ECB ponders further monetary stimulus to counter trade, Brexit risks

Against the backdrop of this uncertainty, the ECB decided to keep its low interest rates unchanged, at least during the first half of next year, but said it stands ready to adopt further monetary stimulus.[...]
Draghi said the conditions were not comparable with those seven years ago, when he said he would do "whatever it takes" to save the common currency in the worst moment of the euro crisis. [BWAH!]

The proposal, seen by Reuters on Thursday (6 June), would allow the EU and any other WTO member with which it had a dispute to use the WTO's arbitration rules to set up a new judicial procedure, an "interim solution" until the US veto on the appointment of new judges is lifted. The disputants would effectively copy and paste the existing system to create an ad hoc process overseen by former WTO appeals judges.

By moving ahead with alternative arrangements [BWAH!], the EU has signalled it does not expect to resolve the crisis before December.

archived WTO "reform"
Isolate Trump at WTO, says former top trade judge Bacchus, Nov 2018
EU sends WTO reform proposals to break U.S. deadlock

Diversity is the key to economic and political evolution.