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Onus of incorporating strong rules to limit speculation on food commodities into Markets in Financial Instruments Directive (MiFID) now lies with Member States

Oxfam welcomed today’s vote by European Parliamentarians in support of a strong European Financial Transaction Tax (FTT) covering all instruments (shares, bonds and derivatives), as put forward by

Governments tried to further water down an already weak legislative proposal, Oxfam said in response to the EU finance ministers’ failure to agree on new measures against corporate tax dodging.

The India climate action plan for Paris announced today contains the headline pledge to cut the carbon intensity of its economy by 33-35% by 2030. 

The European Commission, Parliament and member states agreed on rules to ban unfair trading practices in the EU food supply chain, which will help end the human suffering behind our food.

Oxfam hailed today’s ruling against mining company OceanaGold, which effectively ended the company’s lawsuit against El Salvador for not granting it a mining permit.

On the eve of the G8 Summit, international agency Oxfam called on world leaders heading to Camp David to make predictable, measureable funding and policy commitments that will help 50 million people lift themselves out of poverty through sustainable, small-scale agriculture by 2015.

Pharmaceutical giant Novartis is back in court this week, in a renewed attempt to block India’s right to produce affordable ‘generic’ versions of the company’s branded medicines.

Banks in France, Germany, Austria and the United Kingdom have pulled back from speculative trading in agricultural commodities, a controversial practice that Oxfam opposes because it is associated with food price volatility.

Australia’s big four banks are backing companies accused of kicking people off their land, leaving them homeless and hungry, Oxfam Australia said today.