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America's middle class families aren't the only ones having a tough time these days.Middle-income households are disappearing in developed countries around the world, according to a new report by the Organisation for Economic Co-operation and Development.The study, titled "Under Pressure: The Squeezed Middle Class," laid out a litany of problems affecting middle-income households. And it warned that this could have serious consequences for nations' economic growth and social fabric."Today the middle class looks increasingly like a boat in rocky waters," said OECD Secretary-General Angel Gurría. "Governments must listen to people's concerns and protect and promote middle-class living standards."The middle class has been under stress for years, helping fuel the rise of progressive Democrats in the United States, who are seeking to increase taxes on the rich to provide a stronger safety net — including universal health care. But while many presidential candidates point to Europe as a model, the OECD report shows that problems exist there too.The share of people in middle-income households in developed countries fell from 64% in the mid-1980s to only 61% by the mid-2010s. However the declines were larger in several countries, including the United States, Israel, Germany, Canada, Finland and Sweden.In the United States, just over 50% of the population is middle class, much smaller than most other developed countries.The report considers households earning between 75% and 200% of the median national income as middle class.Higher costs, less incomeRising income inequality is part of the reason for the trend. Over the past 30 years, median incomes in OECD countries increased a third less than the average income of the richest 10%, the report found.At the same time, costs are going up faster than inflation in the world's richest economies — making it harder for the middle class to keep up. Home prices, in particular, have been growing more than a third faster than median household income in recent decades. The middle class spent 32% of their budgets on housing in 2015, compared to 25% in 1985.More than one in five middle-income households spend more than they earn.The middle class has also been losing economic clout in OECD countries, which could ripple through societies. The total income of this group was about four times that of upper-income households in 1985. Thirty years later, the ratio fell to less than three."The investment of the middle class in education, health, and housing, their support for good quality public services, their intolerance of corruption, and their trust in others and in democratic institutions, are the very foundations of inclusive growth," the report said.Millennials struggle to make itYounger people are having a harder time achieving middle class status than those in previous generations. Being middle class once meant living in a comfortable house and affording a rewarding lifestyle, thanks to a stable job with career opportunities, the report said. It was also a basis from which families aspired to an even better future for their children.Close to 70% of the baby boomers were part of the middle class when they were in their 20s, compared to nearly 64% of Gen X but only 60% of millennials. Baby boomers also enjoyed more stable jobs during their working life than younger generations.Job insecurity is on the rise as labor markets transform amid increasing globalization and technological use. One in six current middle-income jobs face high risk of automation."These trends paint an uncertain picture for workers with middle incomes, in particular, those with low-medium skills in routine jobs," the report said.The OECD offers some suggestions for addressing the middle class squeeze, many of which match the talking points of progressive US candidates. They include lowering taxes on the middle class and increasing them on the wealthy, developing more affordable housing, helping young adults build wealth, containing the cost of education, child care and health and improving workers' skills and training.The-CNN-Wire? & ? 2019 Cable News Network, Inc., a Time Warner Company. All rights reserved. 4198
Alan Turing, a crack code-breaker and visionary mathematician who was convicted under Victorian-era homophobic laws, will be the face of Britain's new £50 note.Bank of England Governor Mark Carney announced Monday that Turing, who killed himself in 1954 after he was subjected to chemical castration, will appear on the new polymer note by the end of 2021.In a statement, Carney lauded the Englishman as an "outstanding mathematician" and "a giant on whose shoulders so many now stand.""As the father of computer science and artificial intelligence, as well as war hero, Alan Turing's contributions were far ranging and path breaking," the central banker said.Turing is best known for his work at Bletchley Park, where UK cryptologists sought to decipher messages sent by the Nazis. His efforts to crack Germany's Enigma code were the subject of the 2014 film "The Imitation Game."He also played a pivotal role in developing computers, and early thinking about artificial intelligence.In 1937, he published a paper introducing an idea that