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European leaders meeting today to discuss ways of boosting economic growth should press ahead with plans for a financial transaction tax (FTT), Oxfam said.

The Compact has the potential to provide better protection and care for refugees and development benefits to hosting communities.   

EU governments are on the brink of agreeing a tax haven blacklist that could ensure corporate tax havens face international sanctions for the first time. This is a welcome move if the list includes objective and comprehensive criteria instead of focussing solely on opacity of tax systems, said Oxfam today.

Today, EU negotiators struck an agreement on the public Country-by-Country Reporting proposal. The deal means companies with operations in the EU will be required to publish information on how much tax they pay in EU countries and non-EU countries that are on the EU’s black or grey list. Information on other non-EU countries will only be available on an aggregated global basis. 

Today, EU countries rubber-stamped the deal on the EU’s new supply chain rules. This law — the Corporate Due Diligence Directive (CSDDD) — aims to make companies accountable for the damage they cause to people and the planet. 

While the United States faces the deepest economic downturn since the Great Depression because of COVID-19, a subset of corporations is reaping dramatic profits that are flowing to their already wealthy, mostly white male shareholders, further exacerbating existing inequalities, according to a new analysis released by Oxfam today.

New research by Oxfam and CARE Climate Justice Centre, published today, finds developing countries are now paying more back to wealthy nations for climate finance loans than they receive - for every 5 dollars they receive they are paying 7 dollars back.

Millions of poor people will go without life-saving food and medicines as donor aid pledges to poor countries are breached.

Thousands of people in Yemen could be dying from undetected cases of cholera because COVID-19 has overwhelmed the country’s health facilities and people are too frightened to seek treatment for fear of the virus, Oxfam said today. The number of coronavirus cases in Yemen is likely to peak in the coming weeks while the heaviest rains are expected in August which could deepen a hidden cholera crisis.  

This paper highlights the injustice faced by the Quechua and the wider region. It echoes their call for the government to grant them full title to their territories; to fulfill their rights to health, education and a development that respects their identity.