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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.

Photo by Artur Widak/NurPhoto
Alex Kliment
By Alex KlimentMay 19, 2025
Alex Kliment
Alex wears a few different caps and tips them all regularly. He writes for the GZERO Daily, works as a field correspondent for GZERO's nationally syndicated TV show GZERO WORLD WITH IAN BREMMER, and writes/directs/voices GZERO's award-winning puppet satire show PUPPET REGIME. Prior to joining GZERO, Alex worked as an analyst covering Russia and broader Emerging Markets for Eurasia Group. He has also written for the Financial Times from Washington, DC, and Sao Paulo Brazil. In his spare time, he makes short films and composes scores for long ones. He studied history and Slavic literature at Columbia and has a Master's from Johns Hopkins SAIS. He's a native New Yorker, a long-suffering Mets fan, and owns too many bicycles.
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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.
us-canadajavier mileiputinrussiarussia-ukrainecanadaukraineeurope

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Alleged members of Mara Salvatrucha gang, also known as MS-13, attend an open hearing in a mass trial, after 486 alleged gang members were charged with more than 47,000 crimes committed between 2012 and 2022, according to prosecutors, at the Terrorism Confinement Center (CECOT) in Tecoluca, El Salvador, April 23, 2026.

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