United States

De-risking’ refers to financial institutions closing the accounts of clients perceived as high risk for money laundering or terrorist financing abuse, namely money service businesses, non-profit organizations, correspondent banks and foreign embassies. This report explores the linkages between bank de-risking and the ascendance of the risk-based approach to anti-money laundering and countering the financing of terrorism (AML/CFT). 

The joint US-China statement on new domestic policy commitments and a vision for a global climate change deal underscores the importance the world’s two largest emitters place on solving the climate crisis, says Oxfam, but collective action is needed.

The European Commission is putting the interests of multinational drug companies above those of millions of people with no access to affordable life-saving medicines, warn Oxfam and Health Action International.

The Control Arms Coalition welcomed today’s signing of the Arms Trade Treaty by the United States.

On September 25, 2013, US Secretary of State John Kerry signed the Arms Trade Treaty (ATT).

Despite commitment to end AIDS, the US government is introducing stronger intellectual property rules through trade agreements and bilateral pressure that will undermine the fight against AIDS by devastating the ability of developing countries to access affordable anti-retroviral medicines.

Twelve major companies and sixteen high level retired Generals and Admirals call on President Obama and Secretary of State Clinton to lead the effort to establish an equitable, effective and accountable global climate fund at the UN climate negotiations in Cancun.

As climate negotiations in Tianjin, China, closed today, international development agency Oxfam said the outline of an agreement on a set of decisions at the Cancun summit in December are beginning to appear, but governments will need to work with real urgency to achieve real progress this year.

In reaction to the announcement that climate change legislation is delayed by the United States Senate, perhaps indefinitely, David Waskow of Oxfam, made the following statement: