South Korea vice minister to travel to Alaska for gas project talks, Yonhap says
SEOUL, April 15 (Reuters) - South Korea's vice industry minister Choe Nam-ho is planning to travel soon to Alaska as part of working-level negotiations between the United States and South Korea over Alaska's liquefied natural gas (LNG) project, Yonhap news agency reported on Tuesday.
Still, no decision has been made on whether South Korea will join the project and whether its participation will be included in negotiations with the U.S. over tariffs, the ministry said in a statement.
The ministry's statement was released after media reports cited Choe as saying that participation in the project could be part of a negotiation package.
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BBC News
4 hours ago
- BBC News
Frederick Forsyth: Life as a thriller writer, fighter pilot, journalist and spy
Frederick Forsyth, who has died at the age of 86, wrote meticulously researched thrillers which sold in their millions.A former fighter pilot, journalist and spy, many of his books were based on his own wove intricate technical details into his stories, without detracting from the lightning pace of his research often embarrassed the authorities, who were forced to admit that some of the shady tactics he revealed were used in real-life espionage. Frederick McCarthy Forsyth was born on 25 August 1938 in Ashford, Kent. The only child of a furrier, he dealt with loneliness by immersing himself in adventure his favourites were the works John Buchan and H Rider Haggard, but Forsyth adored Ernest Hemingway's book on bullfighters, Death in the was so captivated that - at the age of 17 - he went to Spain and started practising with a cape. He never actually fought a bull. Instead, he spent five months at the University of Granada before returning to do his national service with the spent years dreaming of becoming a pilot, Forsyth lied about his age so he could fly de Havilland Vampire 1958, he joined the Eastern Daily Press as a local journalist. Three years later, he moved to the Reuters news Tonbridge School, Forsyth had excelled in foreign languages but little else. Fluent in French, German, Spanish, and Russian, he was a born foreign correspondent. Posted to Paris, he covered a number of stories relating to assassination attempts on the life of France's President Charles de Gaulle, by members of the Organisation de l'Armee Secrete (OAS).The group of ex-army personnel were angered at de Gaulle's decision to give independence to Algeria after many of their comrades had died fighting Algerian called the OAS "white colonialists and neo-fascists".And he decided that, if they really wanted to kill de Gaulle, they would have to hire a professional assassin. Forsyth joined the BBC in 1965. Two years later, he was sent to Nigeria to cover the civil war that followed the secession of the south-eastern region of the fighting dragged on far longer than had been expected, Forsyth asked permission to stay and cover it. According to his autobiography, the BBC told him "it is not our policy to cover this war"."I smelt news management," he said. "I don't like news management." He quit his job and continued to cover the war as a freelance reporter for the next two chronicled his experiences in The Biafra Story, which was published in 1969. He later claimed that, while in Nigeria, he began working for MI6, a relationship that continued for two decades. He also become friendly with a number of mercenaries, who taught him how to get a false passport, obtain a gun and break an enemy's these tricks of the trade would be incorporated in a tale of an attempted assassination of President de Gaulle, The Day of the Jackal, which he pounded out in his bedsit on an old typewriter in just 35 spent months trying to get it published but faced a string of rejections. "For starters, de Gaulle was still alive," he said, "so readers already knew a fictional assassination plot set in 1963 couldn't succeed."Eventually, a publisher risked a short print run and sales of the book, described once as "an assassin's manual", took off, first in the UK and then in the US. The Day of the Jackal showcased what would become the traditional hallmarks of a Forsyth thriller. It wove together fact and fiction, often using the names of real individuals and Jackal's forgery of a British passport, using the name of a dead child taken from a churchyard, was perfectly feasible in the days before electronic databases and tale was made into an award-winning film in 1973, staring Edward Fox as the anonymous gunman. Forsyth followed up his success with The Odessa File, the story of a German reporter attempting to track down Eduard Roschmann - a notorious Nazi nicknamed the "Butcher of Riga" - who is protected by a secret society of former SS men known as part of his research, Forsyth travelled to Hamburg posing as a South African arms dealer. "I managed to penetrate their world and was feeling rather proud of myself," he later said."What I didn't know was that the (contact) had passed a bookshop shortly after our meeting. And there, in the window, was The Day of the Jackal, with a great big picture of me on the back cover."The film of the book led to the identification of the real "Butcher of Riga", who was living in Argentina - after one of his neighbours went to see it at the local cinema. He was arrested by the Argentinian authorities, but skipped bail and fled to book also mentioned a hoard of Nazi gold that was exported to Switzerland in 1944. Twenty-five years after publication, the Jewish World Congress discovered this passage and, eventually, located gold valued at £1bn. According to the Sunday Times, Forsyth's third novel, The Dogs of War, drew on his experience of organising a coup in newspaper reported that Forsyth had once spent $200,000 hiring a boat and recruiting European and African soldiers of fortune for a raid designed to oust the President of Equatorial Guinea in plan was said to have failed when the arrangements broke down and the soldiers were intercepted by the Spanish police in the Canary Islands, 3,000 miles from their came Devil's Alternative, in which Britain's first female prime minister, Joan Carpenter, was firmly based on Margaret Thatcher, a politician Forsyth greatly admired. She later appeared, under her real name, in four Forsyth was a move into biography in 1982 with Emeka, the life story of Forsyth's friend Col Chukwuemeka Odumegwu Ojukwu, the head of state of Biafra during that country's brief independence. In 1984, he returned to the novel with The Fourth Protocol: a complex tale of a Soviet plot to influence the British general election and install a hard-left Labour book so impressed Sir Michael Caine that he persuaded Forsyth to allow a film version, in which the veteran actor starred alongside