What’s the prospect of battery-powered ships?

This episode of World Today explores multiple global developments, beginning with Iran's rejection of a U.S.-proposed 15-point peace plan in favor of a 10-point response demanding an end to attacks, sanctions, and regional instability. Analyst Ina Tingen discusses the deep mistrust between Iran and the U.S., the asymmetrical nature of the conflict, and the strategic implications of U.S. and Israeli military actions, including strikes on civilian infrastructure and attempts to dismantle Iran’s nuclear expertise. The episode then shifts to U.S. defense spending, with Professor Qu Bo analyzing the $1.5 trillion 2027 budget proposal as a reflection of military prioritization driven by the Iran conflict and broader strategic competition, while cautioning against the security dilemma and economic risks of such spending. China’s new e-commerce guidelines are examined, with Dr. Zhou Mi highlighting their focus on integrating digital and real economies, leveraging AI for supply chain optimization, and expanding global trade access—especially for developing nations—through initiatives like the Silk Road e-commerce network. Finally, the episode features CATL’s ambitions in electrifying shipping, with Professor Yan Liang detailing the company’s technological edge, the environmental and economic benefits of battery-powered vessels, and the challenges of infrastructure, energy density, and upfront costs. France’s decision to sell its gold reserves held in the U.S. and repatriate them to Paris is also discussed as a geopolitical signal amid deteriorating U.S.-Europe relations under Trump’s administration.