Crisis-wracked Venezuela turns for hope to broken factories

 

January 4, 2018



CIUDAD GUAYANA, Venezuela (AP) — Juan Carlos Goite has to be creative, finding spare parts stripped from one broken-down locomotive to repair another in a desperate attempt to keep a once-thriving iron ore mining company running.

Dressed in a hard hat and oil-stained work clothes, the mechanic paces a dimly lit workshop strewn with salvaged train parts like motors, metal plates and hoses looking for the right piece.

In cash-strapped Venezuela, there's no money to buy spare parts. Years of neglect and corrupt management have left in decay Ciudad Guayana, a would-be Pittsburgh carved from t...



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