The Future of Black Hole Photography: What’s Next for the Event Horizon Telescope

The Event Horizon Telescope, a planet-scale array of eight ground-based radio telescopes forged through international collaboration, captured this image of the supermassive black hole in the center of the galaxy M87 and its shadow. (Image: © EHT Collaboration) The researchers who captured the first-ever images of a black hole don’t plan to rest on their laurels. Yesterday (April 10), the Event Horizon Telescope (EHT) collaboration announced that it had photographed the contours of the supermassive black hole at the heart of M87, a huge elliptical galaxy that lies 55 million light-years from Earth. Those…

India’s top court voided rules meant to resolve bad debt. That’s not good for banks, Moody’s says

Ratings agency Moody’s said a new ruling from India’s top court that voided guidelines about how lenders should resolve their bad debts is potentially bad news for Indian banks. On Tuesday, the Supreme Court said India’s central bank exceeded its authority when it tightened those guidelines last February. As a result, the top court declared the rules “to be of no effect in law.” The Supreme Court in its ruling struck down everything tied to the original Reserve Bank of India guidelines: “Consequently, all actions taken under the said circular, including actions…

When Philanthropists’ Reputations Become Problematic For Art Institutions

The National Portrait Gallery in London. In today’s age of easily searchable family histories on the internet and even more easily waged ethical campaigns via social media, charities and specifically, art museums with their public-facing nature, have to more seriously scrutinize where their donations come from. This idea has recently come to the fore in the UK and the US. In the wake of protests by artist and photographer Nan Goldin and decisions to forego donations on the part of galleries and museums, The Sackler Trust decided to pause all philanthropic…