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The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power. If current trends continue, the world will have its first trillionaire within a decade but poverty won’t be eradicated for another 229 years.

The deadline for the Extractive Industries Transparency Initiative arrives, but only two out of 22 countries have completed their validation.

Climate change is fast pushing communities, particularly the poorest and most marginalized, beyond their capacity to respond.

While engaging with communities has been a priority for peace operations since 2010, there is a gap between rhetoric and implementation. A number of non-governmental organizations that work on protection of civilians provide recommendations on how to operationalize community engagement in a joint briefing note.

De-risking’ refers to financial institutions closing the accounts of clients perceived as high risk for money laundering or terrorist financing abuse, namely money service businesses, non-profit organizations, correspondent banks and foreign embassies. This report explores the linkages between bank de-risking and the ascendance of the risk-based approach to anti-money laundering and countering the financing of terrorism (AML/CFT). 

The US Department of Agriculture (USDA) released its crop figures toda

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

Responding to David Cameron’s call for a global crackdown on corruption by G7 leaders meeting in Germany for their annual summit this weekend, Jorn Kalinksi, Oxfam G7 spokesperson said:“David Cameron’s is right to put a spotlight on corruption which is a problem for all countries across the globe.  Corruption wastes valuable resources that could be used to tackle poverty. It exacerbates inequality as the richest write the rules of the game in their favour and leave the rest behind.    "In 2010 alone, G7-based companies cheated Africa out of an estimated $US6…

“Today’s so-called ‘hammer blow’ against tax cheats misses. If the proposed registry of beneficial owners of companies and trusts is hidden from the public, how can we know who is hiding their profits and fortunes and trying to avoid paying their fair share?" said Susana Ruiz, Oxfam's tax policy expert.

“Climate change has set our planet on fire, millions are already feeling the impacts, and the IPCC just showed that things can get much worse," said Raijeli Nicole, regional director for Oxfam in the Pacific.