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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American Mid Term Elections

On November 2, four days before the United States midterm election, polls predicted that the Democratic Party is likely to gain control of the House of Representatives while the Republican Party will keep its majority in the Senate. The trends indicate a balance of power on Capitol Hill for the next two years, and the possibility of legislative deadlocks.

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