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The Ethiopian government estimates that 10.2 million people will need humanitarian assistance this year after more than 12 months of erratic or failed rains have caused the worst drought in Ethiopia since the mid 1980s. Ethiopia is one of a number of countries struggling to cope with the effects of one of the strongest El Niños on record. 

An inadequate response to El Nino will put an already overstretched humanitarian system under intense strain and expose tens of millions more people to the extreme risk of hunger, homelessness and disease. Funding is urgently required to prevent millions more women, children and men around the world from going hungry, suffering water shortages, falling ill and seeing their livelihoods collapse.

The International Finance Corporation, the World Bank’s private lending arm, has little-to-no control over how around 90 percent of its investments into commercial banks and other financial institutions are used.

Almost half of the world’s wealth is now owned by just one percent of the population, and seven out of ten people live in countries where economic inequality has increased in the last 30 years.

Inequality between the richest and the rest in Malawi continues to rise, with poverty remaining extreme and endemic. This report presents a vision, roadmap and policy recommendations for a more inclusive, equitable and prosperous Malawi. It shows that inequality is not inevitable but the result of policy choices made by those with power.

Today EU Environment Ministers agreed the official EU emissions reductions pledge for the United Nations climate talks in Paris at the end of the year, backing an "at least 40%" emissions reduction target and failing to provide clarity on whether loopholes could water down the offer.

In response to the Organization for Economic Co-operation and Development's (OECD) latest report on inequality, In It Together: Why Less Inequality Benefits All, Oxfam’s Senior Policy Advisor Claire Godfrey said:“There is nothing surprising in the OECD’s latest report on inequality...

Members of the European Parliament from all political groups voted for tightening proposed rules against food speculation, but fell short of the votes needed to force the Commission to amend them.

EU finance ministers today discussed the future "EU blacklist" for tax havens. The proposal says that a 0% tax rate will only be seen as an "indicator" that a particular country or a tax jurisdiction should be screened - but that further analysis will be required before they end up on any blacklist.In reaction, Oxfam’s EU tax expert Aurore Chardonnet said:“It's welcome that the EU now accepts that a 0% tax rate is potentially harmful, but it is more serious than simply being an ‘indicator’ that warrants investigation. A 0% tax…

As the Annual Meetings of the World Bank kick off in Washington this week, Oxfam welcomed the focus on inequality, but urges top officials at the institution to align their words with their actions if they are serious about combating inequality and poverty.