losses

European shares fell further Monday as oil prices surged toward $120 a barrel, deepening inflation fears and rattling risk appetite amid the US-Israeli war on Iran, which shows no sign of easing. The latest bout of volatility underscored the market’s sensitivity to energy shocks and supply disruptions tied to the conflict in the Middle East. London’s benchmark slipped 1% in afternoon trade, while the Paris CAC 40 lost 1.7% and Frankfurt’s DAX dropped 1.4%. Dublin’s market fell 1.3%, with Kingspan, Cairn Homes and Ryanair…

South Africa has declared the current foot-and-mouth disease outbreak a national disaster and will vaccinate 14 million cattle, President Cyril Ramaphosa announced, as the country confronts one of the worst outbreaks on record. "We have classified foot-and-mouth disease as a national disaster and will be mobilising all necessary capabilities within the state to deal with this crisis," Ramaphosa said, confirming the extensive vaccination campaign that authorities plan to roll out. The president's declaration elevates the…

Minnesota charges eight in alleged Medicaid housing fraud as state moves to reboot troubled program Federal prosecutors in Minnesota have charged eight people with orchestrating more than $8 million in alleged wire fraud tied to the state’s Housing Stabilization Services program, a Medicaid benefit intended to keep disabled and elderly residents housed. The indictments, announced Thursday in Minneapolis, mark what prosecutors called the “first wave” in a widening probe into a program that ballooned far beyond its original…

Al-Shabaab militants suffer huge losses in Somalia's Jubaland MOGADISHU, Somalia - Jubaland security forces repelled an al-Shabaab attack over the weekend, in what could be one of the most gradual gains for regional security officers in recent months, giving hope in the fight against the militants. According to military sources, the militants were preparing an assault on Kudha in the Lower Juba…