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Anti-corruption summit delivers underwhelming response to challenge set by Panama Papers
The package of measures announced by governments attending the anti-corruption summit in London today will not stop tax cheats said Oxfam. Politicians from over 40 countries, along with World Bank and IMF representatives, attended the conference. The anti-corruption summit announced a series of measures by different countries including commitments to set up central registries of…
Tax havens ‘serve no useful economic purpose’: 300 economists tell world leaders
Experts including Thomas Piketty, Jeff Sachs, Nora Lustig and Angus Deaton call for more tax transparency More than 300 leading economists from 30 countries have today written to world leaders warning that there is no economic justification for allowing tax havens to continue, and urging them to bring an end to offshore financial secrecy. The…
Latin America’s spring harvest is El Niño’s latest victim, putting millions at risk of malnutrition
Families across Latin America are running out of food and options as farmers report another failed harvest due to intense and unpredictable weather patterns compounded by El Niño. Already, El Niño has caused one of the worst droughts in the last few decades across Central America and the Caribbean in 2015. Food shortages are now…
Detention riots expose how EU is failing people fleeing to Greece
The riots in Moria closed facility in Lesbos on Tuesday expose how European Union policies are failing to deliver a fair and safe system for receiving people into Greece, warned Oxfam today. The asylum procedure is opaque and inconsistent and basic services in many camps and centers across the country need improving. Limited capacity within…