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Oxfam analyzes the commitments being brought by government and corporate sector leaders to the Climate Summit and reveals that they fall short of what is urgently needed.

The prospective new international Arms Trade Treaty must regulate the sale of parts and components being used to maintain or manufacture deadly weapons and military equipment, according to a new report by Oxfam.

New York: Today’s announcement by the USA of support for the Arms Trade Treaty (ATT) was welcomed by Oxfam International and Amnesty International, warning that Washington’s support comes at a very high price. Giving any Member State veto power would weaken not strengthen future Treaty.

Over a quarter of a billion more people could crash into extreme levels of poverty in 2022 because of COVID-19, rising global inequality and the shock of food price rises supercharged by the war in Ukraine, reveals a new Oxfam brief today. 

722 of the world’s biggest corporations together raked in over $1 trillion in windfall profits each year for the past two years amid soaring prices and interest rates, while billions of people are having to cut back or go hungry. 

The threat of “COVID famines” and widespread extreme hunger are setting off every alarm bell within the international community, but so far sluggish funding of the UN's appeal is hampering humanitarian agencies’ efforts to deliver urgent assistance to people in need.

As the G8 Summit comes to a close, international agency Oxfam criticized the leaders for their failure to deliver on their promises and for trying to divert attention by cobbling together a small initiative for maternal and child health.

One person is likely dying of hunger every 48 seconds in drought-ravaged Ethiopia, Kenya and Somalia, according to estimates by Oxfam and Save the Children in a report published today highlighting the world’s repeated failure to stave off preventable disasters. 

President Trump’s decision to un-sign the Arms Trade Treaty is a clear message to civilians caught in the crossfire: we don’t care.

The Control Arms alliance expressed some satisfaction at progress made at the preliminary Arms Trade Treaty negotiations but urged governments to maximize time before the next meeting in 2011 to develop a draft Treaty further.