EU Finance Ministers break deadlock on transaction taxes and now must deliver for the poorest 22 June 2012 Today EU Finance Ministers, meeting in Luxembourg, agreed to drop the idea of an EU-wide European Financial Transaction Tax (FTT).
G20 fails 1 billion hungry people worldwide 18 June 2012 The G20 leading economies have sidelined development and food security at their summit in Los Cabos.
Statements by World Bank President Robert Zoellick and IMF Executive Director Christine Lagarde at the B20 World Economy Outlook session, Los Cabos 18 June 2012 Oxfam spokesperson Carlos Zarco said:
Eurozone breakup would cost poorest countries $30 billion 15 June 2012 A Eurozone breakup could cost the world’s poorest countries $30 billion in lost trade and foreign investment, international agency Oxfam has warned ahead of the G20 leaders meeting in Mexico to discuss the state of the global economy.
Inequality rises across the G20 as economic growth fails to trickle down to poorest 19 January 2012 Inequality has increased in 14 of the 18 G20 countries since 1990 as economic growth has too often failed to benefit poor people.