Here’s Why India is Attacking George Soros – Globely News
India’s Hindu nationalist government has lashed out at billionaire George Soros for comments he made last week critical of Prime Minister Narendra Modi and embattled billionaire Gautam Adani.
Adani, whose companies have lost $135 billion in equity market value after allegations of stock manipulation by a short-seller last month, has been been a longtime ally of Modi, helping shape the radical strongman’s image as an economic reformer while profiting handsomely in the process.
At the Munich Security Conference on Thursday, Soros tied Modi and Adani together, stating they are “close allies” whose fates are “intertwined.” Soros predicted that the Adani Group’s troubles would diminish what he called “Modi’s stranglehold on India’s federal government” and trigger “much-needed institutional reforms.” The controversy, he said, would catalyze a “democratic revival in India.”
New Delhi Accuses Soros of Regime Change
Soros’s optimism about Indian democracy is misplaced. But his assessment of…
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