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10:48
IMF President Georgieva warns: If oil prices rise by 10% and remain high for a year, global inflation will increase by 40 basis points
According to Jinse Finance, from March 6 to 9, 2026, IMF President Kristalina Georgieva made consecutive statements, issuing a clear warning about the impact of the surge in oil prices caused by the Middle East conflict on the global economy. She pointed out that if oil prices continue to rise by 10% throughout the year, it will directly push global inflation up by 40 basis points and drag down global economic growth by 0.1 to 0.2 percentage points.
10:43
According to the latest filing disclosed by the U.S. Securities and Exchange Commission (SEC), shareholders of Aureus Greenway Holdings Inc., formerly known as Autonomous Power, are entitled to receive a total of 42.5 million profit shares upon achieving certain performance milestones.
This arrangement stems from the earn-out clause in the company's merger and acquisition agreement, whereby the original shareholders can receive additional share compensation if the acquired party achieves preset business targets. The number of shares granted this time demonstrates the consensus between both parties on the business growth potential. The documents show that the issuance of these earn-out shares is directly linked to the company's progress in technology commercialization, reflecting Aureus Greenway Holdings Inc.'s ongoing strategic investment in the clean energy sector. This clause not only safeguards the interests of the original shareholders but also injects growth momentum into the listed company.
10:43
According to documents submitted to the U.S. Securities and Exchange Commission (SEC), Aureus Greenway Holdings Inc. (AGH) has finalized the core management structure of the merged company.
Andrew Fox will serve as Chief Executive Officer and Chairman of the Board, while Ed Jordan has been appointed as Chief Financial Officer. This personnel arrangement marks a key step in the company's integration process, with the new leadership team responsible for driving the strategic development and operational management of the merged entity.
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