out what's really happening to the global economy with max cons are for a no holds barred look but lobel financial headlines tune in to cause a report. there hasn't been anything yet on t.v. . it is to get the maximum political impact. before the source material is what helps keep journalism honest we. we want to present. something else. the influence of the. sundance technology innovation all the elements from around russia we've got the future of covered. russia calls for an international conference to resolve the syrian crisis moscow and says both sides are to blame and the only way forward is to back kofi annan peace plan. spain confirms it will seek one hundred billion euros to help shore up the country's beleaguered banking system this after emergency talks with euro zone ministers. russian tennis star maria sharapova completes a career grand slam by winning the french open crown. three and in moscow i matter as a good to have you with us here on r t our top story moscow says it won't consent to military action in syria at the u.n. security council foreign minister sergei lavrov sa

weekend played host to the final stage of the canoe sprint world cup but there was even more at stake lobel bragging rights are koreans explains. akhet corrales kero n n canoeing canal is no stranger to hosting major events and it was one of the olympic venues in the nineteen eighty summer games in moscow it was here that athletes from the soviet union and german democratic republic reigned supreme clinching for gold sippy. thirty two years on has undergone a major innovation and was used to host the third and final stage of the c.s. canoe sprint world cup it's been seen as a dress rehearsal for the world championships to be held here in two thousand and fourteen i think everyone has been very impressed by the quality of the facilities to. see sectional path and they were thing else around so two years from the world championship it's great to have him for world cup matches as all of these things. the twenty twelve world cup program is one state shorter than usual due to the london olympics scheduled for the end of the some a so for many athletes this tournament was the last chance to find

. >> i think you focus on a lot -- marty lobel. >> you're next. go ahead, i'm sorry. >> we've been focusing on the trees, not the forest. picking up on len's initial comments, the income mall distribution in the united states right now is reaching a crisis proportion, which is why we're focusing on tax reform. we only really reform the tax code when there is a crisis, because by and large, and i worked on the hill for a few years, the only ones who get a voice are those who can afford to pay for it, either by hiring lobbyists or by making campaign contributions. the public is focused in on the rates paid by the very rich and by the large corporations who, you know, a lot of people are getting really unhappy about the tax subsidies we're providing to the multinationals which puts them at a great advantage over domestic companies. we haven't had a word about that in terms of tax rates. now who are the beneficiaries of these tax subsidies? usually very, very wealthy people who are now i think in the public's mind using their money to influence public

with that exhibit a robert proctor founder of elliot wave international is here to explain and that's lobel trustee take aim at john poor design himself in a report the trustee says he may sue the former c.e.o. and other m.f. global executives for negligence and breach of the do shiri duty the new york times also reports that bank of america's top execs and those meant to police them are likely to catch heat for new revelations about the banks' bad behavior during the financial crisis that's come out does bear market psychology we ask mean will see more aggressive attempts to hold bankers accountable will try to answer that and is the downturn in the dow a harbinger of a major economic contraction ahead we'll tell you why the r. word recession may be making a comeback let's get to today's capital account. so george soros is known as many things but he's known as the man who broke the bank of england so hey that could be one reason why when he gives a speech saying europe has the really months to save the euro it gets a lot of attention now here's a snippet of what he said over the weekend.

>> a lot of the -- mightily lobell. >> go ahead. sorry. >> we focus on the trees, not the forrest.picking up on the initial comments, the income maldistribution in the united states right now is reaching a crisis proportion which is why we're focusing on tax reform. we only really reform the tax code when there's a crisis because by and large, and i worked on the hill for a few years. the only ones with a vows are those who can pay for it by hiring lobbyists or making campaign contributions. the public is focused in on rates paid forly the rich and the large corporations who, you know, a lot of people are getting really unhappy about the tax subsidied provided to the multinationals putting them over a greater advantage over domestic companies. there's not been a word with respect to tax rates. who are the beneficiaries of the tax subsidies? usually, very, very wealthy people who are you, i think, in the public's mind, using their money to influence public policies for their benefit. on the right, there's the coch brothers, and on the left, you have george sorros. you have a situati