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"The selection of David Malpass as the US nominee for World Bank president is concerning. Mr. Malpass has yet to demonstrate his commitment and vision for addressing many of the great global challenges of our time," said Nadia Daar, Head of Oxfam International’s Washington Office, in reaction to President Trump’s reported selection of David Malpass as the US nominee for World Bank president.

We are living through an unprecedented moment of multiple crises. Tens of millions more people are facing hunger. Hundreds of millions more face impossible rises in the cost of basic goods or heating their homes.

International development cooperation has consistently been an integral component of the European Union's foreign policy. Like diplomacy, development cooperation is a means to foster stability, security and prosperity for all in an increasingly interconnected world. The COVID-19 pandemic, the climate crisis and the ripple effects of Russia’s full-scale invasion in Ukraine have underscored our global interdependence and the imperative for international collaboration, investment, and partnerships that promote equitable development globally while safeguarding the long-term interests of the EU and its citizens.  

The International Monetary Fund (IMF) today publishes a major new report on global corporate taxation: “Spillov

Oxfam dismissed claims by the government of Bermuda that there are serial errors in the agency's report on the world’s worst tax havens today.  The UK overseas territory earned the top spot in Oxfam's list of corporate tax havens because of its corporate income tax rate of zero percent and its lack of enthusiasm for international cooperation against tax avoidance. In 2012, US multinational corporations reported more profits in Bermuda than in Japan, China, Germany and France combined.Esme Berkhout, tax policy advisor for Oxfam said:“Bermuda’s claim that Oxfam’s…

Eight of ten Europeans say laws need to change to clamp down on the use of tax havens, a poll published on Tuesday shows.

In reaction to the coronavirus pandemic reaching 1 million confirmed cases, Oxfam interim Executive Director Chema Vera, said today: "This is a grim milestone that must spur the international community to take immediate action. We must tackle this pandemic with single-minded determination, and as one."

Today marks a historic day in Somalia, as parliament elected Hassan Sheikh Mohamud, as the country's new president.

Reacting to remarks by new World Bank President Jim Yong Kim at the Brookings Institution in Washington today, Oxfam spokesperson Elizabeth Stuart said: 

 Commenting on the publication of the …