Italy approves €2 billion aid package for flood-hit areas, while DeSantis plans presidential bid and SoftBank's credit rating falls.
TL;DR Summary
Florida Governor Ron DeSantis is reportedly planning to launch a presidential bid for the 2024 election. Meanwhile, SoftBank's credit rating has been downgraded to junk territory by Moody's due to concerns over the company's high debt levels and risky investments. The market is closely watching these developments.
- Live news updates from May 23: DeSantis to launch presidential bid, SoftBank falls deeper into junk territory Financial Times
- Italy Cabinet Approves €2 Billion in Aid to Flood-Hit Areas Bloomberg
- Italy approves $2.2 billion relief package for flood-hit areas Reuters
- Italy OKs aid mega-package for flooded north, with museum ticket surcharge to help pay for it The Washington Post
- Dramatic images from Northern Italy show helicopter teams rescuing people from floods #shorts CBS Evening News
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
60%
118 → 47 words
Want the full story? Read the original article
Read on Financial Times