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Today, the European Commission presented a coronavirus crisis recovery package for the EU.

Responding to the announcement today that the OECD Inclusive Framework on Base Erosion and Profit Shifting has agreed to push ahead with the two-pronged global tax reform deal and set a global minimum corporate tax of 15 percent, Gabriela Bucher, Executive Director of Oxfam International, said:  “This is not an ‘historic’ deal ―it is history repeating itself. Those who shamelessly rigged the global tax system to their benefit over a century ago have again ring-fenced the game for themselves."

The signing of the peace agreement by President Salva Kiir Mayardit is a positive step toward ending the brutal 20 month civil war but aid agencies CARE, IRC, Oxfam and World Vision say it is only the beginning of a long, hard journey towards peace and reconciliation.

Deadly floods and landslides have already killed over 300 people and forced over 12 million more from their homes, as the disaster continues to rip through South Asia. During the past few days, India, Nepal, and Bangladesh have experienced some of the worst floods in years threatening millions more. Oxfam says the situation is likely to get worse over the coming days.

Economic inequality is based on a flawed and sexist economic system that values the wealth of the privileged few, mostly men, more than the billions of hours of the most essential work – the unpaid and underpaid care work done primarily by women and girls around the world. This has to change.

Across Africa, ambitions to achieve inclusive and sustainable development are being undermined by inadequate investment in the care economy. Women and girls are providing millions of hours of unpaid care and domestic work – a provision which props up the economy and underpins society, yet remains under-recognized, undervalued and under-invested in. 

Syrians who have already endured almost a decade of war and displacement are now facing unprecedented levels of hunger leaving millions of people acutely vulnerable to Covid-19, international agencies warned today ahead of a key annual conference on the crisis.

In reaction to the EU and US announcement of new sanctions against Mali, Oxfam and 12 other NGOs called for the international community to protect the people of Mali.  

Today, European finance ministers updated the EU tax haven list. The update includes the blacklisting of three additional countries (Anguilla, Bahamas and Turks and Caicos) and the complete delisting of two countries (Bermuda and Tunisia). 

Following the dramatic food price increases in 2007–08, an estimated 150 million people joined the ranks of those who go hungry.