The Daily Populous

Thursday April 11st, 2019 morning edition

image for Millennials being squeezed out of middle class, says OECD

Millennials in advanced economies around the world are being squeezed out of the ranks of the middle class, including in Britain, as pay growth stalls and house prices skyrocket, according to the OECD.

The snapshot of modern life for middle class households around the world suggests that younger generations are increasingly being denied similar opportunities to their parents.

As many as 70% of the baby boomers – born between 1942 and 1964 – were part of the middle class in their 20s, compared with 60% of millennials – born between 1983 and 2002 – at the same point in life, the OECD said.

While the situation in Britain has been less pronounced than the OECD average, with 63% of baby boomers, compared to 59% of millennials, the report found that families in the middle-income group had been squeezed.

The OECD recommended governments review and adapt the tax system, as well as reforms in housing and education to make it more accessible.

Angel Gurría, the OECD secretary-general, said: “Today the middle class looks increasingly like a boat in rocky waters.

“Governments must listen to people’s concerns and protect and promote middle class living standards. »

The first picture of a black hole opens a new era of astrophysics

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A world-spanning network of telescopes called the Event Horizon Telescope zoomed in on the supermassive monster in the galaxy M87 to create this first-ever picture of a black hole.

EHT trained its sights on both M87’s black hole and Sagittarius A*, the supermassive black hole at the center of the Milky Way.

PICTURING A BLACK HOLE The Event Horizon Telescope has given us the first real picture of the supermassive black hole at the center of galaxy M87. »

Online ID Change on PSN: Your Questions Answered

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We’re excited to announce that the online ID change feature on PSN is officially launching to all PlayStation 4 owners later today.

You’ll also be able to change your online ID via a web browser, and that feature will also be available starting today.

All PS4 games originally published on or after April 1, 2018 have been developed to support the online ID change feature. »

Astronomers Capture First Image of a Black Hole

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Astronomers Capture First Image of a Black Hole.

The image reveals the black hole at the centre of Messier 87 [1], a massive galaxy in the nearby Virgo galaxy cluster.

[1] The shadow of a black hole is the closest we can come to an image of the black hole itself, a completely dark object from which light cannot escape. »