|
More top picks for the Swedish-American business community.
|
|
|
CNBC | When Finland and Sweden announced their interest in joining NATO, the two Nordic states were expected to be swiftly accepted as members of the defense alliance. But joining NATO requires consensus approval from all existing members, and Turkey – one of the group’s most strategically important and militarily powerful members – is not happy. The reasons why are complicated, emotional and steeped in decades of often violent history.
|
|
NYTIMES | President Biden raised the alarm about monkeypox, a viral infection fast spreading around the world, and warned that the disease, which can be spread as easily as through handling a contaminated object, is something “that everybody should be concerned about.” Monkeypox, rarely seen outside Africa, has been found in recent weeks in Europe and the United States. As of Saturday the 21st of May, 92 cases and 28 suspected cases had been identified in 12 countries outside of those African nations where it is endemic, according to the World Health Organization.
|
|
|
WSJ | Growth in the U.S. and global economies slowed in May as high inflation and rising interest rates dented demand, business surveys said Tuesday. Business activity at services businesses in the U.S., eurozone, U.K. and Australia all grew more slowly in May amid rising prices, according to S&P Global surveys. The firm’s purchasing managers index surveys also reported Tuesday that factories in major global economies face supply-chain disruptions related to Covid-19 surges and the Ukraine war, as well as higher fuel costs and rising wages.
|
|
|
BLOOMBERG | The U.S. pandemic fueled housing boom, marked by record price gains and coast-to-coast bidding wars, is finally reaching its limit. After the fastest rise in mortgage rates for any four-month period since 1981, hot markets such as Austin and Riverside, Calif., are suddenly slowing. Buyers who once had to make on-the-spot offers now have time to shop and even negotiate. And some sellers are doing something unthinkable just months ago: slashing prices.
|
|
|
|
REUTERS | Global energy and funding shocks test climate commitments
Six months after the world agreed in Glasgow to a U.N. climate pact with bold, new targets, political and business leaders facing an energy crisis, volatile markets and an economic downturn are grappling with how to cut carbon emissions. Amid soaring oil and gas prices triggered by Russia's Feb. 24 invasion of Ukraine, some countries have turned to other fuels, including coal, to meet their energy needs.
THE GUARDIAN | Do not work for 'climate wreckers', UN head tells graduates
The UN secretary general has told new university graduates not to take up careers with the “climate wreckers” – companies that drive the extraction of fossil fuels. António Guterres addressed thousands of graduates at Seton Hall University in New Jersey, U.S., on Tuesday. “You must be the generation that succeeds in addressing the planetary emergency of climate change,” he said. “Despite mountains of evidence of looming climate catastrophe, we still see mountains of funding for coal and fossil fuels that are killing our planet.
|
|
|
|
The Swedish-American Chamber of Commerce in New York (SACCNY) is looking for a Business Services Intern to join our team for a 1-year. As a Business Services Intern, you will support both new and established Swedish businesses to execute on their U.S. expansion strategies, and work to identify and leverage synergies between startups, scaleups, large corporations and non-profits. You will gain unparalleled insight into the U.S. business environment and Swedish-American exchanges, and develop an invaluable network of Swedish and American business executives and entrepreneurs.
|
|
|
Want to get involved?
Let us know if you want to get involved in any of our initiatives or have some news or happenings your SACCNY community should know about!
|
|
|
|
|
