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At the AU-EU Summit, African Union and European Union leaders will meet to discuss cooperation between the AU and the EU “based on shared interests and values.” The summit will take place during the French EU Presidency and the French government has indicated a high level of ambition in terms of outcomes.  

Today the European Parliament  Committee on Budgets voted on the Committee's own initiative report on new own resources to finance the EU budget and EU political priorities.

[ox_davos:billionaires]

94 percent of countries (94 out of 100 countries) with current World Bank and International Monetary Fund (IMF) loans have cut vital investments in public education, health and social protection over the past two years, according to a new report published today by Oxfam and Development Finance International (DFI).

For every new billionaire created during the pandemic — one every 30 hours — nearly a million people could be pushed into extreme poverty in 2022 at nearly the same rate, reveals a new Oxfam brief today. “Profiting from Pain” is published as the World Economic Forum — the exclusive get-together of the global elite in Davos — takes place for the first time face-to-face since COVID-19, a period during which billionaires have enjoyed a huge boost to their fortunes. 

The European Commission proposed today an EU-wide Financial Transaction Tax (FTT) to fund its next long-term budget (2014-2020) partly through own resources.

In response to the New Alliance meeting prior to the G8 Summit later this month, Oxfam’s Economic Justice Ad

While the United States faces the deepest economic downturn since the Great Depression because of COVID-19, a subset of corporations is reaping dramatic profits that are flowing to their already wealthy, mostly white male shareholders, further exacerbating existing inequalities, according to a new analysis released by Oxfam today.

Paraguay’s tax system is insufficient to provide the resource base to eradicate poverty in the country, and has done little or nothing to achieve a more equal distribution of income and wea

Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people.