What will happen to the former colonies and territories of the defeated states from wwI?

Germany's colonial empire was officially confiscated with the Treaty of Versailles after Germany's defeat in the war and each colony became a League of Nations mandate under the supervision but not ownership of one of the victorious powers. The German colonial empire ceased to exist in 1919.

the speech convinced americans that the ussr was an enemy, rather than an ally, which led to the creation of the truman doctrine.