There is, of course, a catch: the rate is for one year only, which means come this time next year the two will be back at the bargaining table.

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In return, the Russians offered Pacific Andes their catch at a cheaper rate.

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That is the main reason why a fast rate of catch-up by the emerging markets would be better for the West than a faltering one.

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At this rate he appears unlikely to catch up but he may still be saved by the absentee ballot of an estimated 2, 300 people living abroad.

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Cameras using number plate recognition technology would be used to catch motorway users who had not paid the higher rate.

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The only catch is that the percentage is promotional, and a fixed rate is yet to be decided.

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It made me wonder playing host to a "first-rate" global capital also came with a massive catch: that as well as subsidising the rest of the country, London's very success was also holding it back.

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By this point Bangladesh's run-rate had plummeted and Yuvraj took an excellent forward-diving catch at short fine-leg to remove Mahmudullah and give Ojha his third victim.

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Once workers try to catch up, the old relationship will re-emerge and the unemployment rate consistent with stable inflation will rise back to its previous level of above 5%, from a low of 3.9% last year.

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But Tredwell (59) upped the scoring rate in tandem with number eight Parnell, who helped him add 151 before clattering a return catch to Robert Croft, who sparked a collapse in which Kent lost their last four wickets in nine balls without addition.

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