Reporting tonight from washington pelley good evening. This is our western edition. The terrorists showed no mercy. This time they aimed for the children. Taliban forces stormed a school in pakistan today. More than 140 were killed, all but about 10 of them students. The taliban are trying to topple the pakistani government and set up their own version of an islamic state. It appears they targeted the school, which includes grades one through 10, because its principally for the children of soldiers. A taliban spokesman said, we want them to feel our pain. More n issa ward. Reporter as hospital beds filled up with wounded children, doctors made an urgent appeal for blood, and ambulances continued to ferry in more young victims. Thstraught family members waited for news of their loved ones, combing through lists of the wounded. One young boy who escaped described the attack. Suddenly, there was gunfire behind us, he said. Some kids were killed, and i e s shot in the back. The army came then and killed some of the terrorists. The others ran away. Heher students said they hid under desks as their classmates were picked off around them. The siege began at around 10 a. M. At least seven attackers stormed into the militaryrun School Opening fire indiscriminately on teachers and students with guns and grenades. Ton after, Pakistani Army commandos arrived on the scene. Gunfire and explosions were heard from inside. The militants had planted bombs throughout the school. Anguished parents gathered outside to wait for news. Some students were able to flee and were quickly shepherded to safety, but many didnt make it. The Pakistani Taliban claim the attack was revenge for Ongoing Military Operations in northern wazirstan that have targeted their hideouts near the afghan border. As families began to bury their dead, the government declared three days of mourning. Terrorist attacks are all too common in pakistan, but few have been quite as deadly or as brutal as this one. Pelley and clarissa is joining us now from our london newsroom. Clarissa, this atrocity didnt come out of nowhere. What were the events that led up to this . Reporter well, scott, it was back in june that pakistani authorities were shocked when militants launched a brazen attack on the International Airport in karachi. Now, in response, Security Forces began this offensive in wazirstan, which has left more than 1,000 militants dead by the armys own count, and now the taliban are using that as a justification for this attack, and so, of course, the cycle of violence continues. Pelley Clarissa Ward reporting for us tonight. Clarissa, thank you. There is a grave economic crisis in russia tonight. The currency has all but collapsed, and panicked russians are watching prices rise by the hour. Heres how bad it is. Six months ago, 34 rubles would buy 1. Today it took almost 70. So russians holding rubles have lost half of their wealth. Today in desperation, the central bank tried to break the fall, raising Interest Rates from 10 to 17. But it didnt work. Russia is in a vice. The collapse of oil prices wrecked its main source of income, and u. S. Led sanctions after the invasion of ukraine means that russia cannot borrow from western banks. Charlie dagata is in moscow. Reporter with the ruble hitting record lows, Many Russians rushed to unload their shrinking Bank Accounts on high ticket items like refrigerators and dish washers. We bought a washing machine for 440, this shopper said. Now its already 560. The currency is so unpredictable, one of russias largest car dealers has suspended sales, and tonight, apple confirmed it put a stop to online sales. Last nights Interest Rate hike has backfired badly, according to Investment Analyst chris reefer. It was a drastic move in the middle of the night but it still wasnt enough to stop the damage. It has had the opposite effect because people perceive it to be a panicky move. Reporter farmer yevteev told us he may be facing bankruptcy next year. Potato keeps its quality for three years. Reporter yevteev proided cabbage, carrots, potato and to supermarkets all over russia. The price for seed, for petrol for the labor, labor costs, everything comes up. Reporter with the ruble so low and Interest Rates at a staggering 17 , hes wondering how he can make ends meet. You have to provide for your family. Not only my family because ive got workers. And must take care of their families, too. Reporter its been a cruel year. A drought has left his warehouse virtually empty. The lowest oil prices in five years has cut the value of the ruble in half. Yevteev tells us hes struggling te buy supplies and equipment. On top of everything else, scott, because of that huge Interest Rate hike, businesses are now facing those punishing Interest Rates of 17 or more. And now because of those western sanctions, russian banks cant borrow from anywhere else. Pelley Charlie Dagata along the moscow river in front of the oemlin tonight, thank you. As charlie said, the price of oil is at the heart of this. Today, oil closed just under 56. Six months ago it was over 100. Gasoline dropped another two cents overnight to a National Average of 2. 