Subject: economics

27 Articles

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Tackle tax dodging to turn back rising tide of inequality, Oxfam tells G20

Tackle tax dodging to turn back rising tide of inequality, Oxfam tells G20

More than a third of the additional wealth generated by the G20 during the Australian Presidency has gone to the top one per cent, Oxfam revealed today as it called on the G20 to take urgent action...

World trapped by 'Toxic Triangle' that puts profit for the few ahead of a sustainable future for all

People around the world are trapped in a 'toxic triangle' made up of short-term financial investors, timid governments and fossil fuel companies, which threatens to push up  global temperatures,...

Oxfam response to Credit Suisse Global Wealth report showing rising inequality

Credit Suisse's annual Global Wealth Report, published today, reveals that wealth inequality continues to grow; the top 1% now own 48.2 percent of global wealth, up from 46 percent last year....

Coalition on carbon pricing welcome but no ‘silver bullet’ unless revenues help world’s poorest – Oxfam

Oxfam welcomes today's announcement by the World Bank Group on a new Carbon Pricing Leadership Coalition, made of 73 countries and more than 1,000 companies and investors. The coalition...

Oxfam reaction to G7 summit outcomes

Energy security, climate change and the global economy were among the main topics the G7 leaders addressed during the Brussels summit, but Oxfam says what's needed is a stronger steer from leaders.  ...

Oxfam response to the Queen's Speech

Responding to the announcement in the Queen's Speech of legislation to set up a public registry of beneficial ownership, Sally Copley, Oxfam's Head of UK Policy, said: ...

Challenge to World Bank and IMF to get serious about extreme inequality

Global wealth inequality threatens economic and social viability. Following Oxfam's January report revealing that just 85 people owned the same wealth as the bottom half the world's population,...

Rigged rules mean economic growth is increasingly 'winner takes all' for rich elites

Wealth of half world's population now same as that of group who could fit on a double-decker bus. Wealthy elites have co-opted political power to rig the rules of the economic game, undermining...

Oxfam reacts to Barclays last minute extension to Somali remittance closures

In response to Barclays move to extend the closure of one major Somali money transfer organisation, Oxfam's Director of Campaigns and Policy, Ben Phillips, said:  "Barclays'...

Oxfam reaction to Barclays closing last remittance accounts to Somalia

Today in response to Barclays bank closing its final remittance accounts from the UK to Somalia, Oxfam's Director of Campaigns and Policy, Ben Phillips, said: "Today is a bleak day...

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