What conflict was affecting Europe and Asia when the speech was given?

The conflict which was affecting both Europe and Asia was the conflict of the class.

Explanation:

The richer section in the society of both the countries used to put the people of the poorer sections down wards and used to suppress them. There was discrimination among the people of the poor section in both the countries and the richer people used to enjoy more rights and a better life style as compared to the people of the lower section of the society.