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More developing countries are set to become involved in reforming the global tax system in an effort to ensure that multinational corporations are taxed where their real economic activities take place.

This year’s G20 Summit will raise the stakes for the group to prove itself against growing doubts about its effectiveness – not least for people living in poverty, says Oxfam.

The world’s 2,153 billionaires have more wealth than the 4.6 billion people who make up 60 percent of the planet’s population, reveals a new report from Oxfam today ahead of the World Economic Forum (WEF) in Davos, Switzerland.

A draft document entitled “A Common Vision for the World Bank Group”, which will be discussed

Ahead of the Annual Meetings, international agency Oxfam urged the World Bank to sharpen and swiftly move forward on the new strategy to end poverty by 2030 and boost shared prosperity.

Oxfam warns that in spite of the advances made in the last decade, Latin America and the Caribbean remains the region of highest wealth inequality in the world. Its elites continue to accumulate extreme wealth and excessive power.

The UN Committee on World Food Security (CFS) has delivered solid guidance and important recommendations that governments must now follow through with action.

Despite being largely virtual, this year’s UN General Assembly opening week will remain a vital convening space where leaders and civil society can jointly discuss and tackle some of the gravest issues we face today.

In the last year extreme weather events shocked global markets contributing to soaring wheat prices and imperiling food security in many parts of the world, according to research compiled by Oxfam at the start of the Durban climate talks.

In response to the Forbes Rich List published today, which reveals there are now a record 1,826 billionaires in the world worth $7.05 trillion, Nick Bryer, Oxfam's Head of UK Policy, Programs and Campaigns said:“This is yet more evidence that the very few at the top are coining it in. At the other end of the scale there are nearly a billion people who go to bed hungry every night. Such extreme…