Global: G20 should ensure recovery fights poverty

World leaders have an historic opportunity to reform the global economy to ensure that the one in six people who live in extreme poverty benefit from economic recovery, international agency Oxfam said today ahead of the G20 summit in Seoul. Oxfam is calling on the G20 to forge a new Seoul Development Consensus to replace the failed Washington Consensus of the past. The new consensus should combine financial support for health, education and poor farmers in developing countries with action to make the global economy work in the interests of poor countries.