentioned because for some companies. it being associated with a fund that gets

a lot of money from saudi arabia is not the most positive thing in the world and so on and so forth yes said the answer to your question is yes obviously you know they're going to have a difficult more difficult time. convincing people to take their money. so the answer to that is most probably yes will be more difficult would it be impossible i don't know. but it would be more difficult the other question that you know you have to ask is in a way that the if the saudis did stay in the vision fund one and two let's say will the other. seat is likely to be kind of. shy away from the front so you know there are there are the see there's in the vision fun like apple. and on and some of the big names so potentially you know we might see some of those other see this kind of pull out so you know it's a fluid situation as i said it's not positive but you know from here

it's just mainly spec it speculation to. to assume that you know this is going to impact the vision fund immediately but yeah i mean if this continues if the negativity surrounding saudi money continues then yeah it's going to be more difficult thank you very much for your thoughts on that no problem thank you the future investment initiative conference took place in riyadh this week its purpose to show off the kingdom's investment plans but scores of business and government figures pulled out of the conference amid global outrage over what should g.'s death some finances still went to riyadh though chief executives who did sharping clude patrick prion a of the french oil company total burn smith has more. by the time crown prince mohammed bin solomon turned up at the future investment initiative summit in riyadh a day after it started saudi arabia had already signed deals worth fifty billion

dollars another six billion was added by the time the event closed the murder of jamal khashoggi at the saudi consulate in istanbul cast a dark shadow over the conference but it's not stopped business being done of its people are here now working there still is west representation there are bankers there are people you know investors looking to see business they're just not always up to the highest level as they were last year and it's clear from talking to many of them that some of them are frustrated that their c.e.o.'s and their top executives are pulled out also missing from the summit was senior politicians from mainly western countries who withdrew his outrage over his murder group but there were plenty of others who did attend perhaps not as easily able to resist the financial clout of the world's biggest oil producer there were government delegations from china russia and african and middle eastern countries vision the conference has been solomon's brainchild created to draw investment and

diversification into an oil dependent economy that needs to find new ways to provide millions of jobs and it's those opportunities that attendees couldn't ignore you can't take away decades of collaboration. effect of collaboration. over one incident of course or sconce of quinces fractions and then and then hopefully you can get past those actions the conference was told that multibillion dollar plans include theme parks and red sea tourist resorts saudi arabia says it also wants to offer privatization opportunities in education health care and desalination for mohammed bin solomon it was almost business as usual. well joining me now from london is name as lamb name is chief market analyst with think mark it's good to have you with us so name how much of a dent has the whole affair put on the saudi investment conference overall i would

say that the expectations of what they were before this. this affair they're very different now or saudi officials say they sealed deals worth fifty billion dollars but do we know how much business was lost because of the g. affair for example you know siemens said it alone froze a twenty billion dollars deal. you know there is no question the deals were done. and investors were there entrepreneurs were that there is no doubt about that i think what we are really referring or hair is the level of it on to panesar the sea level executives that were supposed to go there and then the business down on the back of that that would have created some serious headlines because right now they only had a line that we see is that yes one billion worth of a stock selloff. by foreign investors and the other had line that everyone is focused on is that he asked the local investors they also were selling the stock

market in terms of a ryall i think the valuation was nearly about three billion but then some insiders some banking in local introduced were the only one who were buying that i'm glad you mentioned that when you've got a situation in which foreigners foreigners in particular are selling over one billion dollars worth of shares on the saudi stock market i mean how much of a blow is that to a stock market. it has a very detrimental impact on the saudi stock exchange or on the style of saudi financial markets there is no doubt about that let me put things in perspective c.d.s. stands for credit default swaps and we have seen these c.d.s. incredibly increasing so just for the viewers to make this explain it may make this concept a bit easier when the c.d.s. is rising it means the pick the risk on the country is rising enormously and we've seen those colors of shooting right to the upside in comparison to qatar we have

seen that risk declining so for investors that thinking saudi stock market is a highly risky market to be in and what i wanted to point out is a very important element here why the saudi c.d.'s or the risk is increasing at the same time for the insurance of that market abu dhabi's stock exchange we have seen the similar trend as well so the insurance premium for the stock market as anchored quite enormously in the past few days will make pension fund managers though for example any less eager to put their money into how the stocks in the portfolios lake pension funds and big index funds they are very sensitive to these kind of news on an example of that would be google saying no to pentagon that big contract just because the employees started to backlashing they don't want to be

involved or pentagon is involved now we have the same in a sense around the globe where the investors are going to be happy that a k. rather we want to have a saudi money in backing up some new businesses or buy the vive wanted to have a saudi money involved in certain part of the business is that remains to be a question because generally speaking i don't think a lot of investors are feeling comfortable with that idea and if that continues to be the case then of course the that's not going to bring any fruitful results for the saudi market or what about spillover how well integrated is the saudi stock market into the global system. not so much directly if we are talking about this purely from the stock market perspective right because it's only institutional or qualified investors can only participate in that market yes the e.t.f. market is still out there where other investors can perhaps participate but if we

