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Rich countries must open the way to cheaper mass-produced COVID-19 vaccines in order to protect every person in the world and avert a $9 trillion “worst case” global economic catastrophe, said Oxfam today. They should also agree this week to inject $650 billion more into the global economy to help developing countries cope with the pandemic’s already devasting effects.

People seeking safety are trapped at borders across Eastern Africa due to COVID-19 measures.    

One year after the battle for Yemen’s resource rich Marib governorate escalated, the humanitarian situation has worsened as shifting frontlines, airstrikes and landmines displace nearly 100,000 people, many of whom have already fled multiple times.

Patients living in poverty in the Global South are being bankrupted by private healthcare corporations backed by multi-million-dollar investments from development finance institutions (DFIs) run by the UK, French, German and other rich country governments. DFIs like the World Bank’s International Finance Corporation (IFC) and the European Investment Bank (EIB) invest public funds via the private sector to help foster economic development in the Global South and tackle poverty. However, Oxfam published two investigations on DFI funding into private hospital chains and other for-profit healthcare corporations operating in low- and middle-income countries and found cases of them.   

Water-related disasters forced people to flee from their homes nearly eight million separate times in 10 of the world’s worst-hit countries last year, with many having to move multiple times – a 120% increase compared to a decade ago, said Oxfam today. 

Since March 2020, schools in Uganda have been closed because of the COVID-19 pandemic. In Bidibidi refugee settlement, one of the largest in the world hosting over 280,000 refugees mainly from the Equatoria region in South Sudan, more than 80,000 children have been affected.

Nearly two out of every five families in Yemen buy food and medicines using debt, according to Oxfam research published today. 

Contrary to the positive picture painted by the International Monetary Fund in its 2010 World Economic Outlook, poor countries are being forced to cut back on their economic crisis-response spending too soon.

Urgent call on parties to abide by their commitments towards a permanent ceasefire in Lebanon and appeal to the international community.

The resumption of aid into Gaza, including fuel to operate undamaged water and sanitation systems along with water trucking, has improved the amount of water available to people in some parts of Gaza. But the picture remains extremely bleak and dangerously critical, especially in the North Gaza and Rafah governorates, warned Oxfam today.