Tag: poverty

Failure to vaccinate globally could cost each Australian more than $1300 this year

Rich countries must open the way to cheaper mass-produced COVID-19 vaccines to protect every person in the world and avert a $9 trillion “worst case” global economic catastrophe, Oxfam has warned. Oxfam analysis of recent International Chamber of Commerce figures – that highlighted the flow-on economic impacts of trading partners not having the same level […]

Two-thirds of epidemiologists warn mutations could render current COVID-19 vaccines ineffective in a year or less

Epidemiologists, from some of the world’s leading academic institutions, delivered a stark warning today of the risk the world is taking by failing to ensure all countries have sufficient vaccines to protect people from COVID-19. In a survey of 77 epidemiologists from 28 countries, carried out by The People’s Vaccine Alliance, two-thirds thought that we […]

Charities urge global ambassadors to reject Mathias Cormann’s OECD bid

Some of Australia’s biggest humanitarian and environmental organisations have called on diplomats and leaders around the world to reject Mathias Cormann’s bid for Secretary-General of the OECD in a joint letter released today. The letter, signed by the heads of major Australian and international charities is addressed to the head of the search committee and […]

Poorest bear economic brunt of pandemic while billionaires’ fortunes boom: Oxfam

Australia’s 31 billionaires have seen their fortunes increase by nearly $85 billion since the global COVID-19 pandemic was declared, Oxfam has revealed on the opening day of the World Economic Forum’s Davos Agenda meetings. Analysis shows that the staggering increase would be enough to give the 2.5 million poorest Australians a one-off payment of just […]

Oxfam congratulates Australian fashion brands on living wage milestone

Oxfam has congratulated Best & Less, Country Road, David Jones and Hanes (Bonds) on their progress towards ensuring payment of living wages to garment workers in their supply chains after the brands this week publicly committed to separate out – or ringfence – labour costs in price negotiations with their suppliers. In committing to this […]

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 […]

One month since Beirut blast and thousands can’t afford a front door

One month since the massive blast in Beirut, tens of thousands of vulnerable people are unable to rebuild their homes, with a single front door costing two months’ worth of a minimum-wage salary, Oxfam warned today. Longstanding inequality, massive inflation and COVID-19 have compounded this humanitarian disaster for tens of thousands, making it almost impossible […]

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