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GMX is publicly recruiting a CEO and has opened candidate applications

2 hours ago

March 21st — Official sources confirm GMX is recruiting a Chief Executive Officer (CEO). Key responsibilities for the role include: - Crafting strategic plans - Refining organizational structure - Strengthening partnerships - Steering GMX into its next phase of expansion GMX is seeking an experienced leader with expertise in both decentralized infrastructure and driving scalable growth. Applications are now open, and qualified candidates from all backgrounds are encouraged to apply.
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In a Long-Anticipated Move, U.S. Vows to “Significantly Escalate” Strikes on Iran

March 21 — Per The Times of Israel, Israeli official Katz told military brass during an assessment meeting that Israel and the U.S. will “significantly escalate” strikes on Iranian infrastructure in the coming week. Katz added Israel is “determined to keep leading” military actions against Iran, targeting its command structure and eroding its strategic capabilities until all threats to Israel’s national security and U.S. interests in the region are eliminated. He also stated Israel will not “stop operations” until all war objectives are met.

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Informant: U.S. Sending More Troops to the Middle East Aims to "Open Up" the Strait of Hormuz or Seize an Island

March 21 – Per CCTV, U.S. officials announced March 20 local time that the U.S. military is deploying three warships and roughly 2,500 Marines to the Middle East. Earlier, U.S. informed sources noted the reinforcement would give President Trump additional military options, including launching an operation to "open" the Strait of Hormuz—an effort requiring U.S. air and naval forces to deploy near Iran’s coastline. Insiders add the Trump administration is also weighing deploying ground troops to Khark Island, Iran’s "oil export lifeline." The plan aims to seize the island as leverage to pressure Iran into reopening the Strait of Hormuz. Located in the northwestern Persian Gulf, over 20 kilometers from Iran’s coast, Khark is Iran’s largest crude oil export hub, handling roughly 90% of the country’s oil exports.

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Next Week's Macro Outlook: US and Eurozone PMI Data Releases, Short-Term Energy Trends Remain in Focus

March 21: With the Iran conflict entering its fourth week and no clear signs of easing, markets are in turmoil. The conflict and its impact on energy prices remain Wall Street’s near-term focus. Additionally, upcoming U.S. and European macro data next week will let markets gauge whether recent energy price surges are starting to feed into consumer prices and the broader economy. Below are key market focus points for the coming week (all times in Beijing time): - **Monday, 22:00**: U.S. January construction spending (month-over-month) - **Tuesday, 7:30**: Japan February core consumer price index (year-over-year) - **Wednesday, 8:30**: Australia February non-seasonally adjusted consumer price index (year-over-year) - **Wednesday, 15:00**: U.K. February consumer price index (month-over-month); U.K. February retail price index (month-over-month) - **Wednesday, 20:30**: U.S. Q4 current account; U.S. February import price index (month-over-month) - **Wednesday, 22:30**: U.S. EIA

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Iranian Navy Escorts Indian Oil Tanker Through Strait of Hormuz

March 21 — An Indian LPG tanker was guided through the Strait of Hormuz by the Iranian Navy over the past week, a senior official aboard the vessel confirmed Wednesday (March 21). The ship was cleared to transit via a pre-approved route following diplomatic mediation in New Delhi, the official added. The statement appears to back analysts’ assessments that Tehran is seeking to enforce traffic control in the strait: allowing friendly vessels safe passage while leaving others fearing potential attacks. During the crossing, the official’s vessel maintained radio contact with the Iranian Navy. Iranian forces documented the tanker’s flag, name, origin/destination ports, and crew nationality (all Indian nationals), then guided it along the agreed-upon route. (Jinse)

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The U.S. jury rules Musk intentionally misled company shareholders and suppressed stock price prior to Twitter acquisition

**March 21 (CNN) — A California jury mostly sided with shareholders of Twitter (now renamed X) on Friday, finding billionaire Elon Musk made false statements and intentionally depressed the social media company’s stock price ahead of his $44 billion 2022 acquisition. The jury did not, however, find Musk involved in an “overall conspiracy to defraud investors.”** **The ruling resolves a civil class-action lawsuit filed by Twitter shareholders in October 2022 — just weeks before Musk formally took control of the company. Musk testified during the multi-week trial; he initially agreed to buy Twitter in April 2022, tried to back out in subsequent months, and ultimately completed the acquisition.** **Plaintiffs’ counsel estimates the jury’s award could reach roughly $2.5 billion, with the final amount tied to the number of investors who opt into the class action.** **Musk intends to appeal the ruling, his law firm Quinn Emanuel Urquhart & Sullivan said. The firm noted Musk has rece

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Iran's Armed Forces Say Conducting Major Operation in Strait of Hormuz

On March 21 (local time), a spokesperson for the Islamic Revolutionary Guard Corps’ (IRGC) Hataam Anbiya Central Headquarters told CCTV News that Iran is undertaking major operations in the Strait of Hormuz. The spokesperson further emphasized that Iran will target more critical U.S. infrastructure if Iranian infrastructure is attacked.

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