Sanctions against Russia spark AK-47 buying frenzy in US

Sanctions against Russia spark AK-47 buying frenzy in US

Russian-made firearms are reportedly flying off the shelves of American gun stores after the United States Treasury Department announced sanctions last week against the maker of the popular AK-47 rifle.

Kalashnikov Concern, the company responsible for the eponymous gas-operated 7.62 caliber assault rifle known largely around the world as the AK-47, is among the latest Russian-owned entities to be blacklisted by the US government following last Wednesday’s announcement that several Russian banks, energy firms and weapons makers were being targeted by new sanctions.

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