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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…

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."

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

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 …

Amidst the ongoing crisis on both sides of the Myanmar-Bangladesh border, Rohingya women are actively supporting their rights and wellbeing, and those of their families and communities. However, their efforts are going unrecognized by those involved in delivering humanitarian assistance and developing political solutions to the crisis. This must change.

The G20 must scrap their most damaging biofuel policies and demand more open information about food stocks as part of urgent measures needed to tackle global food price volatility.