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Billionaire fortunes have grown at a rate three times faster than the previous five years since the election of Donald Trump in November 2024. While US billionaires have seen the sharpest growth in their fortunes, billionaires in the rest of the world have also seen double digit increases. 

Inequality is spiralling out of control, but consensus on how to address it is gathering pace. Following on from the success of last year’s symposium about Africa’s extractives industry and illicit financial flows, Oxfam and the University of Oxford are coming together again to examine the causes and consequences of uneven economic growth and rising inequality in the global South, while assessing policy solutions and charting a way forward for equity, democracy and social stability.

The EU’s new global investment and development strategy, the Global Gateway, risks diverting the aid budget to big business, a new report by Counter Balance, Eurodad and Oxfam reveals. “Who profits from the Global Gateway? The EU’s new strategy for development cooperation” finds that over 60 percent of projects analysed benefit at least one European company. 

International agency Oxfam will start distributing 400 tons of rice seeds in six rural municipalities south of Tacloban today (Thursday 12 December) to help farmers win their 'race against time' to avoid missing the next growing season.

Latest estimates indicate that household food stocks in and around Gao will only last few weeks.

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.

Somalia’s financial lifeline remains under threat as banks in US, UK, Australia, and elsewhere have broken ties with the money transfer operators that make remittances possible, NGOs warn.

Unaccountable government is a substantial obstacle to development.

This joint agency paper presents research conducted among women and men small business owners in central and northern Jordan on the challenges they face. It aims to contribute to the economic self-reliance, resilience and stability of Syrian refugees and vulnerable host communities in Jordan.

Zimbabwe has declared a 'state of disaster' regarding drought in the country that has been triggered by El Nino. With one in five Zimbabweans facing food struggles, Oxfam says this could shock the international community into action.