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More countries are discouraging fossil fuel use, but the industry is still pumping. Leonard Ortiz/MediaNews Group/Orange County Register via Getty Images

Who really owns the oil industry’s future stranded assets? If you own investment funds or expect a pension, it might be you

A study found $1.4 trillion in oil and gas industry assets would be at risk if governments follow through on their pledges to deal with climate change.
Swedish defence minister Peter Hultqvist visits military base in Adazi, Latvia, in April 2022. Reuters/Alamy

Sweden: a history of neutrality ends after 200 years

The nation’s military strengths will add a considerable amount to Nato’s capabilities around the Baltic, an expert says.