G..7

In 1973, US Treasury Secretary George Shultz invited the finance ministers of France, West Germany, and the UK to the White House for a private discussion in the library. These "fireside chats" were held without official paperwork or large staffs to allow for candid talk about stabilizing the global economy after the 1973 oil crisis. Becoming a Global Powerhouse

: Originally founded to address economic concerns like inflation and oil shocks, the G7 has evolved to tackle global security, climate change, gender equality, and international health crises. Current Relevance In 1973, US Treasury Secretary George Shultz invited

The "story" of the G7 (Group of Seven) began in the early 1970s as an informal gathering of finance ministers known as the . The Secret Origins: The Library Group Current Relevance The "story" of the G7 (Group

: After the fall of the Soviet Union, Russia was invited to join in 1998, briefly making it the G8 . However, Russia was suspended indefinitely in 2014 following its annexation of Crimea, and the group reverted to the G7. and international health crises.