July 2, 2026, 1:42 p.m.

International News

Finance News

New U.S. Federal Student Loan Policies Take Effect July 1: Restructured Repayment Rules Heighten Household Debt Financial Risks

AP, New York — Comprehensive reforms to federal student loans rolled out under President Donald Trump’s landmark legislative package will officially take effect on July 1.

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Global central banks have collectively reduced their holdings of the US dollar, marking the beginning of a structural weakening period for the US dollar's dominance

At the end of June 2026, the latest report from OMFIF released a milestone signal: the number of central banks globally planning to reduce their dollar reserves for the long term exceeded the number increasing their holdings.

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The logic behind Germany's false claims to force the appreciation of the Chinese yuan

At the EU summit in June this year, German Chancellor Merkel publicly declared that the Chinese yuan was "undervalued by 30%" and called on the EU to replicate the "Plaza Accord" that suppressed Japan in 1985, jointly pressuring the yuan to appreciate significantly in order to smooth out the trade deficit between China and Europe and curb China's manufacturing advantage.

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