The Stream, November 28: Drought in Mexico

Mexico’s worst drought in seven decades is battering farmland in almost 70 percent of the country and threatening to further cut corn production, Reuters reported.

Down Under, floods have isolated hundreds of properties in northwestern New South Wales, according to ABC Australia.

Oil and gas companies have purchased at least 500 million gallons of water this year from cities and water districts for hydraulic fracturing along the Front Range in Colorado, The Denver Post reported.

Iceland has rejected a Chinese billionaire’s bid to buy 300 square kilometers of land amid concerns that the sale would give Beijing a strategic foothold in the North Atlantic and worries that Iceland might be selling its national resources too cheaply, The Financial Times reported.

Protesters against Newmont Mining Corp’s proposed $4.8 billion Conga gold mine in Peru have attacked the company’s installations for the second time in a month, as the government is trying to mediate a bitter environmental dispute over the project, Bloomberg Businessweek reported.

How are food and financial crises interlinked?

The Stream is a daily digest spotting global water trends. To get more water news, follow Circle of Blue on Twitter and sign up for our newsletter.