look at the fund flow in those e.t.s. or a non qualified investors or the or the quickly investors of the same criteria can actually invest we are seeing negative fund flow we're still seeing people drawing money out of those e.t.s. rather than putting that money in so i think in a run we are if we are to speaking of the direct correlation of a style the stock market over the over the walled stock market or with other stock market no correlation isn't that great but if we are talking about the commodity aspect or the secret weapons of or oil or anything of that nature then yes the correlation is as strong as it can be all right now i must i'm going to talk to thank you and that's our show for this week about remember you can get in touch with us via twitter use the hash tag eight days easy see when you do all proper so the e-mail counting the cost of al-jazeera dot net is our address there's more for

you online to around zero dot com slash c.t.c. that will take you straight to our page which has individual sports links and entire episodes to catch up on. that sir for this edition of counting the cost time sam is a than from the whole team thanks for joining us news and al-jazeera is next. november on al-jazeera radicalized youth a new hard hitting series comes face to face with the hatred and violence of militant groups that attract young people around the world on november fifth the u.s. will impose additional sanctions on iran targeting the oil sites out we'll look at the impact that may have when migrant lives are in danger and see who should come to their aid people in power investigates the united states is getting ready for the u.s. midterm elections on november sixth join us for live coverage and analysis and

a listening post continues to examine global media coverage and look behind the headlines november on al-jazeera. the first century. u.s. citizens obstructed from saving their families as the crisis in yemen worsens some have fled the horror of war only to be entangled in bureaucratic limbo with their lives and dreams of a future with on the. phone lines explores the old two wheel

effects of trumps immigration policies. between warring on the back on a. al-jazeera . where every. this is al-jazeera. hello and welcome i'm peter wu watching the news our live from our headquarters

here in doha coming up in the next sixty minutes saudi arabia's foreign minister says the suspects in the jamal shakti killing will be prosecuted in the kingdom despite an extradition request from turkey. israel launches air strikes and dozens of targets in gaza after it says rockets were fired into southern israel. sri lanka's president has suspended the parliament today after sacking the prime minister in a surprise move. and voters in afghanistan's kandahar province go to the polls a week later than the rest of the country because of security concerns. saudi arabia says it will prosecute the suspects in the killing of jamal khashoggi despite turkey's demand that the eighteen men be extradited to face just as their

the murder of journalist fiance has told a turkish t.v. network that he felt assured entering the saudi consulate a teacher gingers says he didn't think saudi arabia would dare to question or arrest him in a foreign country shall stratford starts our coverage he's on this is a journey. to what happened on october the second says the turkish t.v. graphic walt with their last words together why was she worried. gave her first t.v. interview since her fiance was killed in the saudi consulate on october the second . and you can argue much that he was very happy indeed on the basis that he was writing them because his close friends including other journalists on intellectuals are now in prison so there was a certain moral responsibility he had to take on used to say the fact that i'm in america isn't just about me writing for the washington post i'm writing things my

friends on table two in terms of details there was little in the interview we don't already know heidi she did mention that although they were both nervous about her show she's appointment on october the second she said that he had told her the consulate staff had treated him well during a previous visit on september the twenty eight so by winning because shorties confidence had a trap being set. it's been more than three weeks since jamal khashoggi was last seen alive and turkish president rajiv tiber to want is ratcheting up the pressure at a meeting with ruling party members he said he believed that at least someone among the eighteen men arrested in saudi arabia implicated in the killing of to show must know where the body is he mocked and sweat and the saudi leadership blaming them so he says for not cooperating with the investigation enough to be enemies the bush

got of course there's other information and evidence we're holding that will be used when the time comes but no need to rush because saudi officials have to say who killed. they made certain announcements which gave us considerable concern their explanations were quite comical but childish excuses do not befit a responsible state or responsible statesmanship. the saudi prosecution said on thursday that on the basis of information shared by the turks it is now investigating. the saudis say they don't know where these body is and insists the crown prince muhammad bin solomon had no role in his death saudi arabia's chief prosecutor is jew in turkey on sunday but on friday evening off the president had repeatedly called for saudi suspects to be tried in turkey the country's justice ministry submitted an extradition request to saudi arabia for the eighteen arrested men the senior turkish officials told down to zero this was requested

