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The European Commission has published details of its planned foreign affairs spending for 2021-2027. While there are some positive points which we welcome, there is a risk that aid money can now be used for inward-looking policies on migration and security, rather than long-term sustainable development.

Oxfam reaction to the publication of a new World Bank – World Health Organization report which reveals that half the world do not have access to essential quality healthcare, and 800 million people face severe financial difficulties because of healthcare costs.

Diplomats at the United Nations’ talks on the future Arms Trade Treaty have made serious progress this week with a growing number of key countries bringing their support to the process. The week was also marked by pro-ATT statements from global investors’ with over US$ 1.2 trillion in assets.

The Credit Suisse Global Wealth Report shows once again that economic inequality remains at shockingly high levels.  The richest 1 percent now has as much wealth as the rest of the world combined.

Within hours of Oxfam International’s Executive Director Winnie Byanyima declaring at the UNGA that the glory days for tax havens are over, the International Consortium of Investigative Journalists has released a damning exposé pointing the finger at the Bahamas for tax abuse. 

Today’s report from UBS and PwC revealed that the global billionaires club gained 50 more members in 2015 - at a time when 767 million people are living in extreme poverty. This huge gap between rich and poor is bad news for economic growth, the fight against poverty, social stability and democracy.  

47 economists and experts from across Japan, including Iwahito Katsui, renowned economist and professor emeritus at Tokyo University, have come together to urge the Japanese government to take a lead on tackling tax havens at the G7 Leaders Summit.

Oxfam harshly criticized the United States, the United Arab Emirates, Panama and other countries for undermining a landmark global initiative to tackle corporate tax dodging unveiled today.

The World Bank is forecasting that, for the first time ever, the number of people living in extreme poverty will fall under 10% of the world's population, to around 702 million people.

As the second Global Refugee Forum (GRF) is about to take place in Geneva this week, the InterAgency Working Group for East and Central Africa (IAWG) urges world leaders to honour their commitment to support refugees and the countries hosting them, through increased, equitable responsibility-sharing.