Tag: foreign aid

After the bombing, Gaza struggles to restart power, water, hospitals, markets and fishing for its 2.1m people

400,000 people in Gaza do not have access to regular water supply after 11 days of bombardment devastated electricity and water services and severely impacted the three main desalination plants in Gaza city, Oxfam warned today. Oxfam Country Director in the Occupied Palestinian Territory and Israel, Shane Stevenson said: “Every one of the 2.1 million people […]

COVID vaccines create 9 new billionaires with combined wealth greater than cost of vaccinating world’s poorest countries

At least nine people have become new billionaires since the beginning of the COVID pandemic, thanks to the excessive profits pharmaceutical corporations with monopolies on COVID vaccines are making, The People’s Vaccine Alliance revealed today ahead of a G20 leaders Global Health Summit. Key members of the G20, who meet tomorrow, including the UK and […]

Government’s cash splashing budget fails to address twin threats of global pandemic and climate change: Oxfam

Commenting on last night’s Federal Budget and its impact on aid, Oxfam Australia Chief Executive Lyn Morgain said:  “Treasurer Josh Frydenberg said this budget is about protecting Australians, but then failed to address the two biggest threats to our community: the global pandemic and climate change. “The Treasurer also said his Government is about providing […]

Pharmaceutical giants shell out billions to shareholders as world confronts vaccine inequality

Ahead of shareholder meetings for the giant pharmaceutical corporations, the People’s Vaccine Alliance calculates that Pfizer, Johnson & Johnson and AstraZeneca have paid out $26 billion in dividends and stock buybacks to their shareholders in the past 12 months. This would be enough to pay to vaccinate at least 1.3bn people, the equivalent of the […]

Yemen at tipping point as COVID-19 second wave hits amid renewed fighting and famine fears – Oxfam

Evidence is mounting that a second wave of COVID-19 is already underway in Yemen, Oxfam warned today, with a 22-fold increase in recorded cases in recent weeks. It comes at a time when it is feared renewed fighting will force hundreds of thousands of people to flee to safety. Oxfam said that a second spike […]

Oxfam welcomes support for PNG, but more needed

Oxfam Australia Chief Executive Lyn Morgain said: “Oxfam welcomes the Australian Government’s renewed focus on and support for our neighbours in Papua New Guinea, who are now facing a rapidly escalating crisis. “While the PPE and vaccines provided will help Papua New Guinea to respond to this outbreak, the needs on the ground vastly outweigh […]

Oxfam welcomes more than $500 million package for South-East Asia

Commenting on Prime Minister Scott Morrison’s announcement of a more than $500 million package for South-East Asia, Oxfam Australia Chief Executive Lyn Morgain said: “Oxfam warmly welcomes the Australian Government’s significant new investment of more than $500 million to support the development of our neighbours in South-East Asia. “The recognition of the importance of the […]

Companies’ profits soar by billions as poorest pay price of pandemic

Thirty-two of the world’s largest companies stand to see their profits jump by USD $109 billion more in 2020 as the coronavirus pandemic lays bare an economic model that delivers profits for the wealthiest on the back of the poorest, according to a new Oxfam report.  Power, Profits and the Pandemic, published ahead of tomorrow’s […]

Cyclone threatens Cox’s Bazar in Bangladesh as first Covid-19 cases are confirmed

Almost one million Rohingya people in the world’s largest refugee camp are facing the added threat of a cyclone as the first cases of Covid-19 are confirmed, Oxfam warned today. The cyclone, which looks likely to form off the coast over the weekend, could bring further suffering and destruction to the camps on top of a […]

Ceasefire and funding needed by two billion people caught between conflict & COVID-19: Oxfam

Oxfam has calculated that the US$1.9 trillion in 2019 global military spending would have paid for the UN’s updated coronavirus appeal more than 280 times, as the aid agency again calls for the Australian Government to contribute its fair share to the global pandemic response. A new Oxfam report, Conflict in the Time of Coronavirus, […]

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