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The Latest Breaking News from Oxfam

The great power gap: Billionaires are 4,000 times more likely to hold office than you are, and Oxfam warns it’s ruining democracy

“We actually do face a moment in which there is a fundamental choice between oligarchy and democracy,” Oxfam America senior director of economic justice Nabil Ahmed said.

Fortune

This Davos-Inspired £1 Million Pint Has People Furious — Here's Why

Oxfam's pop-up pub charged billionaires £1 million per pint to highlight record wealth inequality as global protests surge and UK households face ongoing cost-of-living pressures.

International Business Times UK

First Thing: ‘I no longer feel an obligation to think purely of peace,’ says Trump amid Greenland threats

Donald Trump links Greenland seizure threats to Nobel snub in letter to Norway’s prime minister. Plus, unseen home video of Martin Luther King Jr

The Guardian - UK

From analysis to the latest developments in health,
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Billionaire wealth at new high, Oxfam warns of political influence ahead of Davos

The fortunes of the world’s ultra-rich have surged to a record high and now pose political threats, warns Oxfam’s annual report on billionaires released ahead of the World Economic Forum at Davos, which opens Monday.

Radio France Internationale

Billionaire wealth jumps to highest ever at $18.3 trillion as Oxfam warns of ‘dangerous inequality’

The total number of billionaires in the world has now reached 3,000 for the first time ever, while nearly half of the world’s population lives in poverty, the report says

The Independent UK

‘Brazen’ political influence of rich laid bare as wealth of billionaires reaches $18.3tn, says Oxfam

Governments opting for oligarchy while brutally repressing protests over austerity and lack of jobs, charity report says

The Guardian - UK

Australian billionaires increased their wealth by almost $600,000 a day on average over last year, report shows

Data collected by Oxfam shows 48 billionaires hold more wealth than bottom 40% of the population – 11 million people – combined

The Guardian - AU

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Oxfam trustee quits board over ‘cruel’ treatment of ex-boss

Balwant Singh calls for regulatory intervention after Halima Begum was forced out as chief executive

The Guardian - UK

First Thing: Trump weighs ‘very strong’ military options against Iran as death toll of protesters climbs

US president claims ‘Iran wants to negotiate’ as rights groups report that regime’s crackdown on protest has killed hundreds. Plus, how Grok’s nudification tool went viral

The Guardian - UK

Charity shop staff ‘thrilled’ as rare edition of The Hobbit fetches £3,000

The edition of JRR Tolkien’s much-loved classic was among a pile of old children’s books donated to the Oxfam bookshop in Stirling.

Evening Standard

Richest 1% have ‘blown through’ their carbon budget for 2026 in just 10 days - experts warn

Governments are being pressured to ban carbon-intensive luxury items and tax fossil fuel profits to meet climate targets.

Euronews

World’s richest 1% have already used fair share of emissions for 2026, says Oxfam

Richest 1% took 10 days while wealthiest 0.1% needed just three days to exhaust annual carbon budget, study shows

The Guardian - UK

‘I gave birth to my child to the sound of shelling’: Inside Gaza’s maternity crisis

Mothers have been left without maternity care and report breast milk drying up thanks to rising malnourishment, Maira Butt writes. Now, 100 leading figures of the arts are calling for action

The Independent UK

International aid groups grapple with what Israel's ban will mean for their work in Gaza

Israel has revoked the licenses of more than three dozen humanitarian organizations, and now those groups are grappling with how that will affect aid operations in Gaza

The Independent UK

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Euronews

Israel says it 'will enforce' ban on 37 NGOs in Gaza

Israel will enforce a ban on 37 international NGOs in the Gaza Strip, citing failure to meet security and transparency standards.

The Guardian - US

Billionaires added record $2.2tn in wealth in 2025

Just eight billionaires accounted for a quarter of the gains, led by Elon Musk, Jeff Bezos, Larry Ellison and Larry Page

The Independent UK

UK accused of breaking key aid promise as cuts drive humanitarian crisis in South Sudan

IN FOCUS: Britain is accused of undermining a key aid pledge to support Sudan after failing to maintain the flow of aid as refugees flee to South Sudan, reports Nick Ferris. Stories from the border between the two countries reveal just how devastating the cuts have been

The Guardian - UK

Gaza no longer in famine but hunger levels remain critical, UN says

Monitor says almost one in eight people face food shortages as flooding and cold exacerbate humanitarian emergency

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The Independent UK

Row erupts at Oxfam after chief executive forced out

Ousting brings charity’s internal factionalism into public view

The Guardian - UK

Infighting breaks out over departure of Oxfam chief executive Halima Begum

Split emerges among members of board of trustees over circumstances of charity boss’s exit from organisation

The Guardian - UK

Velvet, tartan and puff sleeves: 22 sequin-free party looks for Christmas and beyond

Sequins shed, pollute and rarely get worn. From peplum to ribbons, here are the festive alternatives that bring all the glamour and none of the damage

Benzinga

No Country Can Contain A Trillionaire: What The New Wealth Class Means For Global Power

The world has never seen a trillionaire. But according to recent projections, that milestone may be closer than most people think — and experts say it could reshape politics, national security, and the balance of global power.

The Guardian - UK

The best Christmas baubles in the UK: 28 delightful decorations, from baked beans to tinned fish

Want a Christmas tree that stands out? This year’s decorations are wonderfully wacky (and entirely glitter-free)

GOBankingRates

How the Wealth of the 5 Richest People in 2000 Compares With the 5 Richest in 2025

How much has really changed since 2000? Discover how the richest people’s fortunes surged 729% in 25 years -- and why Elon Musk now towers over them all.

Benzinga

Elon Musk, Mark Zuckerberg And Other Top US Billionaires Add $698 Billion Amid Soaring Inequality — Could Trump's Policies Create First Trillionaire?

America’s richest are pulling even further ahead. In the past year alone, the 10 wealthiest U.S. billionaires added $698 billion to their fortunes — a surge that underscores the wealth divide in the world’s top economy.

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