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G20 countries are the biggest losers when US multinationals avoid paying taxes where they do business. This is the main finding of a new report on the global tax system, ‘Still Broken,’ released by the Tax Justice Network, Oxfam, Global Alliance for Tax Justice and Public Services International today.Overall it is estimated that, in order to reduce their tax bills, US multinationals shifted between $500 and 700 billion—a quarter of their annual profits—out of the United States, Germany, the United Kingdom and elsewhere to a handful of countries including the Netherlands, Luxembourg…

The first case of the new coronavirus in Greece’s biggest refugee camp highlights the need for immediate and radical changes from the Greek government and its EU partners to the reception of people seeking asylum in Europe.

Monday's UN summit on Refugees and Migrants in New York is likely to fall far short of what is needed to address the global displacement crisis or protect people on the move.

Europe’s 20 biggest banks are registering over a quarter of their profits in tax havens – well out of proportion to the level of real economic activity that occurs there, according to a new report by Oxfam and the Fair Finance Guide International today.

Rohingya refugees interviewed by Oxfam in Bangladesh say they will not go back to Myanmar until their safety can be guaranteed and they have equal rights, including being able to work and travel freely.

Governments must take five immediate steps to stop corporations and the super-rich cheating poor countries out of over $170 billion in tax revenues every year, said Oxfam today in the wake of the Paradise Papers leak.Oxfam’s new briefing paper, ‘…

Under this new proposal, companies’ profits and their ability to shift them offshore will barely be affected and consequently developing countries will only see a very small increase in their corporate tax revenues. 

As Yemen enters its eighth year of conflict, the country remains one of the world’s worst humanitarian crises. More than two thirds of the population – over 23 million people – need humanitarian assistance. Millions of Yemenis' lives have been shattered as they face a collapsing economy marked by rounds of currency depreciation and lost livelihoods, a fuel crisis, and destroyed vital infrastructure, dramatic hikes in the prices of essential commodities like food, fuel, and medicine, along with non-existent or irregular payment of public wages.  This is pushing more and more people into extreme levels of hunger. The severe funding shortfall for the humanitarian response has further burdened the Yemeni people – right now, Yemen is the least funded response globally.   

Despite commitment to end AIDS, the US government is introducing stronger intellectual property rules through trade agreements and bilateral pressure that will undermine the fight against AIDS by devastating the ability of developing countries to access affordable anti-retroviral medicines.

Voluntary approaches to increasing transparent and accountable management of natural resources wealth are making sluggish progress. The Extractive Industry Transparency Initiative must put in place additional mandatory disclosure rules.