The Caracas Metro
The extreme nature of sanctions against Venezuela made it very challenging to keep economic activity going. One example is Caracas’ impressive five line Metro system, where for almost twenty years they had to keep things running with no spares or maintenance support from the train manufacturers. Yet resilience and ingenuity kicked in, and Venezuela actually […] The post The Caracas Metro appeared first on Craig Murray.
The extreme nature of sanctions against Venezuela made it very challenging to keep economic activity going. One example is Caracas’ impressive five line Metro system, where for almost twenty years they had to keep things running with no spares or maintenance support from the train manufacturers.
Yet resilience and ingenuity kicked in, and Venezuela actually reverse engineered and manufactured parts – the need to do this in the oil sector also created a burgeoning small foundry industry, for example. Eventually, sanctions will stimulate domestic production. I spent some time with the Metro looking at how this happens.
As ever we need to spread the load and please we are looking primarily to those who have never donated or contributed before. Our Gofundme link for the Venezuelan operation is here:
This is the same crowdfunding account we used for Lebanon so discount the first £35,000 raised as it was spent in Lebanon.
Anybody is welcome to republish and reuse, including in translation.
Because some people wish an alternative to PayPal, I have set up new methods of subscription payment including a Patreon account and a Substack account if you wish to subscribe that way. The content will be the same as you get on this blog. Substack has the advantage of overcoming social media suppression by emailing you direct every time I post. You can if you wish subscribe free to Substack and use the email notifications as a trigger to come for this blog and read the articles for free. I am determined to maintain free access for those who cannot afford a subscription.
Subscriptions to keep this blog going are gratefully received.
Choose subscription amount from dropdown box:
| Recurring Donations |
PayPal address for one-off donations: craigmurray1710@btinternet.com
Alternatively by bank transfer or standing order:
Account name
MURRAY CJ
Account number 3 2 1 5 0 9 6 2
Sort code 6 0 – 4 0 – 0 5
IBAN GB98NWBK60400532150962
BIC NWBKGB2L
Bank address NatWest, PO Box 414, 38 Strand, London, WC2H 5JB
Bitcoin: bc1q3sdm60rshynxtvfnkhhqjn83vk3e3nyw78cjx9
Ethereum/ERC-20: 0x764a6054783e86C321Cb8208442477d24834861a
The post The Caracas Metro appeared first on Craig Murray.
What's Your Reaction?
