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Taxes that disproportionately affect ordinary Europeans – consumption and labour taxes – bring in 13 times more revenue than taxes on wealth, which are paid mainly by the super-rich, according to a new analysis by Oxfam. 

Chief executives of the world’s largest corporations enjoyed a 11 percent real-terms pay hike last year, while the average global worker saw real wages increase by just 0.5 percent, reveals new analysis by the ITUC and Oxfam ahead of International Workers’ Day (1 May).

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

El Niño is a crisis of global proportions, seriously affecting 60 million people around the world, yet it is not getting international attention and there remains a huge funding gap of nearly $1.8bn. The appointment of Mary Robinson and Macharia Kamau as Special Envoys for El Niño by the UN is an encouraging step.

Five years ago, today, European leaders announced the EU-Turkey deal. Every single day since then, families have been trapped in ‘hotspots’ on the Greek islands, their lives put on hold.   The EU and Greece created these ‘hotspots’ following the EU-Turkey deal. The EU’s aim to keep asylum-seekers on the Greek islands was to speed up their return to Turkey has resulted in appalling living conditions, violent border control practices and immense delays in asylum procedures. Despite overwhelming evidence of these failed policies, the EU migration pact seeks to copy this approach. 

Despite the announcement (and then extension) of a ceasefire agreement, Israeli attacks on Lebanon have continued unabated and Israeli forces continue to expand their occupation in southern Lebanon, as well as widening the range of Lebanese towns impacted by forced displacement orders, aggravating the rate of displacement across the country.

The 1,000 richest people on the planet recouped their COVID-19 losses within just nine months, but it could take more than a decade for the world’s poorest to recover from the economic impacts of the pandemic, reveals a new Oxfam report today. "The Inequality Virus" is being published on the opening day of the World Economic Forum’s ‘Davos Agenda’.  

The 1,000 richest people on the planet recouped their COVID-19 losses within just nine months, but it could take more than a decade for the world’s poorest to recover from the economic impacts of the pandemic, reveals a new Oxfam report today. ‘The Inequality Virus’ is being published on the opening day of the World Economic Forum’s ‘Davos Agenda’. 

An explosion in extreme wealth and income is exacerbating inequality and hindering the world’s ability to tackle poverty, Oxfam warned today in a briefing published ahead of the World Economic Forum in Davos next week.

The IPCC Working Group II report released today