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The richest 1 percent have more wealth than the bottom 95 percent of the world’s population put together, new Oxfam analysis of UBS data reveals today ahead of the annual UN High-Level General Debate. 

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. 

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…

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 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.

Settlement expansion, enabled by discriminatory restrictions on Palestinians in the Jordan Valley, is destroying the viability of a future Palestinian state, a new report by Oxfam said today.

Millions of people in eastern Democratic Republic of Congo are now at the mercy of militias as the country's long-running conflict descends into widespread lawlessness with killing, kidnapping and abuse against the population at alarming levels.

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.

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.