UN General Assembly
1951

17. Even more serious is the economic plight of the underdeveloped countries, most of them Asian countries, which, as a result of the militarization of the United States of America, the United Kingdom and a number of other States, are unable to obtain the equipment they require for developing their own industries. The proceeds from the sale of their raw materials are frozen in American and British banks, and they cannot dispose of them freely. Agriculture in these countries is on the decline, and holds out no promise of progress in the future. The production of foodstuffs is falling, and the populations of a number of areas are doomed to famine, disease and extinction. 18. The political situation too has deteriorated during the past year. The aggressive Anglo-American Atlantic bloc as led to a further worsening of international relations, already sorely strained by the atmosphere of unbridled war hysteria, the armaments race, and the constant attempts to frighten other nations by the threat of atomic and hydrogen bombs, for which the American reactionary leaders are responsible.