diff --git a/extra/python/0001-compileall-Fix-ddir-when-recursing.patch b/extra/python/0001-compileall-Fix-ddir-when-recursing.patch
new file mode 100644
index 000000000..91ebc71f6
--- /dev/null
+++ b/extra/python/0001-compileall-Fix-ddir-when-recursing.patch
@@ -0,0 +1,57 @@
+From 84fdbc156ed424d030686de350fbfc6c3593263f Mon Sep 17 00:00:00 2001
+Message-Id: <84fdbc156ed424d030686de350fbfc6c3593263f.1537028533.git.jan.steffens@gmail.com>
+From: "Jan Alexander Steffens (heftig)" <jan.steffens@gmail.com>
+Date: Sat, 15 Sep 2018 18:22:06 +0200
+Subject: [PATCH] compileall: Fix ddir when recursing
+
+---
+ Lib/compileall.py | 14 +++++++++-----
+ 1 file changed, 9 insertions(+), 5 deletions(-)
+
+diff --git a/Lib/compileall.py b/Lib/compileall.py
+index 72592126d7..70e246fd96 100644
+--- a/Lib/compileall.py
++++ b/Lib/compileall.py
+@@ -45,12 +45,16 @@ def _walk_dir(dir, ddir=None, maxlevels=10, quiet=0):
+         else:
+             dfile = None
+         if not os.path.isdir(fullname):
+-            yield fullname
++            yield fullname, ddir
+         elif (maxlevels > 0 and name != os.curdir and name != os.pardir and
+               os.path.isdir(fullname) and not os.path.islink(fullname)):
+             yield from _walk_dir(fullname, ddir=dfile,
+                                  maxlevels=maxlevels - 1, quiet=quiet)
+ 
++def _compile_one(file_ddir, *args, **kwargs):
++    file, ddir = file_ddir
++    return compile_file(file, ddir, *args, **kwargs)
++
+ def compile_dir(dir, maxlevels=10, ddir=None, force=False, rx=None,
+                 quiet=0, legacy=False, optimize=-1, workers=1,
+                 invalidation_mode=py_compile.PycInvalidationMode.TIMESTAMP):
+@@ -79,17 +83,17 @@ def compile_dir(dir, maxlevels=10, ddir=None, force=False, rx=None,
+     if workers is not None and workers != 1 and ProcessPoolExecutor is not None:
+         workers = workers or None
+         with ProcessPoolExecutor(max_workers=workers) as executor:
+-            results = executor.map(partial(compile_file,
+-                                           ddir=ddir, force=force,
++            results = executor.map(partial(_compile_one,
++                                           force=force,
+                                            rx=rx, quiet=quiet,
+                                            legacy=legacy,
+                                            optimize=optimize,
+                                            invalidation_mode=invalidation_mode),
+                                    files)
+             success = min(results, default=True)
+     else:
+-        for file in files:
+-            if not compile_file(file, ddir, force, rx, quiet,
++        for file_ddir in files:
++            if not _compile_one(file_ddir, force, rx, quiet,
+                                 legacy, optimize, invalidation_mode):
+                 success = False
+     return success
+-- 
+2.18.0
+
diff --git a/extra/python/PKGBUILD b/extra/python/PKGBUILD
index 6d9493d3b..2589befbb 100644
--- a/extra/python/PKGBUILD
+++ b/extra/python/PKGBUILD
@@ -12,7 +12,7 @@
 
 pkgname=python
 pkgver=3.7.0
-pkgrel=3
+pkgrel=4
 _pybasever=${pkgver%.*}
 pkgdesc="Next generation of the python high-level scripting language"
 arch=('x86_64')
@@ -30,11 +30,13 @@ provides=('python3')
 replaces=('python3')
 source=("https://www.python.org/ftp/python/${pkgver%rc*}/Python-${pkgver}.tar.xz"{,.asc}
         bpo34056-always-return-bytes-from-_HackedGetData.get_data.patch
-        dont-make-libpython-readonly.patch)
+        dont-make-libpython-readonly.patch
+        0001-compileall-Fix-ddir-when-recursing.patch)
 sha512sums=('8bb11233fb67ee9ab8ed1b72f8fdc62f66e26a6beaaeb92448bce681cf065269833b1658d3ed2459127f25ba43adb0eab73cf27c59834a2a803fb529b4216739'
             'SKIP'
             '0ec544fa95ba30be03e866d02848f9fa4921304055368609136ac39626df9835bad75506f6d81ef9fdc0ebcc29a9749f84b5b5f4dd75958c9699ade522d51b68'
-            '2ef96708d5b13ae2a3d2cc62c87b4780e60ecfce914e190564492def3a11d5e56977659f41c7f9d12266e58050c766bce4e2b5d50b708eb792794fa8357920c4')
+            '2ef96708d5b13ae2a3d2cc62c87b4780e60ecfce914e190564492def3a11d5e56977659f41c7f9d12266e58050c766bce4e2b5d50b708eb792794fa8357920c4'
+            'ebd04c3b6d41321b1f0d439d356e0ce463760db55dc64109854c70d017cf56608aa19de9fc4a21bf840795ff202b4703444f9af8074b661780798c17e03089ff')
 validpgpkeys=('0D96DF4D4110E5C43FBFB17F2D347EA6AA65421D')  # Ned Deily (Python release signing key) <nad@python.org>
 
 prepare() {
@@ -46,9 +48,18 @@ prepare() {
   # FS#45809
   patch -p1 -i ../dont-make-libpython-readonly.patch
 
+  # FS#59997
+  patch -p1 -i ../0001-compileall-Fix-ddir-when-recursing.patch
+
+  # https://bugs.python.org/issue34587
+  sed -i -e "s|testCongestion|disabled_&|" Lib/test/test_socket.py
+
   # FS#23997
   sed -i -e "s|^#.* /usr/local/bin/python|#!/usr/bin/python|" Lib/cgi.py
 
+  # Speed up LTO
+  sed -i -e "s|-flto |-flto=4 |g" configure configure.ac
+
   # Ensure that we are using the system copy of various libraries (expat, libffi, and libmpdec),
   # rather than copies shipped in the tarball
   rm -r Modules/expat
@@ -59,6 +70,9 @@ prepare() {
 build() {
   cd Python-${pkgver}
 
+  # PGO should be done with -O3
+  CFLAGS="${CFLAGS/-O2/-O3}"
+
   # Disable bundled pip & setuptools
   ./configure --prefix=/usr \
               --enable-shared \
@@ -106,6 +120,9 @@ package() {
   # Hack to avoid building again
   sed -i 's/^all:.*$/all: build_all/' Makefile
 
+  # PGO should be done with -O3
+  CFLAGS="${CFLAGS/-O2/-O3}"
+
   make DESTDIR="${pkgdir}" EXTRA_CFLAGS="$CFLAGS" install
 
   # Why are these not done by default...