Search results

Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people.

ONE and Oxfam welcome that the highest amount of funding ever has been allocated to refugees and development programs in the European Union's 2016 budget.

Today, European Parliamentarians will cast their vote on the EU’s next long-term budget – a vote that will send a powerful political signal to the European Commission ahead of its proposal due out in July. But behind these numbers lies a key question: will the EU maintain its role as a credible donor, or will it quietly shift towards a transactional approach shaped by short-term political interests? 

The criteria adopted by EU Finance Ministers for screening countries over tax abuse will be of little to no use in ending the era of tax havens. 

Inequality, already extreme before COVID-19, has reached new levels. There is an urgent need for governments to implement highly progressive taxation measures that in turn must be used to invest in powerful and proven measures to reduce inequalities.

EU governments have today furthered the recent trend of using development aid to advance their own short-sighted interests. They have adopted a new framework for the European Union’s development policy that neither listens to EU citizens nor focuses on eradicating poverty.

The 1,000 richest people on the planet recouped their COVID-19 losses within just nine months, but it could take more than a decade for the world’s poorest to recover from the economic impacts of the pandemic, reveals a new Oxfam report today. "The Inequality Virus" is being published on the opening day of the World Economic Forum’s ‘Davos Agenda’.  

Rising inequality could set the fight against poverty back by decades, Oxfam warned today as it published a new report showing that the number of billionaires worldwide has more than doubled since the financial crisis. 

A 5-point plan to stop big corporations cheating poor countries out of billions of dollars in tax revenue, was published by Oxfam today in the wake of the Mauritius Leaks.

The richest 1% in Latin America and the Caribbean owns 41% of the region’s total wealth and if this trend continues, in only 8 years’ time the progress that has been achieved there in reducing poverty could drastically reverse, warns Oxfam today. On average, the annual income of Latin American billionaires is almost 5,000 times greater than that of the region’s poorest people.