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The Credit Suisse report today shows that the number of millionaires is rising despite slowed economic Inequality is growing faster than we had thought – Oxfam predicted the richest one percent would own more than the rest of us by 2016. The fact that it has happened this year underlines the urgency of the problem.

Oxfam strongly welcomes today’s leaked documents on Luxembourg’s tax haven operations revealed by the International Consortium of Investigative Journalists (ICIJ), showing that Luxembourg granted favorable tax treatment to many multinational corporations in order for them to dodge taxes by routing their profits through the country.

The Credit Suisse Global Wealth Report shows once again that economic inequality remains at shockingly high levels.  The richest 1 percent now has as much wealth as the rest of the world combined.

Today’s report from UBS and PwC revealed that the global billionaires club gained 50 more members in 2015 - at a time when 767 million people are living in extreme poverty. This huge gap between rich and poor is bad news for economic growth, the fight against poverty, social stability and democracy.  

The real possibility of eradicating global hunger and poverty in our lifetime is dependent upon the international community getting more serious in supporting smallholder agriculture – a sector that supports nearly 2 billion people and produces most of the world’s food. Tomorrow Oxfam International Executive Director Winnie Byanyima will address the 38th annual Governing Council meeting of the International Fund for Agricultural Development (IFAD) at the invitation of IFAD President Kanayo F Nwanze. The Governing Council is IFAD’s highest decision-…

The annual Forbes rich list released today highlighted a slight downturn in fortunes of the rich elite but huge global inequalities remain.

Oxfam welcomes the fast-track ratification of the Paris climate agreement by the EU. Now, EU governments have to show their practical commitment to protect people and the planet from global warming.

The European Commission risks betraying the Paris climate agreement by suggesting that Europe is doing enough to tackle runaway climate change, says Oxfam.

Eight of ten Europeans say laws need to change to clamp down on the use of tax havens, a poll published on Tuesday shows.

More than 200 million people will be trapped unnecessarily in extreme poverty - despite world leaders’ pledge to end it - unless action to tackle economic inequality is accelerated.