THE NEWS OF THE YEAR IN REVIEW: OUTSTANDING EVENTS AND TRENDS; The Year Which Brought the Double Climax of the Greatest of Wars Brought Also Unprecedented Challenges for Peace Two Greatest Powers VICTORY IN EUROPE Crossing the Rhine VICTORY IN PACIFIC MAKING THE PEACE Big Three Confer Sharing the Bomb AFTERMATH OF WAR Problems of Occupation Political Changes Unrest in Middle East THE HOME FRONT Danger of Inflationyear of bitter and bloody war in Ukraine has devastated the country, further isolated Russia from the West and fueled economic insecurity around the world.