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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.

The International Monetary Fund’s (IMF) gold holdings have increased in value by $19.3 billion since the start of the global coronavirus pandemic, said Oxfam today. 

Inequality has increased in 14 of the 18 G20 countries since 1990 as economic growth has too often failed to benefit poor people.

The Government of Guatemala has recognized three commitments to the communities evicted from Polochic Valley. The campaign organized by Oxfam and Vamos al Grano has generated 107,000 signatures in support of the cause.

A group of economists, activists, politicians and millionaires from seven countries across Europe today registered a ‘European Citizens’ Initiative’ (ECI) calling on the European Union (EU) to adopt a permanent annual wealth tax on Europe’s biggest fortunes to raise revenue to reduce poverty and inequality both at home and in poorer countries, and to tackle the climate crisis.