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Today, Tuesday 5 October, European economic and finance ministers met to approve an update to the EU’s list of tax havens. This comes in the midst of the unfolding Pandora papers scandal and global tax negotiations. 

The Viktor Bout case shows need for global rules on arms trading – a global arms trade treaty.

This year’s G20 Summit will raise the stakes for the group to prove itself against growing doubts about its effectiveness – not least for people living in poverty, says Oxfam.

Human-rights abuses are commonplace in farms linked to major European supermarkets such as Aldi, Lidl and Tesco, new Oxfam research reveals. The organisation calls on the EU to introduce new legislation that requires companies to respect the human rights of people working in their global supply chains.

The fact that the IMF is proposing that adaptation efforts are funded by grants rather than loans is positive. But this will only work if developed countries ensure the money is there to resource this vital assistance to vulnerable countries.

Ahead of the Annual Meetings, international agency Oxfam urged the World Bank to sharpen and swiftly move forward on the new strategy to end poverty by 2030 and boost shared prosperity.

The world, and most of all, its poor people, desperately needs a fair and safe climate deal to be agreed at the UN talks in Copenhagen in December.

Oxfam’s Sarah Wynn-Williams said: “This farcical appointment process has damaged the IMF’s credibility.

At least $18.5 trillion is hidden by wealthy individuals in tax havens worldwide, representing a loss of more than $156 billion in tax revenue, according to new figures published today by international agency Oxfam.

The proposed EU climate law is a good framework for EU climate action over the next decades, Oxfam says. The Commission, national governments and the European Parliament now must enact the law and take swift and decisive action to drastically reduce climate-heating emissions.