Pierce the late 1980s, Forsyth separated from his first wife, the former model Carole Cunningham and was photographed alongside the actress Faye Negotiator, published in 1991, continued the successful run while The Deceiver, the tale of a maverick but brilliant MI6 agent, was made into a BBC two more thrillers, The Fist of God and Icon, Forsyth took an abrupt detour with The Phantom of Manhattan: a sequel to the Phantom of the Opera, which had been a successful was not a great success but, in 2010, Andrew Lloyd Webber took elements of it for his musical follow-up to Phantom, Love Never Dies. A second set of short stories, The Veteran, also had mixed reviews but Forsyth bounced back in his usual style with Avenger, a 2003 political thriller and, three years later, The Afghan, which had links with the earlier Fist of now, Forsyth had established a reputation as a broadcaster and political pundit. He was a frequent guest on the BBC's topical debate programme Question Time, as someone who held views on the right of the political spectrum.A committed Eurosceptic, he once derailed former Prime Minister Ted Heath on the programme - after proving that he had indeed, despite his denials, once signed a document agreeing to transfer UK gold reserves to Frankfurt. On turning 70, the pace of his writing began to slow. The Cobra, published in 2010, saw the return of some of the characters from 2013, Forsyth published The Kill List, a fast-moving tale built round a Muslim fanatic called The Preacher, whose online videos encouraged young Muslims to carry out a series of wrote all his books on a typewriter and refused to use the internet for his research. Ironically, his 18th novel, The Fox - published in 2018 - was a spy thriller about a gifted computer announced it was to be his final book, but he later came out of self-imposed retirement after the death of his second wife, Sandy, in said he was writing another adventure, and even suggested a raffle might give someone the chance to name a character after sold the film rights for £20,000 in the 1970s, Forsyth received no payment for Eddie Redmayne's version of The Day of the Jackal when it was re-imagined for television last year on into his 80s, he had long since agreed to stop research trips to far-flung parts of the world - when a trip to Guinea-Bissau left him with an infection that nearly cost him a leg."It is a bit drug-like, journalism," he admitted. "I don't think that instinct ever dies."It was an instinct that made his life as full and exciting as his thrillers.
Reuters
6 hours ago
- Reuters
US wholesale inventories in April revised higher
WASHINGTON, June 9 (Reuters) - U.S. wholesale inventories increased in April amid stockpiling of prescription medication in anticipation of tariffs from the Trump administration. Stocks at wholesalers rose 0.2% instead of being unchanged, as estimated last month, the Commerce Department's Census Bureau said on Monday. Economists polled by Reuters had expected last month's estimate would be unrevised. Inventories, a key part of gross domestic product, climbed 0.3% in March. They advanced 2.3% on a year-over-year basis in April. Wholesale stocks of prescription medication surged 1.3% in April. There were also increases in apparel, motor vehicle, groceries and professional equipment inventories. President Donald Trump has said he would impose tariffs on imports of pharmaceutical products that have long been spared from past trade disputes due to the potential for harm to patients. Apart from drugmakers, businesses front-loaded imports in the first quarter, seeking to avoid Trump's sweeping duties on foreign goods, resulting in a large trade deficit that subtracted a record 4.90 percentage points from GDP. The front-running faded in April, leading to a record decline in imports and the overall trade deficit. While the contraction in the deficit at face value suggests trade could significantly add to gross domestic product in the second quarter, economists say some of the boost could be offset by low inventories. Inventory accumulation increased at a rate of $163.0 billion in the first quarter. The economy contracted at a 0.2% annualized rate in the January-March period, the first GDP decline in three years. It grew at a 2.4% pace in the fourth quarter. Sales at wholesalers edged up 0.1% in April after jumping 0.8% in March. At April's sales pace it would take wholesalers 1.30 months to clear shelves, unchanged from March.
Reuters
8 hours ago
- Reuters
Brazil inflation estimated to have edged down in May
June 9 (Reuters) - Brazil's inflation is estimated to have edged down in May as a persistent rise in food and beverage prices took a break, a Reuters poll found. Food inflation has begun to cool due to a large supply of foodstuffs from a good crop and rising cattle farming, coupled with the commercial impact of a bird flu outbreak leading to a glut on the domestic market. Official data to be published on Tuesday will likely show inflation ran at a 0.33% monthly rate and 5.40% in the 12 months to May, according to median estimates of 19 economists polled June 4-9. This would mark a decline from April's 0.43% monthly rate and 5.53% for the 12-month reading, the fastest annual clip since February 2023. UBS analysts noted May's trajectory was driven by an energy price hike, while "(monthly) food inflation is likely to print close to zero, as it reaches its low season of May-August." "Fresh food may already show prices falling, contributing 4 basis points to the downside", the bank's economists added. Bi-weekly figures last month reflected price falls in categories like grains, fruits and vegetables as well as low increases in flour and milk. Also, chicken prices dropped around 7% since the start of the bird-flu event, Brazil's Agriculture minister said last week. Exporters redirected poultry products to domestic consumers after a slew of international bans. Still, the 12-month inflation gauge is set to come in for the 8th consecutive month above the government's target of 3% plus/minus 1.5 percentage points. Beyond food and energy trends, services have been a key factor behind Brazil's sticky inflation recently, with a resilient job market pushing up the sector's costs. However, core services inflation probably moderated to a 0.35% monthly rate in May from 0.61% in April, Barclays said in a report. This would support growing views the economy is slowing down, a process expected to become clearer in the second half of the year. The nascent deceleration is the result of a monetary tightening campaign that last month brought up Brazil's benchmark interest rate to 14.75%, a near-two decade high. The central bank is maintaining a data-driven approach for its June rate-setting meeting, without committing to a specific policy path, governor Gabriel Galipolo said on Saturday.
