Search results

Billionaire fortunes have grown at a rate three times faster than the previous five years. The number of billionaires has surpassed 3,000 for the first time, and the level of billionaire wealth is now higher than at any time in history. Meanwhile, one in four people globally face hunger. 

Have a query about Oxfam's work? Need a lead on a story about fighting the injustice of poverty? Find an Oxfam media officer near you.

Oxfam strongly welcomes today’s leaked documents on Luxembourg’s tax haven operations revealed by the International Consortium of Investigative Journalists (ICIJ), showing that Luxembourg granted favorable tax treatment to many multinational corporations in order for them to dodge taxes by routing their profits through the country.

The “Global Report on Food Crises”, released today by the Food Security Information Network, says that more than 113 million people across 53 countries experienced acute hunger and required urgent food, nutrition and livelihoods assistance in 2018. This is a human-made crisis caused by conflict, climate change, and a broken global food system, says Oxfam France’s Executive Director Cécile Duflot.

Poor countries will today leave the UN climate change negotiations in Doha with little more than they arrived with, because developed countries failed to take any meaningful collective action to prevent and address the most harmful impacts of climate change.

The richest 1% in Latin America and the Caribbean owns 41% of the region’s total wealth and if this trend continues, in only 8 years’ time the progress that has been achieved there in reducing poverty could drastically reverse, warns Oxfam today. On average, the annual income of Latin American billionaires is almost 5,000 times greater than that of the region’s poorest people.

The COVID-19 pandemic and cost-of-living crisis were a windfall for the ultra-wealthy in the Middle East and North Africa (MENA), who saw their wealth almost double between 2019 and 2022, reveals an Oxfam report published today ahead of the World Bank and International Monetary Fund (IMF) Annual Meetings in Marrakech. 

EU Development Ministers have just recommited to an old promise made by donors back in 1970s, failing to provide any guarantees to poor countries that Europe is serious about getting back on track to meet the Millennium Development Goals, warns Oxfam.

European austerity programs have dismantled the mechanisms that reduce inequality and enable equitable growth.

With no end to the conflict in Syria in sight, the four million people forced to flee the country have no foreseeable prospect of safe return. And as the impact of the crisis on neighboring countries grows and aid dries up, the situation for these refugees is becoming increasingly dire. This briefing calls for a new approach by the international community.