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New Oxfam report "Reaching Tipping Point" says retreating glaciers and more extreme weather could dangerously erode food security, livelihoods and even regional stability by 2050 in Tajikistan.

The G20 should take urgent action to protect poor countries from economic crisis that is forcing 100 people-a-minute into poverty, Oxfam said today. Developing countries across the globe are struggling to respond to the global recession.

If Europe were to rule out its support of biofuels by 2020, the region could lower its net imports of grain and oilseeds by up to 27 million tons, remarkably reducing its dependence on foreign goods. Global food prices could also drop significantly.

Today, EU leaders met in Brussels to discuss the implications of the Ukraine war on food security. In response, Hanna Saarinen, Oxfam EU food expert said:  “EU leaders must learn from this moment. Only by taking a step back and looking at the bigger picture, can they avoid copy-pasting the same policies which led to the food price crisis of 2007-2008, and which have led to the one the world faces today.  

The IPCC Working Group II report released today

In response to World Bank President Jim Yong Kim’s speech at George Washington University: "

Over a quarter of a billion more people could crash into extreme levels of poverty in 2022 because of COVID-19, rising global inequality and the shock of food price rises supercharged by the war in Ukraine, reveals a new Oxfam brief today. 

722 of the world’s biggest corporations together raked in over $1 trillion in windfall profits each year for the past two years amid soaring prices and interest rates, while billions of people are having to cut back or go hungry. 

In a puzzling move, inequality was not on the agenda at the International Monetary Fund’s Press Briefing in the Peruvian capital today, while World Bank President Jim Kim said TPP could boost growth.

As the G8 Summit comes to a close, international agency Oxfam criticized the leaders for their failure to deliver on their promises and for trying to divert attention by cobbling together a small initiative for maternal and child health.