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Oxfam dismissed claims by the government of Bermuda that there are serial errors in the agency's report on the world’s worst tax havens today.  The UK overseas territory earned the top spot in Oxfam's list of corporate tax havens because of its corporate income tax rate of zero percent and its lack of enthusiasm for international cooperation against tax avoidance. In 2012, US multinational corporations reported more profits in Bermuda than in Japan, China, Germany and France combined.Esme Berkhout, tax policy advisor for Oxfam said:“Bermuda’s claim that Oxfam’s…

G7 leaders in Taormina fail to tackle famine or the challenges of migration. President Trump, more than anyone else, blocked agreement on many of these key concerns that affect millions of the world’s poorest people. 

The G20 leading economies have sidelined development and food security at their summit in Los Cabos.

In “Powering the Transition,” Oxfam details how together, the World Bank, the Asian Development Bank, and the Asian Infrastructure Investment Bank are investing almost $5 billion in fossil fuels in the 10 Asian countries that belong to the Climate Vulnerable Forum.

Despite the recent spate of economic growth, Africa remains afflicted by entrenched poverty and alarmingly high and rising inequality. This paper uses the Reducing Inequality Index (CRI) developed by Oxfam and Development Finance to produce a ranking of African countries on their policies to reduce the gap between rich and poor.

The International Monetary Fund’s advice to countries promotes policies that fail to reduce inequality and may even increase it, according to Oxfam research. This advice clashes with what their own research shows countries should do to reduce inequality.

Every country in the world is experiencing an economic shock as a result of the Coronavirus crisis, and all governments must act now to protect their people from destitution. Unless dramatic action is taken to shore up the economies of developing countries, the crisis could push as many as half a billion people into poverty.

Gender-based violence is a global pandemic existing in all social groups across the globe, yet it has largely been ignored in the COVID-19 response and recovery plans. Barriers to achieving gender justice continue to exist, but progress made since the start of the 16 Days of Activism Against Gender-Based Violence Campaign show that there are solutions.

The Covid-19 pandemic has revealed and worsened the depth of inequality in West Africa. It has pushed millions into poverty. However, the pandemic offers West African governments a once-in-a-generation opportunity to invest heavily in inequality-busting policies by boosting public spending, making tax systems more progressive, and tackling joblessness and precarious work.

Widening inequalities are tearing our world apart. This is not by chance, but choice: “economic violence” is perpetrated when structural policy choices are made for the richest and most powerful people. But we can radically redesign our economies to be centered on equality, in which nobody lives in poverty, nor with unimaginable billionaire wealth—in which inequality no longer kills.