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A new era of high and volatile food prices is causing life-changing shifts in society, according to Oxfam and the Institute of Development Studies (IDS) in a joint report published today.

Income inequality is high or increasing in 60 percent (64 out of 106) of low- and middle-income countries receiving grants or loans from the International Monetary Fund (IMF) and World Bank, reveals new Oxfam analysis ahead of the 2024 Spring Meetings in Washington D.C. Countries with high levels of income inequality have Gini coefficients above 0.4, the warning level set by the United Nations.

Wealthy nations representing just 13 percent of the world’s population have already cornered more than half (51 percent) of the promised doses of leading COVID-19 vaccine candidates, Oxfam warned today as the health and finance ministers of G20 countries meet to discuss the global pandemic. 

Wealthy nations are expected to fall up to $75 billion short of fulfilling their long-standing pledge to mobilize $100 billion each year from 2020 to 2025 to help the most vulnerable countries adapt to the dangerous effects of climate change and reduce their emissions, according to estimates by Oxfam today.

A new Oxfam report today says that as many as 11 people are likely dying of hunger and malnutrition each minute. This is more than the current global death rate of COVID-19, which is around seven people per minute. The report, ‘says that conflict remains the primary cause of hunger since the pandemic, pushing over half a million people into famine-like conditions ―a six-fold increase since 2020.

This paper looks at donor contributions to the 2020 Yemen Humanitarian Response Plan to date. Using a methodology based on the relative global share of Gross National Income for high-income countries, it examines whether these countries are doing their ‘fair share’ in funding the response to the crisis in Yemen.

The COVID-19 pandemic and the Thai government’s immediate responses have significantly affected workers and small-scale producers in the seafood sector. This briefing note identifies these impacts, offers reflections on the remaining challenges and further measures to support small-scale producers and workers during the ongoing pandemic.

The European Union, which holds eight seats out of twenty four on the International Monetary Fund (IMF) board, has made an offer to rotate some of their IMF board seats with middle-income countries

Failure of the UK and EU countries to agree to TRIPS waiver costs lives and undermines the credibility and future of WTO. 17.5 million people have died from COVID-19 in the 20 months since WTO talks about relaxing COVID-19 intellectual property (IP) rules began - the equivalent of nearly 30,000 people a day, said campaigners from Oxfam and the People’s Vaccine Alliance today ahead of the World Trade Organisation (WTO) Ministerial.

More than 140 former heads of state and government and Nobel laureates today called on the candidates to be the next German chancellor Annalena Baerbock, Olaf Scholz, and Armin Laschet to declare themselves in favour of waiving intellectual property rules for COVID-19 vaccines and transferring vaccine technologies, and “to make these the policies of any future coalition government”.