Why millennials are facing the scariest financial future of any generation since the Great Depression.
The result is that millennials of color are even more exposed to disaster than their peers. Many white millennials have an iceberg of accumulated wealth from their parents and grandparents that they can draw on for help with tuition, rent or a place to stay during an unpaid internship. According to the Institute on Assets and Social Policy, white Americans are five times more likely to receive an inheritance than black Americans—which can be enough to make a down payment on a house or pay off student loans. By contrast, 67 percent of black families and 71 percent of Latino families don’t have enough money saved to cover three months of living expenses.
One last push to end South Sudan’s deadly civil war
Ending the war in South Sudan must be at the very top of African leaders’ political agendas. It is a catastrophe for the entire continent, and our region’s biggest refugee crisis. It is a shameful failure of leadership in Africa.
The FCC just killed net neutrality
So what can you expect to change now that net neutrality is over? Not all that much — not overnight, at least. Rather than large swaths of the internet suddenly becoming unavailable or only offered for a fee, internet providers will likely continue to explore subtler methods of advantaging themselves and their partners, like offering data to use certain services for free or speeding up delivery of their own content.
These are things that may initially sound good. But in the long run, they disadvantage upstarts that don’t have the money to pay up. The problem is that, eventually, we may not know what products and services we missed out on because they never made it through the mess
Martial Law Extended For Another Year In Southern Philippines
Martial law, which extends military authority and allows for warrantless arrests and heightened surveillance, was declared in Mindanao after local militants laid siege to the city of Marawi in May. The battle that ensued between the ISIS-linked Islamists and Philippine security forces lasted five months, displaced over half a million people and left more than 1,100 people dead.