Answer:
Two important details about the time and place in which the events happened are:
(1) The date is Monday, May 7, 1945, which is significant because it marks the day when the Germans signed the unconditional surrender, signifying the end of the war in Europe.
(2) The events take place in London, including St. Paul's Cathedral and Trafalgar Square, which are iconic locations in the city. The setting in London is significant as it's in Britain and reflects the celebrations and emotions of the British people upon hearing the news of victory in Europe.