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
Organisation of the League of Nations with Hungary (signed at Trianon on 4 June 1920), placed under guarantee of the League of Nations, 30 August 1921. X. Articles 140 to 151 of the Treaty of Peace with Turkey (signed at Sèvres on 10 August 1920). These articles were replaced by Articles 37–45 of the new Treaty of Lausanne. The League of Nations was maintained financially by the Member States. The Assembly controlled the annual budget. The total authorized League budgets for the four years 1921–1924 gave an average of 22 757 769 gold francs per year, equivalent to 4 391 187 American dollars. This figure covered