Iran's Books Shrink as US Sanctions Bite

Iranians walk past a bookshop window in Tehran, on January 29, 2022. (Photo by ATTA KENARE / AFP)
Iranians walk past a bookshop window in Tehran, on January 29, 2022. (Photo by ATTA KENARE / AFP)
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Iran's Books Shrink as US Sanctions Bite

Iranians walk past a bookshop window in Tehran, on January 29, 2022. (Photo by ATTA KENARE / AFP)
Iranians walk past a bookshop window in Tehran, on January 29, 2022. (Photo by ATTA KENARE / AFP)

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 program.

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 those are not under sanctions, they must be paid for in foreign currency. That means the price of a book depends directly on the fluctuation of Iran's rial.

So publishers are not only slashing the number of titles published, but also cutting the number of pages of those they do print by shrinking the font size.

"Publishing has suffered a major crisis -- which could become existential," said Emily Amrai, collection director at the Houpa publishing house.

While publishers worldwide face growing challenges to the way people read and consume literature, Iran is facing an extra problem.

The United States, under former president Donald Trump, unilaterally withdrew in 2018 from a landmark accord to prevent Iran from acquiring an atomic bomb -- a goal Tehran has always denied pursuing -- with Washington then reimposing tough economic sanctions.

"As soon as the US sanctions were reinstated in 2018, the price of paper rose," Amrai said.

Long-running negotiations to revive a deal with Iran continue in Austria, but until an international agreement turns the page, the impact of sanctions grows worse.

"The devaluation of our currency against the greenback, the global rise in the price of paper paid in dollars and the increase in the cost of transport -- also paid in foreign currency -- has plunged publishing into the doldrums," AFP quoted Hossein Motevali, owner of Houpa, which specializes in children's books, as saying.

Because book prices are fixed in Iran, profits are pegged to the rapidly fluctuating price of paper.

"Between receiving the manuscript, laying it out, and setting the price of the book, I can lose everything if the price of paper has gone up suddenly," Hasheminejad said.

"That happens because I'm at the mercy of the fluctuation of the currencies."

As for the authors, they are paid by the number of the pages in the book, whether they are famous or not.

"Selling books is a miracle today, because the majority of customers belong to the middle class -- and given the economic conditions, their priority is to obtain essential goods such as food," said Hasheminejad. "I really wonder how people still buy books at these prices."

Bookstores in Iran look similar to shops anywhere in the world. As well as shelves of Iranian writers, popular sellers include translations of foreign works -- from 20th century European classics to self-help and psychology books.

Farsi translations of Mary Trump's tell-all on her uncle Donald Trump, as well as the memoir of former US first lady Michelle Obama, have been recent hits.

But as the crisis deepens, several small publishing houses have been driven out of business.

"Today, many independent publishers, who have published excellent works, have been eliminated from the market", said Amrai.

Larger publishing houses have had to adapt to survive.

"We have reduced our profits by as much as possible in order to keep our customers, we have reduced printing and pagination, and publish digital books to avoid paper and reduce costs," said Hasheminejad.

"But that will only last a year or two, for even the most solid companies."

So far, books printed before recent spikes in paper costs provided a buffer, but those stocks are running low.

"In a few months, when the books stored in the depots are exhausted, it will be a shock for the customer when they see the new prices," Hasheminejad warned.



Thousands Protest Housing Crunch, High Rents in Barcelona

Demonstrators march to protest the skyrocketing cost of renting an apartment in Barcelona, Spain, Saturday, Nov. 23, 2024. (AP Photo/Emilio Morenatti)
Demonstrators march to protest the skyrocketing cost of renting an apartment in Barcelona, Spain, Saturday, Nov. 23, 2024. (AP Photo/Emilio Morenatti)
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Thousands Protest Housing Crunch, High Rents in Barcelona

Demonstrators march to protest the skyrocketing cost of renting an apartment in Barcelona, Spain, Saturday, Nov. 23, 2024. (AP Photo/Emilio Morenatti)
Demonstrators march to protest the skyrocketing cost of renting an apartment in Barcelona, Spain, Saturday, Nov. 23, 2024. (AP Photo/Emilio Morenatti)

Thousands of Spaniards rallied in downtown Barcelona on Saturday to protest the skyrocketing cost of renting an apartment in the popular tourist destination.
People held up homemade signs in Spanish reading “Fewer apartments for investing and more homes for living,” and “The people without homes uphold their rights.”
The issue has become one of the leading concerns for the southern European Union country, mirroring the housing crunch across many parts of the world.
The average rent for Spain has doubled in the last decade. The price per square meter has risen from 7.2 euros in 2014 to 13 euros this year, according to the popular online real estate website Idealista. The growth is even more acute in cities like Barcelona and Madrid. Incomes meanwhile have failed to keep up, especially for younger people in country with chronically high unemployment.
Protestor Samuel Saintot said he is “frustrated and scared” after being told by the owners of the apartment he has rented for the past 15 years in Barcelona’s city center that he must vacate the premises. He suspects that the owners want him out so they renovate it and boost the price.
“Even looking in a 20- or 30-kilometer radius outside town, I can’t even find anything within the price range I can afford,” he told The Associated Press. “And I consider myself a very fortunate person, because I earn a decent salary. And even in my case, I may be forced to leave town.”
A report by the Bank of Spain indicates that nearly 40% of Spaniards who rent dedicate an average of 40% of their income to paying rents and utilities, compared to the European Union average of 27% of renters in that strained economic circumstance.
“We are talking about a housing emergency. It means people having many difficulties both in accessing and staying in their homes,” said Ignasi Martí, professor for Esade business school and head of its Dignified Housing Observatory.