The Stream, June 9: Water Markets

Major American universities are using endowment funds to buy or lease vast areas of African farmland in deals, some of which may force people off their land, the Guardian reports.

About 370 water tanks will be sent to Japan’s crippled Fukushima nuclear plant to hold more than 40,000 tons of radioactive water, AFP reports. Workers at the plant are now focusing on setting up a water reprocessing facility to start cleaning the contaminated water.

Heavy rainfall since last Friday has brought some relief from a dire drought in the Yangtze River but also caused flooding in at least two southern provinces, according to The New York Times.

New study by Citigroup Global Markets forecasts a future in which water is an asset and water-related securities are traded widely on global exchanges, Forbes reports.

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