The stinking wiretapping scandal in Greece – which is now also known as the ‘Greek Watergate’ – has deepened the contradictions and political impasse of the right-wing New Democracy government, and of the capitalist bourgeois establishment at large. This, in turn, reflects the general economic and socio-political impasse of Greek capitalism, and the broader historical crisis of world capitalism.

The US-based market watchdog, Hindenburg, published a report on 25 January accusing the Indian mega-conglomerate Adani Group of a litany of dirty financial dealings, triggering mass sell-offs that have so far wiped at least $100 billion off its value. This is a bombshell detonating right in the heart of Indian capitalism, which could have big implications for the Modi regime.