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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

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

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

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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.