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Rising inequality could set the fight against poverty back by decades, Oxfam warned today as it published a new report showing that the number of billionaires worldwide has more than doubled since the financial crisis. 

Taxes that disproportionately affect ordinary Europeans – consumption and labour taxes – bring in 13 times more revenue than taxes on wealth, which are paid mainly by the super-rich, according to a new analysis by Oxfam. 

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.  

As the devastating impacts of the Covid-19 pandemic on gender inequality became evident, governments and international financial institutions put a large public emphasis on “building back better” for a “resilient and inclusive recovery”. The year 2022 was big for gender at the International Monetary Fund (IMF) and World Bank, the world’s primary wardens of what is considered “sound” development and economic policy. The Bank celebrated the tenth anniversary of its first World Development Report dedicated to…

Communities in the eastern Democratic Republic of Congo are being preyed on mercilessly by rebel groups and local militias, as well as their own government’s troops and officials, in a vicious cycle of exploitation and abuse according to a new Oxfam report.

The international community must urgently change its approach to Gaza and deliver on promises of reconstruction, 46 agencies said today in a new report on the lack of progress since last year's conflict.

A year after all 27 EU countries committed to challenging settlement expansion, forced displacement, and demolition of Palestinian property in an unprecedented Foreign Affairs Council statement, approvals for illegal settlements have increased.

More than 65 per cent of refugees surveyed by Oxfam fear they may not be able to go back to Syria despite desperately wanting to return. There is an urgent need for Geneva peace process to be kick-started as well as improved response from donor countries to UN’s humanitarian appeal.

Tomorrow, Oxfam is hosting a panel event on the EU and the fight against tax havens. The event brings together critical voices directly engaged in the current review process of the EU list of tax havens (EU governments, European Parliament and European Commission) and civil society (activists and journalists) whose work has helped to break the opacity of corporate structures and showcase the impact of tax havens in our societies.   

The hunger crisis in Yemen, which affects almost one out of every two Yemeni citizens, and is putting nearly one million children at risk of severe malnutrition, must be addressed immediately.