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New figures from the Peoples Vaccine Alliance reveal that the companies behind two of the most successful COVID vaccines – Pfizer, BioNTech and Moderna – are making combined profits of $65,000 every minute. The figures based on the latest company reports are released as CEOs from pharmaceutical industry meet for the annual STAT summit —the equivalent of a ‘Big Pharma Davos’— from 16-18 November.

The coronavirus pandemic is leaving a trail of devastation in low-income countries. This briefing aims to shine a light on the debt owed to private creditors by five African countries: Ghana, Kenya, Nigeria, Senegal and Zambia. It outlines the steps which the G20 needs to take immediately to avert further economic chaos. 

Oxfam cautioned that the maternal and child health effort announced on Friday seems yet another empty G8 promise, given that the overall aid pie is shrinking.

In Mali, French aid aims to build the technical capacity of Malian administrations to collect tax by fighting against fraud and tax evasion. However, collecting more domestic resources alone will not be sufficient to reduce poverty. France must support watch-dog organizations to ensure greater transparency and accountability on the use of these resources for the benefit of the poorest.

In an increasingly unequal world, advancing gender equality is fundamental to tackling inequality and poverty. Feminist aid has the potential to challenge us to rethink how aid is delivered and to truly transform systems of unequal power.

The EU is a group of rich countries characterized by high incomes, stable institutions, and home to 342 billionaires. 

The BRICSAMIT have come to be considered the economic powerhouses of recent decades. Not only have these countries managed to reduce poverty but today, all eight BRICSAMIT countries occupy the top ranks as some of the most unequal countries in the world.

The G20 leaders’ summit has made welcome progress in tackling the refugee crisis while also taking tentative steps towards addressing the gap between rich and poor. However, the G20 has done little to build momentum toward an ambitious climate deal.

Asia’s economic success has been paid for by poor women, who work long hours for poverty pay and do the majority of unpaid care work, according to a new report by Oxfam today.

The EU Council meets Thursday 25 to discuss the European-wide scarcity of COVID-19 vaccines that is sparking a dispute between European countries and the UK. The People’s Vaccine Alliance, supported by more than 50 organisations worldwide, is campaigning for free vaccines for all people around the world. It has spokespeople available for interview.