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Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population combined, according to an Oxfam report published today ahead of the annual gathering of the world’s financial and political elites in Davos.

At the close of the 2015 Spring meetings, Oxfam reacts to the summary of the event.

After ten years of war, Yemen remains the world’s largest humanitarian crisis. Almost 4 million people have been displaced by the fighting and two out of every three people – more than 21 million in total – are in need of humanitarian assistance. We are delivering essential aid but we urgently need your help to do more.

European leaders meeting today to discuss ways of boosting economic growth should press ahead with plans for a financial transaction tax (FTT), Oxfam said.

Oxfam and its humanitarian partners in the Philippines, the Humanitarian Response Consortium, or HRC, have begun an emergency response targeting communities hardest-hit by Typhoon Bopha (known locally as Pablo) on the southern island of Mindanao.

The huge humanitarian response in the aftermath of November’s super typhoon saved thousands of lives but three months on, the poorest coconut farmers, traders and fisherpeople are being left out of the recovery effort.

Africa was cheated out of US$11 billion in 2010 through just one of the tricks used by multinational companies to reduce tax bills, according to new Oxfam report, ‘Africa: Rising for the few,’ released today.

The combined wealth of Nigeria’s five richest men - $29.9 billion - could end extreme poverty in that country according to a new report published by Oxfam today.  

Big food companies have hit a crossroads in their efforts to support a living income for millions of farmers in their global supply chains, and, in many ways, momentum could be slowing.

CEOs of Oxfam together with humanitarian and human rights organizations are appalled by the harrowing developments in Rafah, Gaza’s most populated area where 1.5 million people are sheltering as their last resort - over half a million of them children. If Israel launches its proposed ground offensive, thousands more civilians will be killed and the current trickle of humanitarian aid risks coming to a complete halt.