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Today’s EU Finance Ministers meeting inBrussels reached a deal to resolve disagreement on regulators’ powers over clearinghouses that will handle over-the-counter (OTC) derivatives.

Today the European Parliament gave the green light to the European Markets Infrastructure Regulation (EMIR) designed to regulate shady ‘over the counter’ (OTC) derivatives. NGOs welcomed the introduction of clearing and reporting obligations for these financial products as a crucial step towards regulating vital agricultural commodity derivatives markets.

The international development agency said global food prices will more than double within 20 years as a new age of crisis forces the collapse of our broken global food system, said Oxfam today.

About innovative financing for development and climate change EU Finance Ministers today agreed their common position for the upcoming G20 Finance Ministers meeting on 14-15 October in Pa

Europe’s agriculture industry is exploiting the at least 2.4 million migrants who harvest Europe’s fruits and vegetables. This is according to a new report published today by the University of Comillas and Oxfam researchers titled “Essential but invisible and exploited.” 

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

Today, the European Parliament voted through a non-binding report on the European Commission’s proposal to implement the deal on a global minimum tax at the EU level. EU Finance Ministers are expected to vote on a final agreement next Tuesday, 24 May. 

The annual EU-Israel Association Council meeting, the highest political forum between both sides, took place in Brussels today.

With their response to migration, the European Union and its member states risk further undermining  their credibility and authority in the defence of human rights, more than 120 NGOs have warned.

As EU and Israeli officials meet today behind closed doors to discuss their bilateral relationship, Agnès Bertrand-Sanz, Oxfam humanitarian expert, said: “The EU includes human rights clauses in its bilateral deals for a reason, yet with Israel, these clauses seem optional. By having this meeting, the EU is signalling that it is business as usual”.