Oleg Burunov

Correspondent at Sputnik Globe

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Articles

Trump’s Trade Tariffs Hit Global Markets Harder Than 2008 Crisis

1 week ago | sputnikglobe.com | Oleg Burunov

The levies caused a "collapse of financial markets" that also exceeded the speed of economic decline during the 2020 crisis, a research by Russia’s Roscongress Foundation seen by Sputnik reveals. The global economic implications from the Trump tariffs were even more serious than from the 2011 US rating downgrade, the 2008 Lehman Brothers bankruptcy, and the 9/11 terrorist attacks.
A New Face in Romania's Presidential Race: Meet George Simion

1 week ago | sputnikglobe.com | Oleg Burunov

George Simion has made it to the Romanian presidential runoff by obtaining 40% of the vote. What are his political leanings? The leader of the right-wing Alliance for the Union of Romanians party seeks “to restore constitutional order" in Romania. “I have a single objective: to give back to the Romanian people what was taken from them,” Simion noted after casting his ballot.
Ukrainian Uniate Church Сollusion With Nazis in WWII Exposed

1 week ago | sputnikglobe.com | Oleg Burunov

The top-secret documents, released by the Russian Federal Security’s Public Relations Center, revealed that:Representatives of the Ukrainian Uniate Church started collaborating with German intelligence in 1930. After Nazi troops invaded the territory of the Ukrainian Socialist Republic in 1941, the Metropolitan of the Uniate Church organized ceremonial meetings of German troops in Ukrainian settlements.
Global Military Spending Reaches All-Time High of $2.7 Trillion

2 weeks ago | sputnikglobe.com | Oleg Burunov

https://sputnikglobe.com/20250428/global-military-spending-reaches-all-time-high-of-27-trillion-1121945888.htmlGlobal Military Spending Reaches All-Time High of $2.7 TrillionGlobal Military Spending Reaches All-Time High of $2.7 TrillionSputnik InternationalThis was revealed in a new report by the Stockholm International Peace Research Institute (SIPRI), which covered worldwide military expenditure in 2024.
US and Japan Plot Dual-Use Ships as China Fires Warning Shots Against Confrontation

2 weeks ago | sputnikglobe.com | Oleg Burunov

Phelan admitted that China's ability to convert commercial ships to military use "seems to be very quick," which he said is currently not the case with Japan and the US. New US ambassador to Japan, George Glass, earlier urged the US and Japan to cooperate more on defense in the face of what he described as an increasingly "confrontational" China, who dismissed the comments as a diplomatic slur. “Who is flaunting military force, provoking confrontation, and threatening peace everywhere?
Battle for Dysprosium: Who Dominates the Global Market?

2 weeks ago | sputnikglobe.com | Oleg Burunov

Сhina's restrictions on exports of dysprosium to the US has terrified American automakers. It's impossible to build a motor without this magnet, a senior US automotive executive told the World Street Journal. If the US wants EV production to continue, dysprosium deliveries are crucial. It is a heavy rare earth mineral with unique magnetic properties and high melting point.
El pescado apesta de la cabeza para abajo: ¿por qué en Europa exigen la dimisión de von der Leyen?

2 weeks ago | noticiaslatam.lat | Oleg Burunov

La UE está actualmente inmersa en una crisis marcada por las divisiones internas, una disputa comercial con Estados Unidos y el actual conflicto en Ucrania, entre otras cosas, señala la publicación. "El pescado apesta de la cabeza para abajo. La cabeza de la UE se personifica en la presidenta de la Comisión Europea, Ursula von der Leyen", destaca el artículo. El medio recuerda, que la trayectoria política de Ursula von der Leyen, está salpicada de escándalos.
Fish Rots From Its Head: Senior EU Officials Call For Ursula’s Resignation

2 weeks ago | sputnikglobe.com | Oleg Burunov

Diplomats view European Commission President von der Leyen as "toxic," asserting that her resignation could help "unblock many issues", according to Switzerland’s Die Weltwoche weekly. The EU is currently embroiled in a crisis marked by internal divisions, a trade dispute with the United States, the ongoing conflict in Ukraine, and tensions in the Middle East, the publication notes.
How Ukraine Tramples on Easter Truce

3 weeks ago | sputnikglobe.com | Oleg Burunov

Ukrainian forces have ignored the 30-hour ceasefire, continuing to strike Russian positions and making victims even of civilians. Russian troops’ positions and Russia’s border areas plus Crimea were hit with 900 enemy drone strikes and ammunition drops, the Russian Ministry of Defense said. There were also 444 cases of mortar and gun shelling in the areas, which resulted in casualties among civilians, the ministry added.
Why China Tackles Trade War Better Than US

1 month ago | sputnikglobe.com | Oleg Burunov

Trump's tariff war exposed the сracks in liberal democracy. Here's why the Chinese economic system is best-equipped to take the lead:China has massive depth and breadth to tool up to what the people used to buy from the US, says author Jeff J. Brown. Its ability to direct manufacturing to targeted sectors is also very fast, Brown says. 8 of the world’s top 10 commercial ports are in China. Almost 20,000 long trains went to Europe in 2024.