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The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power. If current trends continue, the world will have its first trillionaire within a decade but poverty won’t be eradicated for another 229 years.

Global business leaders could make a significant contribution toward a fair and safe deal to tackle climate change when they meet at an international summit in Copenhagen beginning May 24.

In Colombia, local politics is about more than planning decisions and wastewater – it is literally a matter of life or death. Tania Hernandez Téllez, 41, is willing to sacrifice everything to play her part

As conflicts with local communities are a problem for oil, gas and mining companies around the world, a new report by Oxfam finds that the number of mining companies with commitments to “Free, Prior and Informed Consent (FPIC)” has almost tripled since 2012. 

Tens of thousands of lives at risk with money for vital services set to run out in 2-3 months

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.

Public aid money should not be used to fund corporate-backed private school chains that fuel inequality. Other donor agencies and governments now need to follow suit, said Oxfam today in response to the US House Financial Services Committee’s (HFSC) announcement that the World Bank and its private sector arm have approved a package of reforms.

Ending poverty need put no additional stress on the planet’s natural resources, according to a new report published today by international agency Oxfam. According to the paper’s author Kate Raworth, human deprivation and environmental degradation must be tackled together as humanity’s two major operating boundaries are inextricably linked.

Eight of the “Big 10” international food and beverage companies have improved their overall scores in our in "Behind the Brands" scorecard since February 2014 but French dairy producer Danone and the US based Coca-Cola Company have failed to improve.

Average global CEO pay hit $4.3 million in 2024, reveals new analysis from Oxfam ahead of International Workers’ Day (1 May). This is a 50 percent real-term increase from $2.9 million in 2019 (adjusted for inflation) —a rise that far outpaces the real wage growth of the average worker, who saw a 0.9 percent increase over the same five-year period in the countries where CEO pay data is available.