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Elise Ford, Head of Oxfam’s EU office, said:

Developing countries have been hit with an endless tide of inadequate gestures and broken promises from rich countries and pharmaceutical companies, who are failing to deliver billions of doses they promised while blocking the real solutions to vaccine inequality, according to a new report published today by the People’s Vaccine Alliance. 

Africa was cheated out of US$11 billion in 2010 through just one of the tricks used by multinational companies to reduce tax bills, according to new Oxfam report, ‘Africa: Rising for the few,’ released today.

“People have become complacent about COVID-19. Our global (health) funds are fast running out of money. Vaccine inequity is getting worse,” said former UK prime minister Gordon Brown today. 

Over 1,000 health professionals from 66 countries have signed a letter urging the G20 to cancel the debt of developing countries, ahead of tomorrow’s extraordinary G20 Finance Ministers meeting.

While the United States faces the deepest economic downturn since the Great Depression because of COVID-19, a subset of corporations is reaping dramatic profits that are flowing to their already wealthy, mostly white male shareholders, further exacerbating existing inequalities, according to a new analysis released by Oxfam today.

International development organizations Oxfam, Plan, Eurodad and Concern Worldwide called today on EU leaders, meeting tomorrow for the first time to examine Europe’s role as a global power, to shift gear in their response to Pakistan.

Faltering overseas aid figures announced today are depriving poor countries of a massive $18bn worth of life-saving aid, at a time when 64 million more people globally have been pushed into poverty by the financial crisis.

In reaction to the announcement by the Saudi coalition of a ceasefire in Yemen, Muhsin Siddiquey, Oxfam Yemen Country Director, said : "The announcement from the Saudi-led coalition that it will be laying down arms is a welcome move that offers Yemen a chance to avert a fresh disaster.  

The Coronavirus crisis could result in a catastrophic loss of life in poorer countries and push half a billion more people into poverty. This week, the G20 finance ministers, the IMF and the World Bank can offer an instant lifeline – by cancelling all external debt payments for 2020. This could save $40 billion immediately and support almost 500 million of the world’s poorest to survive this crisis.