The US conducted air strikes against two Iran-linked sites in Syria on Sunday in response to attacks on American personnel, Defence Secretary Lloyd Austin said.
This is the third such strike since October 27 and comes in response to dozens of attacks on US and coalition forces in Iraq and Syria, which have increased in tempo since the start of the Israel-Gaza war.
“US military forces conducted precision strikes today on facilities in eastern Syria used by Iran's Islamic Revolutionary Guard Corps and Iran-affiliated groups in response to continued attacks against US personnel in Iraq and Syria,” Mr Austin said in a statement.
“The strikes were conducted against a training facility and a safe house near the cities of Abu Kamal and Mayadin, respectively.”
On November 8, a pair of US F-15 fighter jets destroyed an Iran-supported weapons storage depot in north-eastern Syria, the Pentagon said.
Those strikes followed the October 27 bombardment of two sites in eastern Syria used by the IRGC.
The Pentagon did not immediately release more details on Sunday's strikes.
The US is trying to contain the Israel-Gaza war and has been reluctant to draw too strong a connection between Israel's military assault on the Gaza Strip and the increased hostilities from Iran-backed groups.
But since mid-October, there have been more than 40 attacks in Iraq and Syria on American and coalition forces.
President Joe Biden “has no higher priority than the safety of US personnel, and he directed today’s action to make clear that the United States will defend itself, its personnel and its interests", Mr Austin said.
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
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Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
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Tips from the expert
Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.
- Sellers should focus on providing high-quality used goods at attractive prices to buyers.
- It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
- Try to advertise a realistic price to attract buyers looking for good deals, especially in the current environment where consumers are significantly more price-sensitive.
- Be creative and look around your home for valuable items that you no longer need but might be useful to others.