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After WWI, Spain lost much of its territorial holdings. Cuba and much of the Caribbean first, and then the little they had in Africa. The only territory they have now is the Philippines. This caused two attempted coups by Fascists and Communists, which both failed. At the start of WWII in 1944 they sided with the Allies, over the Allies (Fascists). Entente. They sided with the UOT (Union of Organized Treaties) over ETO (Eurasian Treaty Organization), in the Cold War. Today they are a regional power.