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US, Russia sign memo on safe flight operations over Syria

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Washington: The Pentagon said that the US and Russia signed a memorandum of understanding on safe flight operations over Syria as they carry out separate airstrikes against militant groups in the country.

“Senior officials from the department of defense and the Russian ministry of defense signed a Memorandum of Understanding (MoU) regarding measures to minimize the risk of in-flight incidents between coalition and Russian aircrafts operating in Syrian airspace,” said Pentagon spokesman Peter Cook here on Tuesday at a briefing.

According to Cook, specific safety protocols were established for air crews of both sides to follow, including the use of specific communication frequencies and the establishment of a communication line on the ground, Xinhua reported.

The US and Russian militaries would also form a working group to discuss any implementation issues that would follow, added Cook.

The two countries reached agreement on air safety in Syria 10 days after US and Russian aircrafts came within visual range of each other during a mission.

To avoid an inadvertent clash in Syrian airspace during their airstrike’s against the extremist group-the Islamic State (IS), the US and Russia started their latest round of military contacts early this month after a long hiatus due to rivalry on the Ukraine crisis.

(IANS)

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US Dollar Rose up Amid Economic Data

Meanwhile, the more stable four-week moving average was 220,750, a decrease of 1,000 from the previous week's unrevised average of 221,750

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US Dollar Image, pixabay

The US dollar rose slightly amid strong economic data.

In late New York trading on Thursday, the euro was down to $1.1390 from $1.1398 in the previous session, and the British pound rose to $1.2987 from $1.2870 in the previous session, Xinhua news agency reported.

The Australian dollar increased to $0.7200 from $0.7176.

The dollar index, which measures the greenback against six major peers, rose 0.01 per cent at 96.0658 in late trading.

The US dollar bought 109.03 Japanese yen, lower than 109.37 Japanese yen of the previous session.
US dollar edges up amid economic data., Pixabay

The US dollar bought 109.26 Japanese yen, higher than 108.92 Japanese yen of the previous session. The US dollar increased to 0.9937 Swiss franc from 0.9906 Swiss franc, and it rose to 1.3266 Canadian dollars from 1.3249 Canadian dollars.

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In the week ending January 12, the advance figure for US initial jobless claims, a rough measure of layoffs, was 213,000, down 3,000 from the previous week’s unrevised level, the Department of Labor reported on Thursday. The reading was lower than market consensus.

Meanwhile, the more stable four-week moving average was 220,750, a decrease of 1,000 from the previous week’s unrevised average of 221,750. (IANS)