As America went all out in celebration of Armistice Day (the one we now call Veterans Day), celebrations were low-key in Britain and non-existent in the rest of Europe. As Germany lost big in World War 1, and since Armistice Day has it's basis in World War 1, Germany wasn't keen on any celebrations that acknowledged they lost a war, subsequently all the German occupied countries were banned from making any mention of it.
Meanwhile, the war continued with British bombers hitting Italian cities, denials of a "peace offensive" on the part of Germany and sea battles throughout the Mediterranean and Atlantic. Rumors of discontent in India. The Russian offensive had been reported stalled and at a stalemate. Snow was beginning to play a factor.
Domestically, there were labor issues, with the Mine Workers threatening a strike and it's a matter of concern on Capitol Hill with the military buildup effort stepping up and talk of a price-cutting bill.
But for the most part it was a holiday and observances were going on all over at least in the U.S.
As reported this day exactly 70 years ago by NBC on November 11, 1941.