because jamal khashoggi was murdered in turkey by saudi nationals who travel to turkey for this specific purpose in his speech earlier earlier ones message was clear he said if you can't make them talk then send them to turkey and we will put them on trial here charles stuff that al-jazeera is stumble. well the saudi foreign minister. made those comments about the her shirt she case at a security summit in bahrain where he called the global reaction to the murder hysterical we have saudi law enforcement people working with her turkish friends to uncover the facts this issue has become fairly hysterical i think people have assigned blame on saudi arabia was such certainty before the investigation is complete we have made it very clear that we are in going to have a full and transparent investigation the results of which will be released we have

made it very clear that those responsible will be held responsible and will be held to account and we have made it very clear that we will put in place mechanisms to ensure that this doesn't happen again live now to ankara and our correspondents you know i'm concerned. this idea that they won't be extradited to turkey one assumes that six actually what mr erdogan does not want to have to deal with. yes exactly peter because don has been stressing that those people should be sent to turkey as even the crime was committed inside the saudi territory in the general consulate building it's still turkey and because it was a premeditated murder and because those fifteen people who are directly linked with the officers and even crown prince private office carrying some of them carrying diplomatic passports were directly in a world in this crime that's why turkey has been asking for their extradition to be it to try them according to turkish law and for

a more fair and transparent trial process and by the way i have to underline that until there was the news that the saudi prosecutor was about to come to turkey to morrow turkey heard nothing about the ongoing investigation about that regarding the crime committed by those fifteen eighteen people so turkey turkey actually had no corporation maybe that's why turkish officials have been complaining for the complaining about the reluctancy of the saudi officials sometimes in a direct way sometimes in an indirect way but we are expecting president add on to speak soon in a couple of hours during get summits related to syria in istanbul and the foreign ministry told me that it will be the president who will be giving the answer to this to this decline to the turkish who cares for their extradition is there any chance to be things that mr erdogan might accept the idea of these individuals

being taken to a third country not someplace else. well of course better you know international law and international diplomacy is totally different than what we perform what people perform in their own countries there are matters like it whether there is there is a deal of extradition between saudi arabia and turkey and as far as i know the saudi arabia doesn't have any international agreement with any country for four x. so the shin so it might also be a solution thinking in considering that the president are gone sad. sorry i'm so sorry turkey's foreign minister said a couple of days ago turkey doesn't have the intention to carry this file up to international criminal court but if there is an initiative by the international community international n.g.o.s are human rights organizations to carry this. defile to an international level then turkey would be willing to cooperate and

share every evidence that they have of course these are all they are these are the options that are being discussed by the end of this right now but for now until now we haven't heard from neither the foreign ministry nor depressed and see about this latest comment by mr to perry thanks very much well the u.s. defense secretary says. threatens regional stability across the middle east when people can speak and be heard calling for peace and for respect for all the terrorist vestige of hatred and violence is not embrace with our collective interest in peace and unwavering respect for human rights in mind the murder of a more in a diplomatic facility much concern as great as u.s. secretary of state pompei oh she dated the united states does not tolerate this

kind of ruthless action to silence mystica show good journalist through violence. vite the failure of any one nation to adhere to international norms and the rule of law undermine regional stability at a time when it is needed most as president trump noted we're going to get to the bottom of it let's wrap up some of the top stories for you we will return to the events in turkey of course a little later israel launching airstrikes hitting more than eighty locations in gaza after says rockets were fired from there into southern israel the israelis say the targets are linked to hamas and islamic jihad the general security headquarters of hamas was among those locations to be hit an israeli spokesman says rocket fire was launched from gaza late on friday and continued into saturday morning islamic jihad has told al jazeera it's agreed to stop rocket fire after talks with an egyptian delegation sami abu salim is a member of the palestinian journalist syndicate who says there is a potential for

a longer troops if israel stops killing protesters in gaza. palestinian people live their schools to avoid the daily bombing. that there is any bombing is in this going to be near the schools then the out of habit than places and even yesterday the close to a hospital and the hospital has been damaged or at this moment there is calmness but i expect that we will testify on other skelly cian next friday because according to islamic jihad or any other palestinian resistance factions there they are saying that as long as israel is killing their parasail an unarmed protesters near their fence of gaza we will retaliate because that brought their services are not armed and there is a dislike both kill them easily but normal military power they have normally thought about well that's why they're retaliate and there is a ticking over there but if this which means that their main reason behind this

things you is there is that eighty killing of protesters i think that if there is a big killing of a palestinian brought this stop we will we with this if i longer can this the flare up of violence came just hours after at least five palestinians were killed by israeli forces during friday's protest at the gaza border fence that had been demonstrations along the fence every week since late march since then israeli forces have killed at least two hundred seven protesters nearly all good sniper fire palestinians want the right to return to their ancestral homeland benjamin netanyahu has made the first official visit to oman by an israeli leader in twenty four years it's a sign of warming ties between the two countries sparked renewed hope for talks on ending the israeli palestinian conflict mohammed reports just two days after palestinian president mahmoud i best made it three day trip to

on men.