Union of South American Nations experience different levels of privations arriving, in extreme cases, to the absolute poverty. However, it is necessary to emphasize that poverty in South America has been reduced in a surprising way, especially in the Southern Cone and North of South America. Today, thanks to the development of many South American nations, it has allowed the world, their eyes on some governments, even forming part of economic blocs like G20 and BRICS. Although this reality is common to the entire South American group, the countries of the so-called Southern Cone (Argentina, southern Brazil, Chile, and Uruguay) present more positive socioeconomic data
League of Nations Delegates from 34 nations attended the assembly. This session concerned itself with liquidating the League: it transferred assets worth approximately $22,000,000 (U.S.) in 1946 (including the Palace of Nations and the League's archives) to the UN, returned reserve funds to the nations that had supplied them, and settled the debts of the League. Robert Cecil, addressing the final session, said: The Assembly passed a resolution that "With effect from the day following the close of the present session of the Assembly [i.e., April 19], the League of Nations shall cease to exist except for the sole purpose of the liquidation