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Three African billionaires today have more wealth than the poorest 50% - or 650 million people across the continent, reveals a new Oxfam report today.

Despite there being more young people in the world today than ever before, they are excluded from decision-making and are the most vulnerable to economic crises, says a new Oxfam report.

EU finance ministers have today adopted the first EU blacklist of tax havens. The list includes 17 mostly small countries. The EU has also published an additional grey list of countries that currently qualify as tax havens, but have promised reforms.Reacting to the news, Aurore Chardonnet, Oxfam EU policy advisor on inequality and tax, said:“It is disturbing to see mostly small countries on the EU blacklist, while the most notorious tax havens got away on the ‘grey list’.“It seems the EU’s pressure has obliged some of the most notorious tax havens like…

The UK government is hosting an international meeting in London on 29 March on Libya.

The political response to tax dodging in the 12 months since the SwissLeaks scandal hit the headlines has been slow and restrained, said Oxfam today.  SwissLeaks exposed how global banking giant HSBC's Swiss branch helped wealthy individuals hide $100 billion in secret bank accounts out of the reach of tax authorities.Claire Godfrey, Policy Lead for Oxfam’s ‘Even it Up’ Campaign, said:“A year has passed since the Swiss Leaks scandal but still much more needs to be done to ensure wealthy individuals and big business pay they fair share of taxes.“Governments across the…

A coalition of NGOs has welcomed the European Parliament's vote to increase humanitarian and development aid in the EU budget 2018, but call on the EU to ensure aid money really goes to those who need it most.

Plans for next year's EU budget mean that not the actual needs of people in developing countries will be addressed, but money will be spent on border security to stop migration, Oxfam deplores.

Gender inequality is both the cause and the consequence of violence against women and girls, said Oxfam today, as the agency launches a new global campaign called “Enough: Together We Can End Violence Against Women and Girls” to stop one of the most prolific human rights violations.

Figures published today by the OECD show that development aid has slightly increased in 2020. While this rise provides a lifeline for millions of people living in poverty around the world, it’s simply not enough. With extreme poverty skyrocketing for the first time in over twenty years and increasing economic and gender inequality exacerbated by the Covid-19 crisis, rich countries are facing and failing the biggest test the aid system has seen since its creation 50 years ago, said Oxfam. 

The 50 biggest US companies, including global brands Pfizer, Goldman Sachs, GE, Chevron, Wal-Mart, and Apple, stashed $1.6 trillion offshore in 2015 –  $200 billion more than the previous year - according to a new report by Oxfam.