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This article talks about an earthquake and the lack of water available.This article essentially talks about how the demand for water was high but the price remained therefore people with more use for the water werent able to get the resource; it; some needed it for baby formula whilst others for cleaning dishes. The writer argues that if the price of the water was raised, as it was scarce, then people with higher priorities wouldn't mind spending the extra money. Economist Eric Cramption then dismisses an argument against price allocating resources; the poor would get poorer. . 

Recent data published in a report shows how increasing climate change over the next several years will affect the melting of glaciers in the Himilayas. It is estimated that, at the current rate of change, by the year 2035 the glaciers will have disappeared entirely. This could worsen an already serious problem of water scarcity in the area, where a lack of drinking water and the means necessary to distribute what little water is present cannot meet the demands of local inhabitants; over 1.5 billion of them.

I think people understand the issue of glaciers, but they don't understand how important it is to act. People don't often think of glaciers as a source of water, but melting glaciers really does affect the amount of potential drinking water especially for inhabitants around the Himilayas.

I agree with Landon. Everyone acknowledges that melting glaciers are a big problem, but no one fully understands what the potential consequences are. For me, it's hard to take action because the problem seems so far away.

Water is something that is taken for granted in everyday life. This article informs us that water is becoming very scarce every single day because we are overusing water.

As you all know water is a necessity for us to survive in this planet, but sadly it is available to everyone as freely as it is to some people. According to the United Nations, by the year 2025, 1.8 billion people will be living in countries with absolute water scarcity.

I quite interested in the article because water scarcity is one of the most serious problem around the world. Scarcity is increasing rapidly form day to day and it will destroy the world if it keeps going. So Your explanation of article is short and very clear it is like a brief summary in 2 sentences.

Thousands Protest: This sub article talks about the high demand of water, these farmers are so poor and the only wealth they have is the water from these river streams which help them grow crops. With plans to build new coal power plants, these farmers are fearing the scarcity of water.

The article is all about scarcity which is one of the most important problem around the world nowadays. Because of global warning the water resources are less than the previous years if you compare them. Nothing is infinite in the world, all resources are scarce and everybody should take precautions to prevent the rise. The UN is arraying meetings to debate and find ways to save us and our world.

This article is interesting because it outlines how the scarcity of water affects all of us

The article mentions that in NEW DEHILI water is scarce. As a result Shaward Pawar , the agricultre minister has created new regulations to conserve water.

The prices of electricity and power has risen a lot the past few months in Bulgaria. The price increase from last summer was about 14%. People are complaining but they have no choice but the pay the bills. Even though there are three electricity companies, they are specified for each region. These were considered "regional monopolies."

interesting article from the economist that summarizes a fairly recent "monopoly-like" event. This article is the perfect example of monopolies in the real world, according to the article a bulgarian electrical company had been raising the prices on their own terms because they had a monopoly on the market. This will also be done in the future in the case of water. I also read somewhere else that france and britain own together all of the worlds fresh water so we can see that eventually monopolies will spawn everywhere

This article shows how although recycling paper seems to be good, there are some negative externalities of the production of recycled paper. Ink and chemicals used to remove it from the paper makes its way into water and can be very harmful.

This website is very interesting on not just a world scale, because most people have already heard of the food problems in the world, but as well on a local scale. Meaning the article talks about how the average human is contributing to this growing problem.

This article does a really good job at capturing the chain effect of changes in the world. An example is how they talk about how water shortage affects food shortages. People tend to overlook how much one disaster can cause many others.

I agree full heartedly with what Landon has said, as well as what you have said Miro, in regards to the chain affect of changes as well as the fact that understanding problems on a local scale is important. I know that we in Indiana have really been hit hard by drought this year, and we have seen first-hand how the lack of rainfall hurts everyone. The chain reaction of sorts begins with the farmers, who had a horrible growing season in Indy this year, and thus they passed on the cost to the consumer. We are having to pay noticeably more for all grown products this year, and it really is a testament to the harsh reality that is the chain affect that Landon mentioned, as well as a wake up call to all of us here that economic problems exist everywhere, and just because we live in a well developed place doesn't mean we are safe from them.

This article talks about the rising tensions in the middle east and its effect on the price of oil in the world. As the middle east supplies most of the world with oil, the recent demonstrations in Libya and Egypt, and the sanctions on Iran are causing oil prices to rise. The threat of higher prices due to the fact that only a few countries control the limited oil supply in the world is causing increased pressure on the United States to release their oil supplies.

I like how you identified that all of this forces the U.S. to consider releasing their oil supplies. Some problems with this are that it is currently not possible to do so in the areas where oil is most abundant. After the B.P. oil spill, the current administration put a time ban on all off-shore drilling and new construction. If this ban were to be lifted, companies like B.P., Shell, and Marathon would begin constructing new refinement plants and drilling facilities immediately, which would significantly reduce the price of oil at home. When some people here this, their inclination is to say "the government has good reason to do this, look at what happened in the gulf, it is better to ere on the side of caution," but the sad thing is, these companies have put forth revised safety plans as well as contingency plans that have all been approved, but legally, they can do nothing. The companies own the land / water as well, which in my mind makes the fact that they are prohibited to build on land that they own that has never been part of a reserve or park seem a tad bit anti-constitutional, but until the piece of legislation is overturned, prices will continue to rise.