New Zealand's infant formula contamination threat has been reported around the world, with many news outlets noting the scare could have widespread economic fallout.
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The New York Times headlined its story with "New Zealand Market Shudders at Threat to Dairy Industry".
It noted that the kiwi dollar had been pushed to a six-week low, and that New Zealand depends on the dairy industry for a quarter of its export earnings.
"Trading in New Zealand's dairy companies and futures was halted for a while after the incident, the second milk-safety scare to hit the country over a two-year period."