Here is the Wikipedia article:
https://en.wikipedia.org/wiki/Cape_Town_water_crisis
Google News might be the best source for the most up-to-date information.
The first two links in the Wikipedia article are useful.
http://ewn.co.za/2018/01/23/day-zero-brought-forward-ct-officials-prepare-for-worst
https://www.news24.com/SouthAfrica/...-wwf-helps-you-understand-the-basics-20180119
However at the time of writing:
* "Day zero", when (most of) the city's water taps will be turned off is now scheduled to be April 12.
* On that date, residents will have to attend one of 200 distribution points to collect their maximum allocation of 25 litres of water per person per day.
* Specific details of how the 25 litre limit will function remain unclear:
https://www.timeslive.co.za/news/so...day-zero-work-dont-ask-the-city-of-cape-town/
* There will be some exemptions - water will still be available from taps in hospitals and in the CBD area.
***********************
With that background out of the way, can anyone think of any way to trade ("play") this ongoing event?
The only idea I can think of is to short Cape Town property, and its proxies (eg. banks). However I am not sure about how to put that into practice.
***********************
Guys, this thread is about the economic aspects of the situation, and I created another thread on the topic to discuss the politics of it.
Please take all the political discussion there. Thanks.
https://en.wikipedia.org/wiki/Cape_Town_water_crisis
Google News might be the best source for the most up-to-date information.
The first two links in the Wikipedia article are useful.
http://ewn.co.za/2018/01/23/day-zero-brought-forward-ct-officials-prepare-for-worst
https://www.news24.com/SouthAfrica/...-wwf-helps-you-understand-the-basics-20180119
However at the time of writing:
* "Day zero", when (most of) the city's water taps will be turned off is now scheduled to be April 12.
* On that date, residents will have to attend one of 200 distribution points to collect their maximum allocation of 25 litres of water per person per day.
* Specific details of how the 25 litre limit will function remain unclear:
https://www.timeslive.co.za/news/so...day-zero-work-dont-ask-the-city-of-cape-town/
* There will be some exemptions - water will still be available from taps in hospitals and in the CBD area.
***********************
With that background out of the way, can anyone think of any way to trade ("play") this ongoing event?
The only idea I can think of is to short Cape Town property, and its proxies (eg. banks). However I am not sure about how to put that into practice.
***********************
Guys, this thread is about the economic aspects of the situation, and I created another thread on the topic to discuss the politics of it.
Please take all the political discussion there. Thanks.
