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Panama, the Cayman Islands and the Seychelles have rightly been added to the EU tax haven blacklist. However, the list still proves inadequate, said Oxfam today.

EU policies and action have facilitated the containment of tens of thousands of people in Libya, a country where they have been exposed to appalling abuse, say 13 organisations in support of a complaint to the EU Court of Auditors.

It is a good sign that the European Commission pursues its efforts to put an end to damaging tax deals despite the criticism it faced following the Apple ruling, Oxfam says in reaction to a new state aid investigation into French energy company Engie.

European Commission President Jose Manuel Barroso today threw his full support behind an EU Financial Transaction Tax (FTT) arguing that banks must make a '”contribution” back to society af

As the US and China intensify discussions on climate change, Oxfam International urges EU countries to put aside national interests and step up their leadership role.

Responding to the publication of the Fiscal Monitor by the International Monetary Fund today, Susana Ruiz, Oxfam International's Tax Policy Lead, said: “Oxfam strongly welcomes the IMF’s call for progressive and emergency taxes to fund the recovery from the COVID-19 crisis, including taxing excess corporate profits and top income levels.

Two years ago, rich nations promised to deliver a legally binding climate deal in Copenhagen. Now rich countries have admitted to back peddling in order to accommodate the US.

Poor countries are being forced to cut back on their economic crisis-response spending too soon. Education and social protection budgets are particularly badly affected. Oxfam is calling on the IMF to take steps to reverse this trend.

The economic fallout from the coronavirus pandemic could push half a billion more people into poverty unless urgent action is taken to bail out developing countries, said Oxfam today.

An average of 189 million people per year have been affected by extreme weather-related events in developing countries since 1991 – the year that a mechanism was first proposed to address the costs of climate impacts on low-income countries - according to a new report published today.