From Washington to Davos, the ranks of billionaire elites grow
Billionaires' wealth 'surged' by $2 trillion in a year, while 44% of the world population lives on less than $6.85 a day.
Oxfam International
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The war in Gaza is permanently disabling thousands of children
For disabled kids and their families, navigating forced displacements amid the rubble is a life-or-death challenge.
G-20 finance ministers agree higher taxes on super-rich are a priority
A proposed 2% minimum tax on billionaires will be taken up at Brazil's G-20 Leaders' Summit in November.
Wars, climate, trade top global challenges for leaders at Davos
More than 2,800 leaders from 120 countries were expected at the World Economic Forum gathering this week.
World on track to breach Paris treaty and head to almost 3° C. of warming
Emissions must decrease 42% by 2030 to keep the 1.5° target alive. Instead, they're expected to rise 3% by then.
War overshadows calls for more IMF and World Bank funding for Africa
Multilateral bank leaders said the world faces a global 'polycrisis' affecting development at an unprecedented scale.
For many of the world's poorest nations, economic outlook is bleak
As interest rates soar and the economy slows, the World Bank sees an 'enduring setback' for many developing economies.
Hunger from climate, conflicts and rising prices hits developing world
With 50 million 'a step away from starvation,' humanitarian groups calculate a person dies of hunger every four seconds.
WTO delays IP waiver proposal for pandemic
A proposal for WTO to suspend IP protections of COVID-19 vaccines and treatments is set to expire this month, kicking the issue over to 2021.
G-20 agrees to 'common framework' for debt relief
The G-20 major economies agreed to a framework for more debt relief among poor nations, responding to appeals from humanitarian and economic leaders.
Experts urge G-20 to outdo debt suspensions
Experts cautioned a move by the world's richest countries to give the poorest ones more time to pay off debts will not do enough to alleviate massive suffering.
Organizations call on G-20 to cancel debts
Four anti-poverty international organizations called on G-20 finance ministers to cancel debts in poor nations so they can deal with the COVID-19 pandemic.
Chronic hunger threatens 130 million more
The number of people not getting enough nutrition rose by 60 million since 2014 — and the pandemic may add up to 132 million more this year.
E.U. and U.N. donor summit pledges 78% of the aid sought for Syrians
Pledges of €6.9 billion will be used to help people displaced inside Syria and refugees who fled to neighboring countries.
Oxfam forced to shutter aid in 18 nations
Oxfam International it will shed almost 30% of its global staff and pull up stakes in 18 nations due to financial hardship.
UNAIDS dismisses #MeToo whistleblower
A whistleblower whose sexual assault probe upended UNAIDS was fired over misconduct claims in what she believes is "a blatant act of retaliation."