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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.

After more than a year of a brutal military assault and blocking of aid by Israeli authorities, this pause is long overdue.

Today, European finance ministers updated the EU tax haven list. They added Brunei Darussalam and removed Costa Rica and Curaçao from the greylist. There were no changes to the blacklist. 

A new Oxfam report found extreme hunger has surged in eight of the world's worst water crises - all in Africa. 

Today, Egala and Oxfam published a new report, “Brutal Barriers”, detailing the frightening and sometimes deadly journey of people trying to reach safety in Europe. Survivors’ testimonies reveal the violence inflicted by both Polish and Belarusian authorities on people seeking asylum as well as the treacherous conditions people face in crossing the swamplands of the primeval Białowieża forest.

The strategy to end extreme poverty and support inclusive growth is an important milestone for the World Bank and Oxfam welcomes Jim Kim’s vision and commitment.

Today, the European Parliament voted on its position on a carbon border tariff for companies exporting to the EU (the Carbon Border Adjustment Mechanism). In response, Chiara Putaturo, Oxfam EU Tax expert, said: “Forcing the poorest countries to pay this tariff is unfair. Europeans are responsible for double the carbon emissions as those in the poorest half of the world since 1990. This decision allows rich countries to pass the buck to those least responsible for the climate crisis.

Development gains made in Afghanistan over the last decade are in danger of being thrown away if levels of aid fall away in conjunction with the withdrawal of international troops in 2014.

40 former Heads of State and Government are calling for “a new economic coalition of the willing” to urgently tackle inequality in a joint letter released ahead of the Fourth International Conference on Financing for Development in Seville.

Today’s World Wealth Report from Capgemini shows that times have never been better for the world’s wealthiest - since 2009 more than 4.5 million new millionaires have been created, rising to a total of 15.4 million millionaires across the world last year. Yet while the wealthy prosper, 702 million people living in extreme poverty are being left behind.