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For the first time in its history, New York City deliberately shut down its entire subway system on Wednesday morning. Read more about it here.

The SACCNY team is very happy and excited to be part of connecting and forging new partnerships between its members who help support each other and the community during the pandemic.

For example, SACCNY member Maria Nila was connected to New York Presbyterian Hospital and have now donated hair and body care products to its frontline healthcare workers (pictured above). Read more about the initiative here.

Please join us and engage with the SACCNY network to be part of bringing back to your community. Message us if your company has extra resources to provide and we will have a match for you!

The 2020 edition of the always highly anticipated SACCNY Tri-State Directory is now available! In light of these challenging times, we are making this publication free of charge in the hopes that companies put good use to the resources it provides.

As mentioned above, SACCNY is highly focused on helping companies forge new partnerships during this time. Take the next step in collaboration and find your next potential business partner in the Tri-State area.

In light of the ongoing, and highly disruptive COVID-19 pandemic, SACCNY is maintaining a regularly updated list of helpful and trusted resources members can turn to for guidance. We hope this will be a helpful tool for you to stay updated on developments as we tackle the crisis.
Legal | USCIS announced that it is now preparing to reopen its offices on or after June 4. While offices are temporarily closed, USCIS continues to provide limited emergency in-person services which must be coordinated through the USCIS Contact Center.
Finance | WSJ has compiled a comprehensive list of how small business owners may prepare for the resumption of the Paycheck Protection Program by getting their paperwork to their lenders as soon as possible. 
Human Resources | As the country prepares to reopen in the coming months, employers now have to determine how to bring back their workforce. This insight proposes a possible option: a work share program.
NY GOV | "Is there a moment in this country in Washington where these guys are going to stop playing politics?" asks Governor Cuomo on MSNBC's Testing & the Road to Reopening with Nicolle Wallace. 
Top picks for the Swedish-American business community.
 Expressen | Several high-profile industry leaders have left Swedish companies and taken executive roles across the Atlantic. "It's a reflection of how good Swedish entrepreneurs are," says Anna Throne-Holst, President of SACCNY.
 DI | The EU Commission promises a vaccine that benefits everyone against the Coronavirus after collecting almost SEK 80 billion in the fight for a vaccine. "This is a time of cooperation and solidarity," urges Swedish Prime Minister Stefan Löfven.
NY Times | Top infectious disease experts on the Trump administration’s Coronavirus task force estimate a vaccine could arrive in at least 12 to 18 months. The grim truth behind this rosy forecast is that a vaccine probably won’t arrive any time soon. Clinical trials almost never succeed. 
Economist | The world economy shrank by 1.3% year-on-year in the first quarter of 2020. The Federal Reserve Bank of New York draws on measures such as jobless claims to produce a weekly index of American economic output, suggesting that the U.S. GDP is currently running about 12% lower than it was a year ago.
NY Times | The country’s approach to the pandemic sets a seductive example. But the United States shouldn’t copy it.
 SI | Svenska Institutet, a government agency in Sweden with the responsibility to spread information about Sweden outside the country, has published a comprehensive report on Sweden's approach to the virus and international perceptions that follow.
Sweden Says Controversial Virus Strategy Proving Effective
Bloomberg | Sweden’s unusual approach to fighting the coronavirus pandemic is starting to yield results, according to the country’s top epidemiologist.

Lund University launches Coronavirus tracking app
 DI Digital | Researchers at Lund University are launching a free corona app to increase knowledge about the virus and survey the spread of infection in Sweden. The Public Health Authority has received a description - but has not acted yet. 

Swedish AI will save New York's intensive care
 SvD | Nearly two million Americans are estimated to need intensive care during the Coronavirus pandemic. This requires many more nurses with that expertise. A Swedish company has been commissioned to quickly train staff with the help of artificial intelligence.

Sweden's Approach Explained [video]
Reuters | "This is a marathon, not a sprint" says Ann Linde, Sweden's Minister of Foreign Affairs explains.

How to make America 2.0 a More Equitable Society
NY Times | The tech industry can play a pivotal role in shaping our post-pandemic world. Can we finally fix the systemic problems in America that have become so obvious as they have become uncloaked by the virus?
While we can't enjoy the richness of New York City at this time, we have added a digital popup exhibition featuring New York City-based Swedish artists and photographers who bring us a glimpse of what the City looks like today.
"With a lockdown in place in New York, Times Square looks like an empty shell of its usual self. With one exception. “The Naked Cowboy”, who is still in business." - Pontus Höök
Photographed by: Pontus Höök. To see more of his work click here.

This space is dedicated to members who are using this newsletter as a platform to boost motivation and creativity with personalized messages and tips for our network during COVID-19.

This week, we collaborated with Casall, a Swedish sportswear and workout equipment company, as well as a kind partner and contributor to the Gateway gym. They share with SACCNY’s network the top tips for fitness at home. To see more about Casall click here.
Every week, we reach into our network and share news about our member companies.
Nasdaq | While overall volatility has eased and markets have started to bounce back from recent lows, risks still abound, especially as the number of Coronavirus cases in the U.S. tops 1 million. Yet businesses are working more closely than perhaps ever before to combat COVID-19 and kick-start the global economy.
BonBon x Volvo Car USA | This week SACCNY member BonBon and Gold member Volvo Car USA were connected to continue providing relief! As of Tuesday this week, BonBon can now safely provide same-day delivery in New York City, powered by Volvo Car USA.
 Sverigesradio | SAS flight personnel who have been laid off during the Coronavirus crisis will be retrained for temporary jobs within elementary schools.
Forbes | The old mantra of success in Retail was “location, location, location”. In the new world, the location that really matters will be on smartphones and browsers.
 Realtid | The Stockholm Chamber of Commerce launches Omstartskommissionen, a newly launched Commission on restarting the Swedish economy, led by Mannheimer Swartling Senior Economist, Klas Eklund.
 DI | By 2020, Scania hopes to become 100% fossil-free and by 2025, to half its emissions from operations. These are two of Scania 's most important climate targets. Now, the vehicle giant is taking on a new and significantly tougher target.

Adecco is the world’s leader in staffing & HR solutions. Adecco is in 60 countries, has 5,000 locations, and has on average over 1 million temps working per day supporting over 100,000 clients.

How COVID-19 Is Waking Up Wall Street To Sustainability
Huffington Post | Amid the chaos of COVID-19, companies are revealing their true colors — a slew of them indulging in bad business practices, while some try to do the right thing ― and investors are paying attention. 

A COVID-19 recovery for climate
AAAS | Reports suggest that climate impacts will worsen the longer we wait. As we address the disruptions of COVID-19, we are also faced with overlapping crises that require immediate societal mobilization.

How sustainable infrastructure can aid the post-COVID recovery
WEF | The economic fallout caused by the COVID-19 pandemic is forcing governments around the world to come up with policies for stimulating the global economy. Many are considering a tried-and-true method to boost economies in the short-term and provide wide societal benefits in the long term: infrastructure investment.

ClimateView raises $2.5 million for its toolkit to visualize climate mitigation plans
TechCrunch | ClimateView, a Swedish software development company working on monitoring and visualization tools for greenhouse gas emissions, said it has raised $2.5 million in its latest round of financing.
The Swedish-American Chamber of Commerce, New York
900 Third Avenue, 29th Floor
New York, NY 10022

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