The global economy is broken. 8 billionaires own the same wealth as half the world’s population. Meanwhile, every day 1 in 9 people go to bed hungry. It doesn’t have to be this way. We can choose another future. Join us and demand an economy that works for everyone and not just the few. Share this video and sign the petition.
To save and protect lives, governments worldwide must act together and responsibly. Add your voice, join the movement and sign the petition now!
Millions of people are being forced from their homes, risking everything to escape conflict, disaster, poverty or hunger. From those fleeing the war in Syria or climate change-induced droughts, to those stranded in inadequate conditions in Europe, you can help us give life-saving support to refugees in the countries where they need it most.
With no end in sight to the conflict in Syria, hundreds of thousands of people are living in desperate conditions and exposed to continuing violence. Today, half the pre-conflict population of 22 million Syrians have fled their homes and more than 13.5 million people urgently need your help.
It is shameful to see European banks again involved in a major global money laundering scandal.
Today the European Commission released its fourth package to combat tax evasion and tax avoidance. This corporate tax reform package notably includes a proposal to harmonize the tax base among EU 28 member states. Oxfam supports the ongoing efforts of the European Commission to reopen discussions on tax base harmonization and to push ahead in the fight against tax avoidance.
47 economists and experts from across Japan, including Iwahito Katsui, renowned economist and professor emeritus at Tokyo University, have come together to urge the Japanese government to take a lead on tackling tax havens at the G7 Leaders Summit.
Latin America and the Caribbean (LAC) is still the most unequal region in the world, despite economic growth and the reduction of both poverty and inequality over the last decade.
Inequality in Africa is rising to dangerous levels and unless checked will undermine the usefulness of economic growth on the continent.
Following Oxfam’s January report revealing that just 85 people owned the same wealth as the bottom half the world’s population, Forbes has updated its “billionaires' list”, showing that extreme inequality has worsened– just 67 people at the top now own half the wealth.
Oxfam warns that in spite of the advances made in the last decade, Latin America and the Caribbean remains the region of highest wealth inequality in the world. Its elites continue to accumulate extreme wealth and excessive power.
Sweeping measures to improve transparency and governance are urgently needed to end a scandal that has seen Africa lose an average of $1 billion every week for the past 30 years in illicit financial flows.
If G20 nations were hit as hard by corporate tax dodging as Africa, they’d have a $1.2 trillion hole in their budgets.
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