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Millions of poor and vulnerable people face hunger and poverty this year and next because of record global temperatures, droughts and erratic rains in 2014 and 2015, compounded by the development of possibly the most powerful El Niño on record.

President Trump’s decision to un-sign the Arms Trade Treaty is a clear message to civilians caught in the crossfire: we don’t care.

The Control Arms alliance expressed some satisfaction at progress made at the preliminary Arms Trade Treaty negotiations but urged governments to maximize time before the next meeting in 2011 to develop a draft Treaty further.

Luc Lamprière, spokesperson for Oxfam said:

A new era of high and volatile food prices is causing life-changing shifts in society, according to Oxfam and the Institute of Development Studies (IDS) in a joint report published today.

Income inequality is high or increasing in 60 percent (64 out of 106) of low- and middle-income countries receiving grants or loans from the International Monetary Fund (IMF) and World Bank, reveals new Oxfam analysis ahead of the 2024 Spring Meetings in Washington D.C. Countries with high levels of income inequality have Gini coefficients above 0.4, the warning level set by the United Nations.

The European Union, which holds eight seats out of twenty four on the International Monetary Fund (IMF) board, has made an offer to rotate some of their IMF board seats with middle-income countries

Food security in southern Africa relies upon small-scale agriculture, a sector in which women take the lead. However, smallholder farmers are among the most vulnerable people to food insecurity, often lacking the resources and access needed to produce or procure adequate food.

 

What is the IMF doing in practice to tackle inequality? Its main initiative has been a series of pilots that integrate inequality analysis into its economic surveillance of countries. This paper outlines Oxfam’s evaluation of these pilots and finds that they are not promoting policies that reduce inequality.