The Weekly Wrap-Up

| March 22, 2015

Eyes on Obama, Money troubles, Uber victories, and The moon looks a little more appealing this week.

Words by Ryan Grice

With his second and final term rapidly approaching its end at the 2016 election, now is an excellent time for US president Barack Obama to be a little more candid with the world and maybe attempt to sneak in a few long term benefit reforms because hey, what has he got to lose? The president made headlines this week by announcing new plans to tighten the rules on all fracking performed in the United States in order to stem the increase of global warming, and by having a rather frank conversation with Vice magazine and news founder Shane Smith about a variety of topics including foreign policy, the aforementioned global warming, and the legalisation of marijuana. The president has always had a very unique social presence being featured on such shows as Between Two Ferns with Zach Galifianakis and on Jimmy Fallon’s The Tonight show, but the following 18 months may well reveal an even more unique, and honest, American leader.

Image: eurekarealtynetwork.com

Image: eurekarealtynetwork.com

It has been something of an awkward financial week for a few multi-national giants with Jaguar’s Land Rover having to publicly apologise and recall over 30,000 vehicles after apparently having ignored a sizeable number of customer complaints in China about the gear boxes in the new Evoque SUV’s (this is especially awkward as the company opened a £1bn factory in Shanghai in October), The Bank of New York Mellon not so quietly settled a fraud lawsuit filed by customers who were dishonestly overcharged for foreign exchange services to the value of $714m, and not taking the cake dollar-wise, but certainly stylistically,  American telecommunication company AT&T lost $40m after its lawyers forgot to read documents regarding a patent suit that was filed against them in what has been described as “excusable neglect” on the behalf of the company’s 18 lawyers responsible.

Image: weknowmemes.com

Image: weknowmemes.com

Surprising statistics put forward by The New York Taxi and Limousine Commission have revealed that the balance of registered Uber vehicles versus yellow cabs has flipped in favour of the former by an approximated count of 14,088 to 13,587. The number of rides taken with each provider still leans heavily towards the yellow cabs, but this may not hold for long, especially with a Uber victories in the courts of several countries. The main complaint that remains from a user point of view is Uber’s ‘surge pricing’ during particular periods and on the business side being that with the advent and expansion of Uber, it will be harder for cab drivers to make a living. The irony of this belief is that the majority of Uber’s surge pricing exists is for that very reason: the wages and continuing support of its drivers.

Image: bbc.co.uk

Image: bbc.co.uk

Naturally occurring tunnels commonly referred to as lava tubes are being suggested as a safe haven for a permanent moonbase on earth’s own moon. Scientist’s have estimated that tubes of at least 1km in size would be structurally sound and shield those attempting to live there from the moon’s harsh conditions and potentially frequent meteor showers. Purdue University in West Lafayette is responsible for pioneering the theory and have released a scaled poster showing an estimate of what could be…

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Category: FEATURED, Serious Section, Uncategorized

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