Tagged: economic crisis
A Eurozone breakup could cost the world’s poorest countries $30 billion in lost trade and foreign investment, international agency Oxfam has warned ahead of the G20 leaders meeting in Mexico to discuss the state of the global economy.
The G20 should take urgent action to protect poor countries from economic crisis that is forcing 100 people-a-minute into poverty, Oxfam said today. Developing countries across the globe are struggling to respond to the global recession.
International agency Oxfam and the Government of Ethiopia signed an agreement in partnership with Oxfam’s Liaison Office on the African Union in Addis Ababa. The agreement marks a new chapter in our relations with the AU.
World trade rules will not be reformed in the interests of poor countries despite this month’s G8+5’s commitment to finalize the stagnant Doha trade talks by 2010.