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The budget deal struck by EU governments, the European Parliament and the European Commission promises more funds for the EU’s external action, but diverts money from those most in need, warn development and humanitarian organizations.

Proposals to regulate a new multi-billion euro EU fund aimed at driving more private investment in development have just been agreed by the European Parliament, member states and the European Commission. But campaigners say although the proposed safeguards in the External Investment Plan are a step in the right direction, there is a risk that billions of euros of tax payers’ money will benefit big multinational corporations at the expense of the people in poverty that it is meant to support. Positive aspects of the…

The true scandal is that most of the schemes used by BASF are legal, and a consequence of fierce tax competition between EU member states, says Oxfam in reaction to the Greens/EFA group report on aggressive tax planning practices of German chemical giant BASF.

Economic inequality is based on a flawed and sexist economic system that values the wealth of the privileged few, mostly men, more than the billions of hours of the most essential work – the unpaid and underpaid care work done primarily by women and girls around the world. This has to change.

The EU has decided its budget for 2018 with cuts long-term development aid that helps the poorest people. A coalition of development NGOs criticised the EU for putting its own short-term interests ahead of the people most in need.

The European Court of Auditors' long-overdue report finally evaluates an important financing mechanism for development, but takes a purely financial perspective instead of looking at results delivered for beneficiaries.

The governments of rich states today cleared the way for the diversion of development aid away from the poorest.

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.

Governments across Europe are planning to divert scarce development aid budgets to cover security and defense costs, anti-poverty campaigners understand.

Despite the recent spate of economic growth, Africa remains afflicted by entrenched poverty and alarmingly high and rising inequality. This paper uses the Reducing Inequality Index (CRI) developed by Oxfam and Development Finance to produce a ranking of African countries on their policies to reduce the gap between rich and poor.