China's Consul General in New Zealand Niu Qingbao has warned New Zealand's Food Safety Minister Nikki Kaye and Fonterra CEO Theo Spierings at a forum in Auckland that New Zealand should be even more open on food safety and environment issues to maintain its '100% Pure' image.
Prime Minister John Key has put free trade talks with Russia on hold and called Trade Minister Tim Groser home in protest at Russia's military actions in the Crimea.
Nathan Guy said the first of two reports on the Fonterra botulism scare had been delivered and would be released before Christmas, MPI and MFAT announced beef and sheep meat exporters had won access to the Peruvian market and Winston Peters' attacked the Government's decision not to pay Learning Media's landlord while also paying at least some of its debts to Westpac.
Fonterra's board released a 163 page report on Tuesday from its independent inquiry into the botulism scare and it's a cracking read for anyone wanting to get a forensic look at what went wrong, why it went wrong and what not to do again.
Fonterra's Global Dairy Trade held its fortnightly internet auction of milk powders overnight. The best overall measure of prices, the GDTI, fell just 2.4% when some had expected 5-10% falls in the wake of the botulism scare. Prices remain more than 50% higher than a year ago.
Here's they key quotes of the day from around the worlds of economics, policy and politics over the last day. They are dominated by the Fonterra botulism scare.