came to be known as the Turing machine, which is considered to have formed the basis of modern computing. This was a hypothetical device that could come up with a solution to any problem that is computable.The note's design reflects Turing's work. It features a ticker tape of binary code that spells out his birthday (June 23, 1912), and depicts the "British Bombe" machine that helped break the Enigma code.It also includes a quote Turing gave to The Times newspaper in 1949: "This is only a foretaste of what is to come, and only the shadow of what is going to be."Supporters have long campaigned for Turing to receive greater recognition for his work and official acknowledgment that his conviction for homosexual activity was wrong.Two years after choosing castration to avoid a custodial sentence, he ended his life at the age of 41 by eating an apple laced with cyanide.Sex between men over the age of 21 was decriminalized in England and Wales in 1967. However the law was not changed in Scotland until 1980 and in Northern Ireland until 1982.British Prime Minister Gordon Brown apologized for Turing's treatment by the justice system in the 1950s after thousands of people signed a petition in 2009.He received a royal pardon in 2014. 2295

A romance scam has claimed another victim, a woman hoping for some companionship, but whose Mr. Right turned out to be all wrong.Petronica Williams thought she found the man of her dreams on Instagram, a great looking, New York City-based fitness trainer."He inboxed me on Instagram," Williams said, "saying 'hey gorgeous, I want to get to know you.' "Her Romeo sent videos, showing him training some of the stars of the VH1 reality show "Love and Hip Hop." Williams couldn't believe he was interested in her, but he was.She says their messaging got more and more intense, and he wanted her to come to his fitness studio in New York. Unfortunately, first he had to go to Africa on a short assignment.That's when trouble developed.New friend needs money to get home"He said he was over there working as a fitness trainer on a contract," Williams said. "But he was stranded and needed a way to get home."He needed money fast -- specifically 0 for a plane ticket home from Africa. He promised to return the money to her as soon as he got back to the U.S.So a love-struck Williams wired it to him through MoneyGram, and figured he was on his way.But he soon messaged her again, saying the Republic of Benin, in West Africa, would not let him leave unless he paid his income taxes first."They won't let me go home because I owe ,500 in taxes," the trainer messaged her.Before Williams took the time to realize what she was doing, she said, "I sent him a total ,076." Only after he stopped texting her back did she start suspecting she had been duped, that her fitness trainer may have been conning her from West Africa all along. 1644
All unaccompanied migrant children housed at a controversial south Florida facility have been removed, the federal Administration for Children and Families said Saturday.The Homestead facility, south of Miami, sheltered about 14,300 children since it was activated in March 2018 to house unaccompanied minors apprehended by the US Department of Homeland Security, officials said.The facility came under fire for what immigration activists described as unsuitable conditions for children. It also became a popular stop for Democratic presidential candidates and protesters clamoring for its closure.As of Saturday, no children were housed at the temporary facility, Evelyn Stauffer, a spokeswoman with Administration for Children and Families (ACF), said in a statement. Their relocation was first reported by the Miami Herald.Stauffer said the children housed at Homestead had been either reunified with a sponsor or have transferred to state facilities.ACF is a division of the US Department of Health and Human Services, which is responsible for the care and custody of children 17 years old and under who are unaccompanied and have no lawful immigration status.The Homestead facility will remain open, however, reducing bed capacity from 2,700 beds to 1,200."We anticipate an uptick in the number of referrals made to HHS this fall, based on historical trends," Stauffer said in the statement.Immigration activists had for months pushed for the closure of the sprawling compound, which is tucked behind a chain link fence.In June, Massachusetts Sen. Elizabeth Warren attempted to visit the complex but said she was not allowed to enter. After standing atop a ladder with a hat and sunglasses to wave to children behind the fence, she said they were "being marched like little soldiers, like little prisoners ... This is not what we should be doing as a country."Other presidential candidates followed.Immigration advocates complained the minors were not allowed to hug and had limited access to phones to call their parents.The Homestead facility is 2065
A son of Osama bin Laden is emerging as a leader in al Qaeda, the US State Department says, and it's willing to pay up to million for information on his whereabouts.Hamza bin Laden, whose father was killed by US Navy SEALs in Pakistan in 2011, is taking the reins of the terror group, 300
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