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Finance ministers and central bankers from the G20 nations met in London on Saturday, as a preparatory session for the G20 meeting in Pittsburgh later this month, and to lay the groundwork for the Copenhagen climate talks in December.

Without urgent action to relieve developing countries of all their external debt payments this year, and ensure they don't accrue into the future, the coronavirus could lead to millions of deaths and force half a billion more people around the world into poverty, said Oxfam today in response to the G7's joint statement on debt moratorium for poor countries.

"The outcome of the Nairobi summit signals a renewed commitment to development effectiveness that is critical to ending poverty. Rich, donor countries must get behind this agenda, not undermine it, especially as our world faces huge, unprecedented humanitarian challenges," said Oxfam International's executive director, Winnie Byanyima. 

Food prices will remain high and volatile for at least another decade driving hunger and malnutrition according to the Agriculture Outlook Report 2011 - 2020 released by the Food a

Pressure is piling on the G20 to lead a global push to increase taxes on the richest citizens back to past levels that most people believe were fairer and more useful for society. 

The gap between where companies pay tax and where they really do their business is huge, as shown by new research described in this briefing.

Reacting to the outcome of the Busan aid negotiations, Oxfam said donors had put off important decisions about how to improve aid.

The worst flooding the Philippines has seen in decades highlights the urgent need for US leadership to push UN climate change negotiations in Bangkok forward to help ensure the best chance of securing a global climate treaty in Copenhagen.

The G20 should take urgent action to protect poor countries from economic crisis that is forcing 100 people-a-minute into poverty, Oxfam said today. Developing countries across the globe are struggling to respond to the global recession.

With the UN Rio+20 talks effectively at a stalemate, Oxfam today calls on the Brazilian government to provide the leadership that is so urgently needed to rescue the Rio 92 Earth Summit legacy, and chart a path toward equitable and sustainable development.