Japanese household spending dropped again in April, official figures showed Tuesday, as consumers kept a tight hold on their purse strings despite years of government efforts to boost spending. The fresh data attests to what analysts believe is a broader picture of the world's third largest economy -- it is picking up steam overall but tepid consumption continues to act as a drag. Japan's prospects have been improving on the back of strong exports, with investments linked to the Tokyo 2020 Olympics also giving the economy a shot in the arm.
Two Venezuelan opposition leaders were wounded on Monday by security forces dispersing protests in the capital Caracas against President Nicolas Maduro, according to one of the leaders and an opposition legislator. Maduro's adversaries have for two months been blocking highways and setting up barricades in protests demanding he call early elections and address an increasingly severe economic crisis that has left millions struggling to get enough to eat. Fifty-nine people have died in the often violent street melees, which Maduro calls an effort to overthrow his government.
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