China Denies Responsibility for Steel Crisis

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Ministers and industry leaders from about thirty countries say they have had frank discussions about how to tackle the over-production of steel. China has been accused of causing prices to collapse by flooding international markets with cheap steel. We hear why China says it isn't to blame. The Managing Director of the IMF, Christine Lagarde takes questions on the global economy at a BBC-hosted Q&A session in Washington, DC. An investigation into the use of slave labour in Southeast Asia to supply seafood to the United States and elsewhere has won the Pulitzer Prize for public service, one of the most prestigious awards in American journalism. (Photo: Mexican Economy Minister Ildefonso Guajardo Villarreal, European Union Commissioner for Trade Cecilia Malmstrom and Japanese Vice Minister for International Affairs Takayuki Ueda at the steel talks in Belgium. Credit: Thierry Charlier/AFP/Getty Images.)