PUTIN BOOKS TO THE RESCUE AT CHRISTMAS, AS RUSSIAN SALES SAG AMIDST RISING INFLATION
January 2nd, 2015
BOOK sales in Russia during the Christmas and New Year holiday period may have been disappointing, but the country’s President Vladimir Putin is helping keep the industry afloat, with books about the strongman leader topping the best-seller list. Russian book sales reached Russian Roubles RUB1.65 billion (USD27 million) in the festive season. And while this was an increase of 10% from the same period in 2013, according to analysts at Zerich Capital Management [NOTE TO EDITOR – NAME IS CORRECT ‘ZERICH’], one of Russia’s leading analysts for the book ...
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