Oxfam International announced today the appointment of Amitabh Behar as its new Executive Director. Behar is a global civil society leader, with three decades of experience and extensive work on human rights, economic inequalities, governance accountability, philanthropy, democracy and social justice.
The world spent yearly an estimated $112 billion on arms imports between 2018-2022, even as 9,000 people die each day from hunger driven primarily by conflict. The top five-arms exporters – the USA, Russia, France, China and Germany - which account for over three-quarters of the global arms trade, together sold an estimated $85 billion worth of arms yearly.
Today, 26 EU leaders agreed on a revision to the EU’s long-term budget, with one EU country blocking the agreement. If confirmed in the new year, the deal would slash the new funding for external action proposed by the European Commission and supported by the European Parliament by prioritizing investment in migration management instead.
Responding to the Intergovernmental Panel on Climate Change’s Working Group I contribution to the Sixth Assessment Report, Oxfam Climate Policy Lead Nafkote Dabi said: “Amid a world in parts burning, in parts drowning and in parts starving, the IPCC today tables the most compelling wake-up call yet for global industry to switch from oil, gas and coal to renewables."
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In January alone, billionaire wealth surged by $314 billion ―around $10 billion a day. This is more than the combined wealth of the 2.8 billion people who make up the poorest third of humanity.
Billionaire wealth grew by $2 trillion in 2024 alone, equivalent to roughly $5.7 billion a day, at a rate three times faster than the year before. An average of nearly four new billionaires were minted every week. Meanwhile, the number of people living in poverty has barely changed since 1990, according to World Bank data.
The world’s biggest aid donor, the European Union, was sidelined at the High Level Forum on Aid Effectiveness taking place in Busan, South Korea from 29 November – 1 December.
The European Parliament voted today on a resolution on the Arms Trade Treaty (ATT) that will be negotiated at a major UN conference in New York on 2 – 27 July.
The first anniversary of the European External Action Service (EEAS) finds the European Union (EU) in the midst of a financial and identity crisis that has precipitated Europe’s ongoing dec