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The $8.42 trillion promised by rich country governments to bailout banks would be enough to end global extreme poverty for 50 years and a massive step towards ending it forever.

Thirty-two of the world’s largest companies stand to see their profits jump by $109 billion more in 2020 as the Covid-19 pandemic lays bare an economic model that delivers profits for the wealthiest on the back of the poorest, according to a new Oxfam report today.

Europe is facing unacceptable levels of poverty and inequality. This briefing paper reviews the current situation and presents recommendations to help put an end to poverty and extreme inequality in Europe.

On the eve of the G8 Summit, international agency Oxfam called on world leaders heading to Camp David to make predictable, measureable funding and policy commitments that will help 50 million people lift themselves out of poverty through sustainable, small-scale agriculture by 2015.

Oxfam has made a submission to the International Monetary Fund (IMF) on its 2011 review of the conditions it attaches to its loans.

European states insisting on emerging countries providing their ‘fair share’ while continuously failing to reach their own aid targets is a backward step. 

International agency Oxfam today welcomed the announcement by the UN Secretary General to create a global Zero Hunger Challenge to eliminate hunger and ensure that everyone everywhere has enough to eat while living within the earth’s limits.

International aid agency Oxfam today releases a digital edition of its report Growing a Better Future: Food justice in a resource constrained world, to coincide with the beginning of ‘GROW Week’ – a week of activism highlighting the world’s broken food system.

EU governments are losing out on a staggering 286.5 billion euros in revenue annually, equivalent to 33 million euros per hour, due to their failure to fairly tax Europe’s wealthiest. This amount, equivalent to Finland’s GDP, represents what a European wealth tax of up to 5 percent could raise every year, according to Oxfam’s analysis. 

Africa’s remarkable growth, driven in large part by a minerals and energy boom, is threatened by illicit capital outflows and widening income gaps.