inequality

This isn’t the time to remain silent, silent ally, this is the time you should reach out to your neighbors, friends, colleagues of color and learn and educate yourself on their lived experiences in your country, because the truth of the matter is that racism is everywhere.

Every country in the world is experiencing an economic shock as a result of the Coronavirus crisis, and all governments must act now to protect their people from destitution. Unless dramatic action is taken to shore up the economies of developing countries, the crisis could push as many as half a billion people into poverty.

The coronavirus threatens to take many millions of lives and push billions more into poverty. Oxfam proposes two things that the G20 and other leaders can do now: develop a global public health plan and emergency response to tackle the disease head on; and create an economic rescue plan to cope with the huge economic costs precipitated by this virus. 

The world’s 2,153 billionaires have more wealth than the 4.6 billion people who make up 60 percent of the planet’s population, reveals a new report from Oxfam today ahead of the World Economic Forum (WEF) in Davos, Switzerland.

The World Bank today announced that 52 donor countries have committed to an $82 billion package for the 19th replenishment of the International Development Association (IDA19), the Bank’s fund for the world’s poorest countries.

The World Bank’s Compliance Advisor Ombudsman (CAO) announced today that it will launch a formal investigation into investments made by the International Finance Corporation (IFC) in for-profit multinational school chain Bridge International Academies.

Under this new proposal, companies’ profits and their ability to shift them offshore will barely be affected and consequently developing countries will only see a very small increase in their corporate tax revenues. 

Across the developing world, a child from a poor family is seven times less likely to finish secondary school than a child from a rich family, according to a new report published by Oxfam today.

This report, co-written by the Economic Commission for Latin America and the Caribbean (ECLAC) and Oxfam, seeks to show why it is urgent that the effectiveness of tax incentives is reviewed and assessed, in order to guarantee the rights of citizens.