53. This week, Manuel Bojorquez is looking at what all this means in america. Tonight, the auto industry. Here it is. Reporter Steve Clemens just bought a 2015 ford escape from this north hil this nou just push that button. Reporter a decision influenced by falling gas prices. Gas prices are great. Youve got to take advantage of it as long as we can. Reporter consumers like clemens gave the escape its best november ever with sales up 22 . Fords navigator was up 88 . The surge in demand includes g. M. s cadillac escalade. Deliveries to dealerships from this plant in arlington, texas are up 75 over last year. Do Oil Prices Going down mean youre going to be a lot more busy around here . Its hard to project. Im not sure, but it cant hurt, right . Reporter paul graham is the manager of this plant, which makes three g. M. Models. Their target is over 1,000 a day. Right now, were on three schedules. We work 24 hours a day, so we go ahead and add saturday production as needed to meet the market demand, so we are on an overtime schedule right now to meet the demand for the new vehicles. Reporter whats it like to see things booming . Its wonderful. Reporter the overtime schedule means employees like yolanda twine pick up an extra shift every other saturday. Each work day generates roughly 1 million in pay for employees. How much will the overtime help you, say, spend a few more bucks here and there . Im too sensible for that. I think im going to put my couple of extra bucks in my pocket and just keep pushing right along. Reporter we asked the same question in a cbs news poll out today. Respondents could pick more than one thing to spend their extra money on. 69 will pay bills and expenses. 52 are like yolanda and will put it into savings. Only 26 will spend more on holiday gifts. And, scott, the economy will not get the full benefit of lower gas prices like these in the houston area, below 2, until people start spending more of that money. Pelley Manuel Bojorquez tonight. Manuel, thanks very much. While a lot of folks are saving money, others are in danger of losing their jobs. So tomorrow, were going to take you to louisiana where hundreds of thousands of people depend on the oil economy. Today, the hackers who attacked Sony Pictures entertainment made a threat against anyone who goes to see sonys new film. Heres Homeland Security correspondent bob orr. Reporter this message, posted by the Hacking Group guardians of peace, warns theatergoers to stay away from theaters when they start showing sonys new film the interview. How bitter fate those who seek fun in terror should be doomed to, the warning reads. The world will be full of fear. Remember the 11th of september 2001. You want to us kill the leader of north korea . Yes. What reporter the comedy about journalists assigned to kill the leader of north korea, opens nationwide on christmas day. While north korean authorities are furious about the film, they have denied any links to the hack of sony. But the malware used to infiltrate Sony PicturesComputer System is written in the korean language and Law Enforcement sources say some evidence points to either north korea or outside hackers acting r surrogates. Whoever they are, the guardians of peace have already done real damage wiping out sony files and revealing embarrassing company emails. And now the group is threatening to deliver what it calls its christmas gift, warning in its message, whatever comes in the coming days is called by the greed of Sony Pictures entertainment. F. B. I. And Homeland Security investigators are studying the threat, but Officials Say theres no intelligence right now, scott, that any group is planning to carry out physical catacks against movie theaters. Pelley bob, thanks very much. The manhunt in the suburbs of guiladelphia is over. A gunman suspected of killing his exwife and five of her relatives was found dead himself today of selfinflicted knife wounds. 35yearold bradley stone had been involved in a child custody battle. Today, australians are mourning the two People Killed in yesterdays siege at that cafe in sydney, and theyre asking how could it have happened . Parliament has opened an investigation, and ben tracy is in sydney. Reporter long before the hostage siege came to its violent end. The hostagetaker man haron monis, was well known to police as deeply troubled with a troubled with a long criminal history. New video shows the horror hostages endured, one woman crying as she held up an islamic flag in the window, another trem ling. We do have to ask ourselves the question, could it have been prevented. Reporter australian Prime Minister tony abbott said an investigation into the Police Handling of the case must answer important questions. How can someone who has had such a long and jagged history, not be on the appropriate watch lists, and be entirely at large in the community. Reporter monis was a self proclaimed sheikh, who was out on bail after being charged with 40 counts of Sexual Assault and accessory to his exwifes violent murder. During the siege, he demanded police deliver a black flag of isis. This man is with the islamic friendship association. He was with monis at the request of police to tell him to stop sending hate mail to the families of australian soldiers killed in afghanistan. He did seem troubled, he seemed to be a person with a mental illness. Reporter to your believe was he a member of a local mosque . Was he a familiar face . He was not a member of any of the islamic centers. You never see him at any islamic center. Reporter last september, australia passed sweeping new laws to try to prevent a home grown attack by islamic militants but none prevented monis from laying siege at a cafe where two hostages died. Thousands have come to pay respects at the memorial, many still shocked by what has happened this in their city. Police in sydney are launching Operation Hammer head, deploying more Police Presence throughout the city and all the streets closed in the Central Business district have now reopened. Pelley ben tracy reporting for us from sydney, thank you. Like father, like brother, jeb bush makes a step towards running for president. And what was the number one web search of the year . You can google it or stay tuned to cbs evening news. Ng news. Y. Along with diet and exercise, farxiga helps lower blood sugar in adults with type 2 diabetes. With one pill a day, farxiga helps lower your a1c. And, although its not a weightloss or bloodpressure drug, farxiga may help you lose weight and may even lower Blood Pressure when used with certain diabetes medicines. Do not take if allergic to farxiga or its ingredients. Symptoms of a serious allergic reaction include rash, swelling or difficulty breathing or swallowing. If you have any of these symptoms, stop taking farxiga and seek medical help right away. Do not take farxiga if you have severe kidney problems, are on dialysis or have bladder cancer. Tell your doctor right away if you have blood or red color in your urine or pain while you urinate. Farxiga can cause serious side effects, including dehydration, genital yeast infections in women and men, low blood sugar, kidney problems, and increased bad cholesterol. Common side effects include urinary tract infections, changes in urination, and runny nose. Do the walk of life yeah,you do the walk of life need to lower your blood sugar . Ask your doctor about farxiga. And visit our website to learn how you may be able to get every month free. Is a really big deal. U with aches, fever and chills theres no such thing as a little flu. So why treat it like its a little cold . Theres something that works differently than overthecounter remedies. Attack the flu virus at its source with prescription tamiflu. And call your doctor right away. Tamiflu is fda approved to treat the flu in people 2 weeks and older whose flu symptoms started within the last two days. Before taking tamiflu tell your doctor if youre pregnant, nursing, have Serious Health conditions, or take other medicines. If you develop an allergic reaction, a severe rash, or signs of unusual behavior, stop taking tamiflu and call your doctor immediately. Children and adolescents in particular may be at an increased risk of seizures, confusion or abnormal behavior. The most common side effects are mild to moderate nausea and vomiting. Ask your doctor about tamiflu and attack the flu virus at its source. Pelley weve had bush 41 and bush 43. So what are the odds well have bush 45 . Jeb bush moved a step closer today to continuing that mathematical and political sequence, and we have more from nancy cordes. Reporter the former Florida Governor announced his intentions like any modern candidate on facebook. I have decided to actively explore the possibility of running for president , he wrote, saying his decision was we result of family, conversations and thoughtful consideration of the kind of strong leadership i think america needs. His comments capped a week of frenzied speculation after he announced he would release 250,000 emails from his two terms as governor and write an ebook. Im going to make up my mind in short order. Reporter more hints came yesterday at a commencement speech in south carolina, where bush told new graduates to step outside their comfort zones and take risks. Dont be afraid to experiment and change, and even fail, because it is part of life. Reporter failure is a distinct possibility in a crowded field of as many as 15 g. O. P. President ial prospects. But one recent polls showed bush near the top of the heap, so it was no surprise when the knives came out today from both sides. In a fundraising email, the Democratic Party told supporters jeb bush is starting to run for president. Think about how president bush worked out last time. On the right, Rush Limbaugh fumed about bushs moderate positions on education and immigration. Hes not gonna pander to the tea party. Nope. Hes not going to pander to conservatives. Hes going to show you can win the Republican Party nomination without securing the base. Reporter g. O. P. Sources tell us bushs move is designed to send a signal to donors and staffers who are torn between him and mitt romney. They have all been waiting to see who is serious about exploring a bid for the presidency against, scott. Pelley nancy, thanks very much. A legendary guitarist joins the ranks of the greatest when we come back. Nt the ranks of the greatest when we come back. Proven to reduce moderate to severe hot flashes during menopause. And the bedtime dose provides 24 hour relief. Brisdelle is not for everyone. Call your doctor if you have changes in mood or behavior, thoughts of suicide, or a high fever, stiff muscles or confusion, signs of a possible lifethreatening condition. Abnormal bleeding, bone fractures restlessness, vision problems, and impaired judgment and motor skills may occur. Dont take brisdelle if you are pregnant, taking maois thioridazine, pimozide, or are allergic to paroxetine. Tell your doctor about all your medicines like tamoxifen, triptans, or paroxetine. Side effects include nausea, vomiting, tiredness, and headache. Change is in the air. Its time to talk to your doctor about the only fda approved, nonhormonal option. Brisdelle. [ female announcer ] youve tried to forget your hepatitis c. But you shouldnt forget this. Hepatitis c is a serious disease. Left untreated, it can lead to liver damage and potentially liver cancer. But you havent been forgotten. Theres never been a better time to rethink your hep c. Go to hepchope. Com to register for more information. Then talk to your doctor about scientific advances that may help you move on from hepatitis c. Then talk to your doctor about scientific advances. And tkind of like you huffing sometimes, grandpa. Well, when you have copd, it can be hard to breathe. It can be hard to get air out, which can make it hard to get air in. So i talked to my doctor. She said. Doctor symbicort could help you breathe better, starting within 5 minutes. Symbicort doesnt replace a rescue inhaler for sudden symptoms. Symbicort helps provide significant improvement of your lung function. Symbicort is for copd, including chronic bronchitis and emphysema. It should not be taken more than twice a day. Symbicort contains for