Quarter of a billion people now face extreme poverty, warns Oxfam

Charity calls for debt cancellations for poorest countries to counter worst collapse into poverty and suffering in memory'

The rising price of food caused by Russia's invasion of Ukraine and increased energy costs could push a quarter of a billion more people into extreme poverty, Oxfam has warned.

The charity said these new challenges had piled on to the economic crises created by Covid, and called for urgent international action, including cancelling debt repayments for poorer countries.