| Finance ministers from the Group of Seven nations agreed to continue backing Ukraine in its defense against Russia’s invasion, German Finance Minister Lars Klingbeil said, though no formal statement has yet appeared. The group has faced a difficult task at this week’s meeting in Canada, as they try to find common ground on trade issues while avoiding public conflict with US Treasury Secretary Scott Bessent over tariffs.  A family photo during the G-7 meeting in Banff, Canada, yesterday. Photographer: Cole Burston/AFP/Getty Images Germany is ramping up its battle tank brigade in Lithuania to strengthen NATO’s eastern flank as European allies take unprecedented steps to deter an increasingly hostile Russia. The UK, meanwhile, urged its G-7 allies to agree a cut to the price cap on Russian oil, saying the move is necessary to put further pressure on Putin to end his war in Ukraine. Two Israeli embassy staff members were shot dead outside the Capital Jewish Museum in Washington late yesterday, Homeland Security Secretary Kristi Noem said. Metropolitan Police Chief Pamela Smith told reporters a suspect had chanted “Free Palestine” while being held in custody. In Gaza, dozens of aid trucks began entering the territory for the first time since Israel blocked supplies 80 days ago, according to witnesses and transport companies. North Korea suffered a “serious accident” during the launch ceremony for a new destroyer, the state-run Korean Central News Agency said, a rare acknowledgement of a setback in its pursuit of military supremacy. Leader Kim Jong Un vowed to deal with those accountable for the “irresponsible errors” and ordered that repairs on the warship be completed before June. The murder of two close aides to Mexico City’s mayor at a main thoroughfare in an otherwise quiet residential neighborhood shattered the city’s relative calm. And with President Claudia Sheinbaum already grappling with a massive security crisis with dueling cartels in some of the nation’s industrial and agricultural hubs and Trump’s demands that she get the issue under control, the Mexican leader can’t afford to mimic the largely passive stance taken by her predecessor Andres Manuel Lopez Obrador.  The crime scene in Mexico city on Tuesday. Photographer: Zina Desmazes/AFP/Getty Images House Republican leaders released a new version of Trump’s massive tax and spending bill with a higher limit on the deduction for US state and local taxes and other changes in a bid to win over warring GOP factions. Tanzania restricted internet access after several government accounts on X were compromised and messages posted claiming the East African nation’s president had died. Philippine President Ferdinand Marcos Jr. has told his entire Cabinet to resign, announcing a bid to “recalibrate” his administration after an underwhelming performance by his allies in last week’s Senate election. A US federal judge said the Trump administration violated his earlier order by sending eight migrants convicted of crimes to South Sudan, and he directed immediate action to protect their right to oppose deportation to a country gripped by years of violence. On the new episode of Trumponomics: Host Stephanie Flanders, Bloomberg’s Head of Government and Economics, leads a panel from the Qatar Economic Forum in Doha to explore the question of what Trumponomics means for the Middle East. It turns out the answer may be —as Trump would put it — a lot of winning. Listen on Apple, Spotify, or wherever you get your podcasts. Trump’s attempts to shake up global trade caused widespread upheaval in markets and a decoupling from the US dollar, leaving investors hunting for alternatives. Which emerging markets stand to gain from the new order? Bloomberg’s Vivianne Rodrigues discussed this with reporters Benjamin Harvey, Julia Leite and Zijia Song in a Live Q&A yesterday. Listen here. Check out Bloomberg’s inaugural list of the African Startups to Watch in 2025. | 
