The global economy is broken. 8 billionaires own the same wealth as half the world’s population. Meanwhile, every day 1 in 9 people go to bed hungry. It doesn’t have to be this way. We can choose another future. Join us and demand an economy that works for everyone and not just the few. Share this video and sign the petition.
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Millions of people are being forced from their homes, risking everything to escape conflict, disaster, poverty or hunger. From those fleeing the war in Syria or climate change-induced droughts, to those stranded in inadequate conditions in Europe, you can help us give life-saving support to refugees in the countries where they need it most.
With no end in sight to the conflict in Syria, hundreds of thousands of people are living in desperate conditions and exposed to continuing violence. Today, half the pre-conflict population of 22 million Syrians have fled their homes and more than 13.5 million people urgently need your help.
Oxfam presents new evidence that the gap between rich and poor is growing ever wider and is undermining poverty eradication. This report delves into the causes of the inequality crisis and looks at the concrete solutions that can overcome it.
Oxfam’s Nicolas Mombrial said:
Today France and Germany’s leaders met in Paris to set out their
European austerity programs have dismantled the mechanisms that reduce inequality and enable equitable growth.
If left unchecked, austerity policies could put between 15 and 25 million more Europeans at risk of poverty by 2025, bringing the number of people at risk of poverty in Europe up to 146 million.
European leaders meeting today to discuss ways of boosting economic growth should press ahead with plans for a financial transaction tax (FTT), Oxfam said.
Oxfam spokesperson Elizabeth Stuart said:
Hundreds of thousands of poor people will go without life-saving medicines and many more children will miss out on school because of the first cuts in aid since 1997, Oxfam warned today.
This report examines the impact of the global financial crisis on the budgets of low-income countries, especially their spending to reach the Millennium Development Goals (MDG).
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