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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.

Reacting to the draft G20 communiqué circulating on Monday 17th, Oxfam spokesperson Carlos Zarco said:

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.

Ahead of the G20 Summit in Rome, Italy, Oxfam calls on G20 leaders to take urgent action to dramatically scale up manufacturing and access to COVID-19 vaccines around the world, promote a fair economic recovery, fight hunger, lower dangerous greenhouse gas emissions, and help the poorest countries adapt to the climate change already happening.

Launched in Brussels on 19th May, this year’s flagship AidWatch report entitled 'Challenging self-interest: Getting EU aid fit for the fight against poverty' says that aid is becoming increasingly dictated by domestic political agendas.

The 2009 overseas aid figures released today by the OECD show that rich countries are failing to deliver on their promises to poorer countries. The amount of aid has fallen by $3.5 billion when compared with last year’s prices.

Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population combined, according to an Oxfam report published today ahead of the annual gathering of the world’s financial and political elites in Davos.

Rising inequality could set the fight against poverty back by decades, Oxfam warned today as it published a new report showing that the number of billionaires worldwide has more than doubled since the financial crisis.