Russia sells stake in maker of AK-47 rifle

David Brancaccio Sep 24, 2013
HTML EMBED:
COPY

Russia sells stake in maker of AK-47 rifle

David Brancaccio Sep 24, 2013
HTML EMBED:
COPY

The Russian government is privatizing gunmaker Kalashnikov, selling off its stake in the maker of the AK-47 rifle for about 40 million dollars. The BBC’s Famil Ismailov joins Marketplace Morning Report host David Brancaccio to discuss. 

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.