Russian publishers report a 20% increase in book prices, the US president signed a law on raising the national debt ceiling, the Ministry of Industry and Trade is discussing the resumption of the production at the Japanese Komatsu plant. These and other news of the day are in the RB summary.

The rise in book prices in Russia and the restart of the Komatsu plant in Yaroslavl: the main thing June 4

World

  • An oil tanker en route from Russia to China has broken down in the Suez Canal, shipping in the northern part of the waterway has been temporarily halted.

  • US President Joe Biden signed into law a debt ceiling increase law that suspends the national debt limit until January 1, 2025.

Russia

  • By 2022, books in Russia have risen in price by 15-20%, the Russian Book Union and publishers said. The increase in prices is explained by the increase in the cost of imported materials, including paper.

  • In April-May this year, Russians spent more on hotels in Dagestan, Kabardino-Balkaria and St. Petersburg than in Moscow and Sochi, ATOR reported.

Business

  • The Ministry of Industry and Trade and the Government of the Yaroslavl Region are considering the possibility of restarting the production of special equipment at the Komatsu plant.

  • One of Russia’s largest publishers, Eksmo-AST, posted 124% year-over-year growth in Russian-language book sales in the United States. The best-selling works were “The Primer” by Nadezhda Zhukova, “Tenderly to Yourself” by Olga Primachenko and “Mara and Morok” by Leah Arden.

Photo: Unsplash

Author:

Ahmed Sadulayev

Source: RB

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