California property values collapse as water shut-offs begin… wealthy community to go dry in days… real estate implosion now inevitable Wednesday, June 17, 2015

(NaturalNews) Water shut-offs have now begun in California, where government-ordered restrictions are starting to leave large communities high and dry. As CBS News is now reporting, the Mountain House community of 15,000 residents will run out of water in just a matter of days.

“The community’s sole source of water, the Byron-Bethany Irrigation District, was one of 114 senior water rights holders cut off by a curtailment notice from the state on Friday,” reports CBS.

And just like that, the property values of millions of dollars worth of homes belonging to 15,000 residents nosedives toward zero. Continue reading

Russia’s Putin eyeing military dominance in Central Asia amid water quarrels

Kyrgyzstan and Tajikistan are landlocked and mountainous countries—75% and 90%, respectively—in Central Asia. The countries’ mountains provide abundance of potable water, which feed the two major rivers of Central Asia.  The scarcity of other natural resources understandably results in Bishkek’s and Dushanbe’s attempts to use the water more wisely—building hydropower plants (HPP) for generating electricity.  Dushanbe is aiming at erecting the tallest dam in the world—a 335-meter (about 1,000 feet) tall concrete wall on the Vakhsh River (turns into Amu-Darya River).  Kyrgyzstan, meanwhile, is securing Russia’s backing in building a 275-meter dam on the Naryn River (turns into Syr-Darya River). Continue reading