crisis

Faltering overseas aid figures announced today are depriving poor countries of a massive $18bn worth of life-saving aid, at a time when 64 million more people globally have been pushed into poverty by the financial crisis.

The International Monetary Fund (IMF) board will meet this week [6 April] to discuss how to use the extra $2.8 billion windfall it made from selling 403.3 tons of gold late last year. The windfall profits should be used to cancel the debts of poor countries facing crises outside their control.

The world’s leading economies must act now to stop the price of basic foods from surging further out of the reach of poor people. They must also commit to a Financial Transaction Tax (FTT) to help millions of people hit by the economic crisis and climate change.

“Today President Sarkozy signaled that a number of ‘lead’ countries could forge ahead this year with a tiny levy on financial transactions – a Robin Hood tax – and that he is confident othe

The crisis in Pakistan is far from over and could get worse, international aid agency Oxfam warned today, six months after the nation’s devastating floods.

World leaders have an historic opportunity to reform the global economy to ensure that the one in six people who live in extreme poverty benefit from economic recovery, international agency Oxfam said today ahead of the G20 summit in Seoul.

Ten years after the Millennium Development Goals (MDGs) agreed by world leaders became the greatest-ever commitment for a ‘more peaceful, prosperous and just future', progress is slow and m

The floods that have engulfed Pakistan over the last week are a mega disaster and the world needs to mount a mega response to ensure the millions affected get the help they need, international aid agency Oxfam said today as it called for a “gear shift” in the response to the crisis.

G7 finance ministers meeting in Canada this weekend must agree to a Financial Transaction Tax to leverage billions needed to help poor nations deal with the impact of the global economic crisis.

We're increasing our emergency response in Somalia, providing water, shelter and other aid to thousands fleeing deadly new violence in the country’s capital. War, drought and malnutrition are thrusting Somalia towards even greater catastrophe.