The Economist

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This is the world in brief from The Economist.

Our top stories. Russia launched a large aerial attack on Ukraine.

Drones and missile strikes reportedly killed six people in Kiev, the capital, and two in Kornemorsk.

Ukraine launched its own attack on the Russian port of Novorosk, forcing its oil depot to suspend exports.

Oil prices rose by more than 2% in response.

It is the latest of many Ukrainian attacks on Russia's energy infrastructure.

America's Justice Department will investigate several Democrats, including former President

Bill Clinton, for their alleged involvement with Jeffrey Epstein, a deceased sex offender.

This week, Democrats published emails from Epstein's estate that suggested

Donald Trump spent time with one of Epstein's victims. In response, Republicans released 20,000

more documents. Mr. Trump and Mr. Clinton have denied knowledge of Epstein's sex trafficking.

Britain's finance minister has reportedly decided not to raise income tax in her budget on November 26th.

Rachel Reeves had previously indicated her willingness to break a Labour Party manifesto pledge not to raise such taxes.

The news comes after a week of turmoil within the party.

British bonds fell, with yields of 10-year bonds rising by as much as 0.13 percentage points.

Switzerland said it had reached a deal with America to lower the tariff rate on its exports from 39% to 15%.

In exchange, Swiss companies promised to invest around $200 billion in America over the next three years.

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