Search results

Billionaire wealth has risen three times faster in 2024 than in 2023. At least five trillionaires are now expected within a decade. Meanwhile, the number of people living in poverty has barely changed since 1990. Inequality is out of control.

Oxfam's verdict on the World Bank and International Monetary Fund Annual Meetings. 

Wealthy elites have co-opted political power to rig the rules of the economic game, undermining democracy and creating a world where the 85 richest people own the wealth of half of the world’s population, worldwide development organization Oxfam warns in a report published today. 

G20 Finance Ministers are expected to give the green light to a new round of negotiations on international tax reforms at a meeting in Fukuoka, Japan on 8 - 9 June 2019.

Between 7,000 to as many as 21,000 people are likely dying each day from hunger in countries impacted by conflict, according to a new Oxfam report published on World Food Day.

Land eight times the size of the UK was sold off globally in the last decade, enough to grow food for a billion people, or the equivalent to the number of people who go hungry in the world today.

When the G20 meets in Seoul in November 2010, it has a big choice to make.

Last year poor people around the world endured the consequences of the food and energy price crisis.

Oxfam’s Nicolas Mombrial said:

Responding to the G7 communiqué published today, Oxfam International’s Head of Inequality Policy Max Lawson, said: “Talking about taxing the super-rich for the first time in their 50-year history was the thin silver lining in a big black cloud of G7 failure for people living in poverty.”