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Asia is home to some of the world’s fastest growing economies. Yet millions of people remain poor, while a handful gets richer and richer.
More than 200 million people will be trapped unnecessarily in extreme poverty - despite world leaders’ pledge to end it - unless action to tackle economic inequality is accelerated.
Today Oxfam praised the CEO’s of eight of the ten biggest food and beverage companies in the world for joining together with the heads of some 400 major companies to call on world leaders, “to act with determination, leadership and ambition to secure an ambitious and legally binding global climate deal.”
Soybean production in Paraguay now takes up 80 per cent of cultivated land, displacing agricultural production by family farmers and indigenous populations and deepening inequality in acces
The World Bank and International Monetary Fund need to ditch the ‘trickle down’ economics of the past and lead the fight against inequality if they are serious about the new target to end extreme poverty by 2030.
Reacting to the conclusion of the European Council on the EU long-term budget, which is freezing EU anti-poverty aid at near current levels, Natalia Alonso, Head of Oxfam's EU Office, said:
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.
Reacting to remarks by new World Bank President Jim Yong Kim at the Brookings Institution in Washington today, Oxfam spokesperson Elizabeth Stuart said:
Speaking at the end of the Rio+20 UN Summit on Sustainable Development, Barbara Stocking, Chief Executive, Oxfam GB said: