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World leaders have an historic opportunity to reform the global economy to ensure that the one in six people who live in extreme poverty benefit from economic recovery, international agency Oxfam said today ahead of the G20 summit in Seoul.

The international aid agency Oxfam today called for Pakistan’s $55bn debt to be dropped. Oxfam said that the debt must be cancelled because of the level of destruction caused by the recent unprecedented flooding and the massive costs of immediate relief and longer term reconstruction.

(The ‘Friends of Yemen’ Meeting saw an additional US$1.5 Billion ple

In reaction to the suspension of South Sudan mediation talks in Addis Ababa, Oxfam’s Acting Country Director in South Sudan, David Crawford, said:

Last night the Ministry of Health in the Democratic Republic of Congo announced four new confirmed cases of Ebola in Mangina area, in the territory of Beni, province of North Kivu. This comes only nine days after a similar outbreak in Equateur province in the western part of the country was officially declared over.

Oxfam international in partnership with local authorities in Bourem District will launch a major operation today to help the population in North-East of Mali affected by drought and late heavy rains.

Commenting on news today that the US has confirmed the termination of USAID funding for multiple life-saving projects in the Democratic Republic of Congo.

“The growing global trend of aid cuts is alarming. Donors must ensure there is enough aid so Syrians can rebuild their lives - both now and in the long-term. Syrians themselves must be at the forefront of all discussions on their country’s future. The peace process must be led by Syrians and inclusive of all groups.” 

Oxfam’s Caroline Pearce said:

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