Worker remittances to Mexico, the world’s fourth-largest receiver, slowed
US car sales soared, hitting a nine-year high
Europe continued to flirt with deflation...
…as euro zone unemployment ticked down to 11.7%…
…prompting the ECB to take unprecedented action, including introducing negative interest rates
Italy’s terribly high unemployment showed signs of topping out at 12.6%
Australia’s first-quarter GDP growth was surprisingly good
Brazil’s stubbornly high inflation rose
And the US recovered all the jobs it lost during the Great Recession
