The New Zealand Government has issued an assurance to all Chinese consumers that  NZ dairy products are safe and apologised for  “confusion” surrounding the suspension of DCD use in fertilisers on NZ farms. The apology was conveyed by New Zealand ambassador Carl Worker at a press conference at the NZ embassy in Beijing late Monday (NZ time). Ambassador Worker also told the press …

Chinese authorities have launched an investigation in three Chinese cities spelling out they will “seal and destroy” any dairy products which  contain residues of dicyandiamide (DCD). The investigation comes as China’s quality watchdog issues a “Please Explain” to its NZ counterparts requesting a “detailed risk assessment report” on NZ dairy products after  the “potentially harmful” chemical residue was found in them. …

President Barack Obama and congressional Republicans have reached a deal to avert the fiscal cliff on the last day of 2012. mobile phone tracking uk The upshot is income-tax rates will rise, unemployment benefits will be maintained and tax breaks for families of modest means. The deal also delays for two months part of the $US110 billion in spending cuts …

Legendary Tiger Fund founder “Julian Robertson” has apparently joined Twitter and is already making a splash with pungent comments on the US fiscal cliff. Problem us – is this Julian for real or a fake Twitter account?  Some on Twitter say they have contacted his office to be told it is a fake. If so, pity because the comments are …

Two more candidates for the top World Trade Organisation job tossed their hats into the ring yesterday joining NZ’s Tim Groser and candidates from Costa Rica and Ghana. Groser’s candidacy – first revealed by this journalist in the NZ Herald in August – was expected. After four years as trade minister, Groser has polished his political skills and developed a …

Prime Minister John Key said the Government has nominated Trade Minister Tim Groser for the position of Director-General of the World Trade Organisation. “Nominations have been called for by the end of December, and I can confirm that Mr Groser’s name has been put forward, with the New Zealand Government’s blessing,” says  Key. “Given Tim Groser’s experience in trade, and …

The New Zealand dairy industry is set to benefit by China’s decision to drastically slash the tariff on infant milk formula to bring down prices and secure supplies for its fast-growing middleclass. Buy MS Office 2010 Cheap The move comes just one day after China’s biggest dairy company Yili announced it will invest $214 million in establishing an infant milk …

China’s biggest dairy company is set to invest $214 million in a new infant milk powder plant in New Zealand driving more competition into Fonterra’s back yard. Yili said it was attracted by NZ’s “relatively cheap” raw milk prices, as well as, the free trade agreement between China and New Zealand, under which dairy import tariffs reduce to zero by …

The Christmas Grinch has struck again with Don Brash depriving the usual suspects of a chance to have a decent whack at the sale of Oceania Dairy to China’s biggest dairy company at a time when they all want to wind down rather than up. a cause and effect essay To be fair, Brash is just one of two directors …

The Public Sector Pension Investment Board –  one of Canada’s largest pension investment managers – has agreed to buy 30 per cent of  Kaingaroa Forest from Harvard University’s endowment fund. Harvard will retain a 28.75% stake in Kaingaroa Forest after completion of the transaction, which remains subject to regulatory approval and other customary closing conditions. As part of the transaction, …