European Union sends reform proposals for WTO, in hopes to break U.S deadlock.

The European Commission released a press statement calling for “concrete changes” to break the current deadlock in the World Trade Organization (WTO) Appellate Body. The statement announced that the proposal would be presented at the meeting of the WTO General Council on December 12.

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Merkel Will Not Seek Re-Election Following Huge Election Losses

 
Germany’s mammoth political leader, Angela Merkel, announced on October 29 that she will not seek re-election as German Chancellor in 2021. Merkel also stated that she would step down as the head of her political party, the center-right Christian Democratic Union (CDU), at its conference in December.

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