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What we’re watching: G7 tries to find common ground, Putin and Trump differ on Ukraine call, Milei gets capital boost in Argentina

May 19, 2025

Alex Kliment

Canada's Prime Minister Mark Carney leaves his office on Parliament Hill after his second day in office, on April 30, 202.

Photo by Artur Widak/NurPhoto

G7 Finance Ministers meet in Canada

Finance ministers from the G7 group of advanced democracies meet on Tuesday, with Trump’s huge “Liberation Day” tariffs still looming large. Can they really reach a common position on key issues such as commerce, climate, AI, and Ukraine? It’ll be a good bellwether for the upcoming G7 leaders summit next month.

No big breakthrough in Trump-Putin Ukraine phone call.
After the two leaders spoke Monday, Trump said bilateral ceasefire negotiations between Ukraine and Russia, apparently without US involvement, would begin “immediately.” But Putin said only that he’s ready to begin to draw up a memorandum that could lay the groundwork for a “possible” agreement. Is the US losing interest in brokering an end to the war?

Milei gets a boost in Buenos Aires election

Argentina’s radical, cost-cutting president Javier Milei got a boost after his party won the most legislative seats in the national capital. Later this year, Argentina heads into midterm elections, the first nationwide referendum on Milei’s approach since he won the presidency in 2023.

GZEROMEDIA

The real reason South Africa’s president is coming to Washington

South African President Cyril Ramaphosa gestures during the opening of the U.S.-sub-Saharan Africa trade forum to discuss the future of the African Growth and Opportunity Act (AGOA), at the NASREC conference center in Johannesburg, South Africa, on November 3, 2023.

REUTERS/Siphiwe Sibeko

If recent headlines are anything to go by, you’d think that South African President Cyril Ramaphosa’s visit to Washington, D.C. this week is an effort to rebut US President Donald Trump’s belief that white South Africans are suffering a genocide. In reality, it’s all about trade.

Hard Numbers: SCOTUS removes protections for Venezuelans, France to build overseas prison, Rice prices soak Japan’s PM, US borrowing costs rise

Detainees stand behind a fence at the Bluebonnet Detention Facility, where Venezuelans at the center of a Supreme Court ruling on deportation are held, in Anson, Texas, U.S. April 22, 2025.

REUTERS/Daniel Cole

350,000: The US Supreme Court ruled on Monday that the Trump administration can end temporary deportation protections for nearly 350,000 Venezuelans, making them vulnerable to mass deportation.

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What we’re watching: G7 tries to find common ground, Putin and Trump differ on Ukraine call, Milei gets capital boost in Argentina

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An OpenAI insider warns of the reckless race to AI dominance

Former OpenAI researcher Daniel Kokotajlo warns that tech companies are racing toward superintelligent AI while ignoring safety issues or democratic oversight — putting humanity at serious risk.

The real reason South Africa’s president is coming to Washington

If recent headlines are anything to go by, you’d think that South African President Cyril Ramaphosa’s visit to Washington, D.C. this week is an effort to rebut US President Donald Trump’s belief that white South Africans are suffering a genocide. In reality, it’s all about trade.

Milei aims to bring $271 billion in hidden cash back into Argentina’s economy

Argentina’s President Javier Milei is preparing to loosen the country’s complex tax evasion restrictions in an effort to draw billions of undeclared dollars back into the formal economy.

Hard Numbers: SCOTUS removes protections for Venezuelans, France to build overseas prison, Rice prices soak Japan’s PM, US borrowing costs rise

350,000: The US Supreme Court ruled on Monday that the Trump administration can end temporary deportation protections for nearly 350,000 Venezuelans, making them vulnerable to mass deportation.

Trade and tariffs: What is the state of play?

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Trump’s Middle East playbook: Business first, diplomacy later

President Trump’s first international trip of his second term took him to the Middle East, just like his first. This time, the focus was on major business deals and diplomatic moves. In a new Quick Take, Ian Bremmer looks at Trump's trip to the Middle East.

AI superintelligence is coming. Should we be worried?

Powerful AI that surpasses human intelligence will transform our world, is society ready? In the latest episode of GZERO World, Ian Bremmer sits down with Daniel Kokotajlo, co-author of AI 2027, a new report that forecasts how artificial intelligence might progress over the next few years.

What We’re Watching: Trump talks peace, Pakistan charms China, Romania, Poland and Portugal go to the polls

HARD NUMBERS: Biden diagnosed with cancer, Russian drones hammer Ukraine, Israeli forces enter Gaza, Pope Leo gets political, UK and EU are friends again, Austria wins Eurovision

Graphic Truth: Illegal Immigration to the US hits record lows

The number of people attempting to cross the Southwest US border illegally has fallen to historic lows, with authorities reporting barely 8,000 “encounters” with undocumented migrants per month.

What we’re watching: G7 tries to find common ground, Putin and Trump differ on Ukraine call, Milei gets capital boost in Argentina

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

More from GZERO Media

Former OpenAI researcher Daniel Kokotajlo warns that tech companies are racing toward superintelligent AI while ignoring safety issues or democratic oversight — putting humanity at serious risk.

If recent headlines are anything to go by, you’d think that South African President Cyril Ramaphosa’s visit to Washington, D.C. this week is an effort to rebut US President Donald Trump’s belief that white South Africans are suffering a genocide. In reality, it’s all about trade.

Argentina’s President Javier Milei is preparing to loosen the country’s complex tax evasion restrictions in an effort to draw billions of undeclared dollars back into the formal economy.

350,000: The US Supreme Court ruled on Monday that the Trump administration can end temporary deportation protections for nearly 350,000 Venezuelans, making them vulnerable to mass deportation.

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

President Trump’s first international trip of his second term took him to the Middle East, just like his first. This time, the focus was on major business deals and diplomatic moves. In a new Quick Take, Ian Bremmer looks at Trump's trip to the Middle East.

Powerful AI that surpasses human intelligence will transform our world, is society ready? In the latest episode of GZERO World, Ian Bremmer sits down with Daniel Kokotajlo, co-author of AI 2027, a new report that forecasts how artificial intelligence might progress over the next few years.

The number of people attempting to cross the Southwest US border illegally has fallen to historic lows, with authorities reporting barely 8,000 “encounters” with undocumented migrants per month.