2023-05-25 13:22:43

Oxfam: G7 Countries Owe the Global South More Than $13 Trillion in Development & Climate Assistance

A new Oxfam analysis released as the leaders of the Group of 7 nations met in Hiroshima, Japan, shows G7 countries collectively owe poor nations in the Global South more than $13 trillion in development and climate assistance. But instead, these countries are saddled with daily debt repayments of $232 million, deepening the global chasm of inequality. That debt burden “is essentially the money that could have been invested in education, in health, in gender justice programs, in ensuring safe drinking water, in climate resilience,” says Amitabh Behar, the interim executive director of Oxfam International, speaking from New Delhi.

Democracy Now! produces a daily, global, independent news hour hosted by award-winning journalists Amy Goodman and Juan González. Our reporting includes breaking daily news headlines and in-depth interviews with people on the front lines of the world’s most pressing issues. 

On DN!, you’ll hear a diversity of voices speaking for themselves, providing a unique and sometimes provocative perspective on global events.

Missed an episode?  Check out DN on FSTV VOD anytime or visit the show page for the latest clips.

#FreeSpeechTV is one of the last standing national, independent news networks committed to advancing progressive social change. 

#FSTV is available on Dish, DirectTV, AppleTV, Roku, Sling, and online at freespeech.org.

$13 trillion $232 million Amitabh Behar Democracy Now! Global South Group of 7 nations Hiroshima Japan New Delhi Oxfam analysis Oxfam International

Politics

The David Pakman Show

The David Pakman Show | Tommy Tuberville Stumbles on IVF Decision

The David Pakman Show | Tommy Tuberville Stumbles on IVF Decision

Democracy Now!

Democracy Now! | Children in are Dying of Malnutrition and U.S. Only Calls for a Six-Week Cease-Fire

Democracy Now! | Children in are Dying of Malnutrition and U.S. Only Calls for a Six-Week Cease-Fire

The Stephanie Miller Show

The Stephanie Miller Show | Don't Underestimate Women This Election Year

The Stephanie Miller Show | Don't Underestimate Women This Election Year

Democracy Now!

Democracy Now! | The Call for a Cease-Fire Results in the Tragic Loss of an Active-Duty Member.

Democracy Now! | The Call for a Cease-Fire Results in the Tragic Loss of an Active-Duty Member.

Related

Democracy Now!

Democracy Now! | President Biden Strikes with UAW and Writers Guild Reach A Tentative Agreement

Democracy Now! | President Biden Strikes with UAW and Writers Guild Reach A Tentative Agreement

Democracy Now!

Inmate P01135809: Trump Surrenders to Jail in Georgia, Booked on 13 Felony Counts

Inmate P01135809: Trump Surrenders to Jail in Georgia, Booked on 13 Felony Counts

Democracy Now!

Why No Insurrection Charge? Ralph Nader on How Trump Could Still Be Reelected Unless DOJ Acts

Why No Insurrection Charge? Ralph Nader on How Trump Could Still Be Reelected Unless DOJ Acts

Democracy Now!

NY Dems Pass Medical Debt Relief as Progressives Push to Expand Healthcare to Undocumented Residents

NY Dems Pass Medical Debt Relief as Progressives Push to Expand Healthcare to Undocumented Residents

Proud Partners