The World in Brief from The Economist

Warner Bros Discovery’s board rejected a hostile $108bn takeover bid from Paramount, warning shareholders that it imposed “significant risks”.

Donald Trump ordered a “complete blockade” of oil tankers under sanctions that enter or leave Venezuela. Also, Britain’s annual inflation rate fell from 3.6% to 3.2% in November, according to the Office for National Statistics.

America’s economy added 64,000 jobs in November, while the unemployment rate rose to 4.6%, the highest in over four years, up from 4.4% in September.

America’s economy added 64,000 jobs in November, while the unemployment rate rose to 4.6%, the highest in over four years, up from 4.4% in September.

American and European officials agreed in principle to offer Ukraine NATO-like security guarantees. Also, Australian officials said that the two gunmen responsible for the attack in Bondi Beach were inspired by Islamic State.

Friedrich Merz, Germany’s chancellor, said there was a “real chance” of peace in Ukraine, following a second day of negotiations in Berlin between officials from Ukraine, America and Europe.

Friedrich Merz, Germany’s chancellor, said there was a “real chance” of peace in Ukraine, following a second day of negotiations in Berlin between officials from Ukraine, America and Europe.

Australian authorities promised to review the country’s gun laws and do more to fight antisemitism after a mass shooting on Sunday. Also, Hong Kong’s most famous media mogul and prisoner was found guilty of conspiracy to commit foreign collusion and sedition.