SYRIA CRISIS APPEAL

Tagged: Financial Transaction Tax

Press Release

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

Press Release
Oxfam activists as G20 leaders pose with Robin Hood. Photo: Delphine Bedel/Oxfam

What should have been a watershed G20 summit for shared global prosperity fell short of its potential – but some of the strongest ideas, especially the Robin Hood Tax, did overcome the opposition of some countries.

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At the 2011 G20 Summit in Cannes, Bill Nighy joined Oxfam and others from around the world to urge leaders there to back a financial transaction (a.k.a. Robin Hood) tax.

Press Release

Aid from rich nations is likely to fall by at least $9.5 billion by the end of 2012 – the biggest drop in aid for 15 years, according to new calculations by international agency Oxfam ahead of this week’s G20 Summit (Nov 3-4).

Press Release

“Food, funds, inequality” issues will test G20 leaders’ ability to transform the global economy. The 2011 G20 Summit could be a watershed for global stability and prosperity if leaders rise above a narrow vision of self-interest and act decisively for the world’s poorest citizens.

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