Sources: Bank of England is reviewing lending institutions' dollar risk

Odaily Planet Daily News: Sources say that the Bank of England has asked some banks to test their resilience to potential dollar shocks. This is the latest sign of how the Trump administration's policies are eroding people's trust in the United States as the cornerstone of financial stability. According to individuals with direct knowledge of the situation, the Bank of England has requested some banks to evaluate their US dollar financing plans and their level of dependence on the US dollar. Another source said that at one point, a global bank headquartered in the UK was required to conduct stress tests, including a scenario where the US dollar swap market could completely dry up. An analyst said that this reflects a new pattern where trust in international cooperation seems to be breaking. (Golden Ten)