It still is, faster and faster, and the canal is just one victim of what has become a vicious cycle. Always short of water, Mexico City keeps drilling deeper for more, weakening the ancient clay lake beds on which the Aztecs first built much of the city, causing it to crumble even further.
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"Investors say to us: 'don't talk to us about returns'; they want to know how we're managing water," Nick Holland, Chief Executive Officer of Gold Fields, said at an international mining conference in Cape Town. 
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The Center for Investigative Reporting and PRX report on the sinking land of California. Listen below. 

Listen to NPR's reporting on the once prosperous country of Yemen, now threatened daily by water wars.  

Rising temperatures and growing demands for thirsty grains like rice and wheat could drain much of the world’s groundwater in the next few decades, new research warns.

Nearly half of our food comes from the warm, dry parts of the planet, where excessive groundwater pumping to irrigate crops is rapidly shrinking the porous underground reservoirs called aquifers. Vast swaths of India, Pakistan, southern Europe, and the western United States could face depleted aquifers by mid-century, a recent study finds—taking a bite out of the food supply and leaving as many as 1.8 billion people without access to this crucial source of fresh water.

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Water and agriculture go hand in hand. To solve the world’s big challenges in meeting the growing demand for food, smart solutions for water use will be crucial. Findings by University of Nebraska faculty published in a leading scientific journal underscore the need. 
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HONG KONG — Long celebrated as China’s largest freshwater lake, Poyang reaches more than three times the expanse of Los Angeles in the summer wet season. It is home to the rare Yangtze finless porpoise, and its mud flats are the primary winter feeding grounds for thousands of birds that fly south each autumn to escape Siberia’s chill, including the critically endangered Siberian crane. Now it is Poyang itself that is at risk.
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To no one's surprise, the plight of oysters once again was a hot story this past year.  This year, though, marked a potential turning point in the tale of how a persistent drought, and water management policies at the upstream points of the Apalachicola-Chattahoochee-Flint river system, have harmed the industry. 
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Operate a business in a drought zone? Unfortunately, the lack of water you face is out of your control. Here are some considerations.

In rain-starved places like California, Nevada and Texas, water shortages and rate hikes are becoming common. Even areas that receive rainfall face shortages. Why?
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LAKE BAIKAL, Russia — Yury Azhichakov set out early by bike for Senogda Bay, his favorite beach, on the northwestern shore of Lake Baikal in Siberia. The world’s oldest, deepest and most voluminous lake, Baikal holds 20 percent of the planet’s unfrozen freshwater. It is often described as the world’s cleanest lake.
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