CBS chief Leslie Moonves steps down. CBS chairman and chief executive Leslie Moonves has resigned amid accusations that he sexually harassed and assaulted numerous women over his career. CBS said today that it will pay up to $120 million to Moonves if an internal investigation into allegations of harassment fails to provide grounds for his dismissal. CBS shares were down 2.5 percent at $54.63 in early trade.

Sweden moves to the right. Sweden became the latest European country to succomb to a populist party on Sunday. The nation woke up this morning in a new configuration in which the anti-immigration and anti-European party Sverigedemokraterna (The Democrats of Sweden) is weighing on political life like never before. Attracting 13% of the vote in 2014, the party now stands at 17.6%, winning 13 additional mandates in the Riksdag (parliament), going from 49 to 62 deputies (out of a total of 349).

Greece stays away from markets. Greek Prime Minister Alexis Tsipras unveiled his post-bailout economic policy over the weekend, promising some relief from austerity measures while sticking to budget discipline. He assures that he has a cash reserve that makes the country autonomous from  financial markets for two and a half years - a safety net of nearly €30 billion (equivalent to 15% of GDP). He said this should enable it to avoid the need to finance itself on the financial markets in times of high volatility.

Donald Trump fights back. With midterm elections looming, POTUS is taking an agressive stance towards those who question his fitness for office. Today, he hit out at Bob Woodward's new book, which presented a  really bad  picture of his performance. He tweeted that the book is a joke and warned against "phony" articles.