UN General Assembly
1974

220. Finally, the economic situation- the seriousness of which was drawn to our attention by the President of the United States of America- has led the Secretary-General, in the introduction to his report on the work of the Organization, to speak of problems "which now confront the world community with a global crisis of extraordinary dimensions", of "upheavals" and ominous "portents" which, far from being isolated events, are "the symptoms of a profound malfunctioning of the global economy" [AI960II Add.l]. 221. Fortunately, we can also mention some encouraging events. These include, first of all, the admission of three new Members to the Organization, which gives us cause for great satisfaction because the United Nations is thereby drawing closer to one of its chief goals, namely, the universal representation of mankind.