General World News

Novel Crisis: Iran’s Books Shrink as US Sanctions Bite

For literature lovers in sanction-hit Iran, a new novel has long provided a brief respite from a grinding economic crisis triggered by international pressure imposed over Tehran’s contested nuclear programme.

But now losing yourself in a good book is becoming harder, as cash-strapped publishers struggle because the price of paper is soaring.

“If a 200-page novel sold for 400,000 rials ($1.60) last year, its price today is 1,000,000 rials ($4.10), most of which is the cost of production”, said Reza Hasheminejad, who runs the Ofoq publishing house.

Iran does not produce its own paper pulp for publishing so relies on imports, and while details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com