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The Netherlands, Ireland, Luxembourg and Cyprus are among the world’s 15 worst corporate tax havens, according to new Oxfam research published today. The report ‘Tax Battles’ reveals a global race to the bottom on corporate tax that is starving countries out of billions of dollars needed to tackle poverty and inequality.

2010 saw Europe missing their poverty targets and today Heads of State compounded this by failing to put new commitments on the table to achieve their 2015 aid targets and keep their promises to the world’s poorest people.

Today European leaders met in Brussels to agree an EU climate and energy package up until 2030.Leaders decided to curb C02 emissions by at least 40%, increase the amount of renewable energy in the mix to at least 27%, and set a non-binding target to reduce energy demand by at least 27%. In response to the announcement of the deal, Natalia Alonso, Oxfam’s Deputy Director of Advocacy…

EU finance ministers have today adopted the first EU blacklist of tax havens. The list includes 17 mostly small countries. The EU has also published an additional grey list of countries that currently qualify as tax havens, but have promised reforms.Reacting to the news, Aurore Chardonnet, Oxfam EU policy advisor on inequality and tax, said:“It is disturbing to see mostly small countries on the EU blacklist, while the most notorious tax havens got away on the ‘grey list’.“It seems the EU’s pressure has obliged some of the most notorious tax havens like…

The global repercussions of the Ukraine crisis ―already being felt in fast-rising food, commodity and energy prices― could undermine official aid efforts to help people in other humanitarian hot-spots. 

A coalition of NGOs has welcomed the European Parliament's vote to increase humanitarian and development aid in the EU budget 2018, but call on the EU to ensure aid money really goes to those who need it most.

$200bn could mean the difference between success and failure in Copenhagen, as the UN climate summit begins in the city today. The Summit marks the culmination of two years of international negotiations on a deal to prevent catastrophic climate change.

Food prices are a matter of life and death to many in the developing world.

Plans for next year's EU budget mean that not the actual needs of people in developing countries will be addressed, but money will be spent on border security to stop migration, Oxfam deplores.

Transfer of weapons to Syria likely to spell further disaster for civilians caught in the crossfire, and fuel deadly arms race