First of all, Spain would likely speak a dialect of Arabic, perhaps a mixture of Spanish and Arabin
Second, it would be a predominantly Muslim country.
Third, it would likely not be as integrated within Europe as it is now: likely it would have more trade and cultural connection with other Arabic country than with other European countries.
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The Iron Curtain forms the Western border of the Soviet Satellite nations: all the countries to the West, also called the "West Bloc" were capitalist and the countries on the East are called "East Bloc".
So the relationship was: the Iron Curtain was to the West of the Soviet Satelite nations.
Answer:
pretty sure the US bought alaska for dirt cheap, even by 19th century standards.