The world’s richest 1% increased their wealth by more than $33.9 trillion in real terms since 2015, reveals new Oxfam analysis ahead of the world’s largest development financing talks in a decade, in Seville, Spain.
Almost a billion of us go to bed hungry every night. Not because there isn’t enough food for everyone, but because of the deep injustice in the way food is produced and accessed. | OXFAM.
This is more than enough to eliminate annual poverty 22 times over at the World Bank’s highest poverty line of $8.30 a day.
The wealth of just 3,000 billionaires has surged $6.5 trillion in real terms since 2015, and now comprises the equivalent of 14.6% of global GDP.
(UN News)* — A decade after the adoption of the Sustainable Development Goals (SDGs), development is facing serious headwinds – including what UN officials describe as a “silent crisis” of surging debt service payments in low-income countries.
—Helping those with less isn’t charity – it’s a shared investment in a better future. Yet global development financing is under strain. An upcoming UN conference in Sevilla, Spain, aims to change that by mobilizing large-scale investment for a more just and sustainable world.
(UN News)* — According to the United Nations, the world needs an extra $4 trillion every year to tackle some of the world’s biggest challenges – ending poverty and hunger, fighting climate change, and reducing inequality.
23 June 2025 — Asia is currently warming nearly twice as fast as the global average, fuelling more extreme weather and wreaking a heavy toll on the region’s economies, ecosystems and societies, according to the World Meteorological Organization (WMO).
Up to 40% of all land area worldwide already considered degraded.
Healthy land underpins thriving economies, with over half of global GDP dependent on nature. Yet we are depleting this natural capital at an alarming rate: every minute, the equivalent of four football fields is lost due to land degradation.
.
A young boy herds his families cattle in the dry and desolate lanscape of the city of Tawaila in Northern Darfur. UN Photo/Fred Noy.
.
This drives biodiversity loss, increasing drought risk and displacing communities. The ripple effects are global—from rising food prices to instability and migration.
Dawood is 19 years old and living in a crowded Rohingya refugee settlement in Bangladesh. He says his life is shattered.
In February 2024, the Myanmar military conscripted Dawood and other Rohingya men and boys to fight the Arakan Army, an ethnic armed group, in Rakhine State. They received little or no training, and dozens were killed or injured.
MONTEVIDEO, Uruguay, Jun 16 2025 (IPS)** – At a White House meeting, presidents Nayib Bukele and Donald Trump exchanged praises and joked about mass incarceration while discussing an unprecedented agreement: the USA would pay El Salvador US$6 million a year to house deportees – of any nationality, potentially including US citizens – in its Centre for Terrorism Confinement (CECOT), a notorious mega-prison.
Credit: Kevin Lamarque/Reuters via Gallo Images
This agreement marked the evolution of Bukele’s authoritarian model from a domestic experiment to an exportable commodity for strongmen worldwide.
ALBERTA, Canada, Jun 13 2025 (IPS)* – Aid cuts could cost millions of lives and leave girls, boys, women and men without access to enough food, water, education, health treatment.
.
Credit: United NationsThe 51st G7 summit is scheduled to take place 15-17 June 2025 in Kananaskis, Alberta, Canada. The G7 consists of seven of the world’s largest developed economies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States plus the European Union (EU), a non-enumerated member.
G7 countries are making deliberate and deadly choices by cutting life-saving aid, enabling atrocities, and reneging on their international commitments.
—Famine is defined as “extreme food deprivation” by the Integrated Food Security Classification, or IPC, the global hunger monitoring body. It is at the extreme end of IPC Phase 5, the highest hunger level under the IPC’s classification. Not all IPC 5 areas are in famine.
WFP food assistance arriving in Sudan’s North Darfur State, where pockets of famine have been confirmed. Photo: WFP/Mohamed Galal
Famine is rare, predictable and – with the right resources, political will and action – preventable.Vulnerable population groups such as young children, pregnant and nursing women and displaced people are most at risk of hunger emergencies.
Once a famine is declared, many people have already died of starvation, and it’s hard to slow it down.
HUMAN WRONGS WATCH 