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One year on from the declaration of the COVID-19 pandemic, the People’s Vaccine Alliance is warning that developing countries are facing critical shortages of oxygen and medical supplies to cope with COVID-19 cases yet the majority have been unable to administer a single dose of a COVID-19 vaccine. In contrast rich nations have vaccinated their citizens at a rate of one person per second over the last month.

More doses of Covid-19 vaccines have been delivered to the EU, the UK and the United States in the six-week run up to Christmas than African countries have received all year, new analysis from the People’s Vaccine Alliance reveals today.

New figures released by the UN Food and Agriculture Organisation (FAO) show that the number of hungry people has risen for the third year in a row, mainly as a result of conflict and the climate crisis. However, despite the spiralling hunger and two global food price crises in a little over ten years, hunger has fallen off the political agenda.

Today, the European Parliament voted through a non-binding report on the European Commission’s proposal to implement the deal on a global minimum tax at the EU level. EU Finance Ministers are expected to vote on a final agreement next Tuesday, 24 May. 

In response to World Bank President Jim Yong Kim’s speech at George Washington University: "

European leaders failed today to meet the expectations they had raised of cracking down on tax dodging at a summit in Brussels. In reaction, Catherine Olier, Oxfam’s EU Policy Adviser, said:

The true scandal is that most of the schemes used by BASF are legal, and a consequence of fierce tax competition between EU member states, says Oxfam in reaction to the Greens/EFA group report on aggressive tax planning practices of German chemical giant BASF.

Oxfam welcomes the action plan put forward today by the European Commission for the EU to catch up on its commitments towards the Millennium Development Goals. Member states must give their go-ahead at the EU summit in June.

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. 

In an open letter, a large coalition of civil society organizations and trade unions, including Oxfam, is asking European Commission President Jean-Claude Juncker for a more ambitious proposal on tax transparency.