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Reacting to the largest number of displaced people in world since the Second World War, Shannon Scribner, Oxfa

The coronavirus pandemic is fast pushing developing countries toward a debt crisis that would be catastrophic for their fight against poverty, with the likelihood of multi-billion-dollar defaults that will hurt the entire global economy, warned Oxfam ahead of the G20 Finance Ministers’ meeting this weekend (July 18-19).  

We call on world leaders to act urgently to protect UNRWA from the unprecedented and dangerous attacks it faces from the Israeli Government. The Knesset’s Foreign Affairs and Defense Committee passed two bills on 6 October 2024 aimed at ceasing UNRWA's operations. These bills await final readings in the Knesset Plenum as soon as 28 October 2024. This could see UNRWA evicted from premises it has held for over 70 years and have its immunities revoked, severely blocking its ability to provide essential services such as healthcare and education to millions of Palestine refugees. This reckless move threatens to dismantle the backbone of the international humanitarian operation in Gaza, aggravating an already catastrophic crisis.

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.

Before the opening of the Committee on Food Security’s annual meeting in Rome (7 October), Oxfam called for Governments to ensure that biofuel policies do not force poor farmers off their land and fuel food price spikes.

Urgent action is needed to prevent hundreds of millions more people slipping into hunger as a result of volatile food prices and increasing energy and water scarcity. Decades of underinvestment in agriculture coupled with the increasing threat of climate change mean the situation could get worse.

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.

Oxfam International’s Executive Director Winnie Byanyima is attending “Global Common Good” seminar convened by the Pontifical Council for Justice and Peace in Vatican City. She is available for comment and interview.

Global dividend payments to shareholders grew on average 14 times faster than worker pay in 31 countries, which together account for 81 percent of global GDP, between 2020 and 2023, reveals Oxfam’s new analysis ahead of International Workers’ Day (May 1). 

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.