where there are also protests. an anti-corruption referendum that passed in november was repealed last month by the legislature in an emergency move. protesters at the capit oil building in pierre. it would have curbed lobbyist gifts to lawmakers. they signed the repeal bill saying they had been hoodwinked by scam artist. one group called the repeal a bold power grab. in the national lead. a spate of troubling an anti-semitic incidents. slogans squalled slogans drawn on the subway. in houston a swastika drawn in chalk at rice university.
house herself. so how do you get to move into a house that you don t own and get to stay there even when you are caught? that s coming up. plus, an emergency move to save lives. instead creates a crisis. and now thousands upon thousands of crocodiles, oh the crocodiles. they are running wild.
i m christine romans along with my friend, carol costello. happy day before friday. up first this hour, iraqi officials honoring the service and sacrifice of u.s. and coalition troops as well as their own. special ceremony at camp victory overnight. vice president biden was on hand. the event coming just weeks before american troops complete their withdrawal from iraq. cnn s martin savidge live in baghdad. we were hoping you could attend that ceremony but you could not. reporter: good morning to you, carol. you are right. we were told about 12 hours before that ceremony was to begin that members of the media were not allowed to attend. even though the buildup a week and a half we were told absolutely we would be there. the explanation that was given was security. does not appear we were the primary security threat but the concern was that they honl limited space. this is going to be held indoors for security reasons at a palace out there at camp victory because they neede
the emergency move comes as the tokyo stock market plunges this morning amid new concerns about the economic impact of the new disaster. for more, we get all up in your business this morning on cnbc s jeff cutmore live in london for us. geoff, good morning. good morning to you, peter. it s interesting, we ve had the european markets here open mixed at the moment of the we ve got the london market and the french market higher. but it is germany that is seeing some selling and that is around this japanese story. a lot of exposure in the reinsurers, also in the energy stocks, particularly around the nuclear story that are driving the german market down. and that legacy from the japanese, the nikkei is what s hurting some of these european trades. we saw the nikkei down over 6% to the close of the session here. we expect that there is going to be a strong focus on corporate profitability. particularly where you ve got
but l.a. has had a short-term problem for a long time. now we re talking about cutting city services a couple days a week. i guess what my viewers who are not in los angeles want to know is is this a move toward fewer services in general, something we re going to see around the country or is this an emergency move that you re going to be able to fix at some point in the near future? well, i think we are going to be able to fix this financial challenge that we re facing in the city of los angeles. but over the last two years, we ve actually had deficits of about $700 million. $200 million plus about two years ago and, last year, we resolved about a $500 million deficit that, with revenues down, however, that s even though we cut $400 million of we re now looking at $212 million in this current year. we ve got challenges to do. we ve eliminated 1,000 positions last year, not layoff. we early retired 2400 people.