The yellow-brown diamond in a fire rose cushion cut was purchased from De Beers by a group led by Henry Ho of Thailand and given to Thai King Bhumibol Adulyadej in honor of his 50th coronation anniversary.
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One displays a cushion-cut diamond surrounded by pearls, while the other features a large pearl surrounded by diamonds.
But if house prices fall, they will be unable to cut interest rates to cushion their economies.
In January Mr Greenspan declared himself fully vindicated in his decision not to prick the stockmarket bubble in the late 1990s, but instead to wait for it to burst and then cut rates sharply to cushion the consequences.
The Federal Reserve's Alan Greenspan has declared himself fully vindicated in his decision not to prick the stockmarket bubble in the late 1990s, but instead to wait for it to burst and then cut rates sharply to cushion the economic consequences.
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If consumer spending does slow sharply, then at least Australian policymakers, unlike those in the United States, have plenty of room to cut interest rates and taxes to cushion the economy and prevent a recession.
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Having established a two-goal cushion, Bradford had to withstand a spirited fightback before claiming the three points as Norwich cut the deficit and then missed a penalty in injury time.
That would cut taxes for even the richest taxpayers by a few hundred dollars and provide a small cushion against higher levies for people just over the thresholds.
Meanwhile, the fall in Germany's stockmarket, which last year was steeper than in any other big, rich economy, has cut the value of their remaining industrial holdings, taking the stuffing out of an old cushion against hard conditions.
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Lynch sees the cushion climbing to 4.5 million bpd in 2007 as the Saudis bring the Khursaniya field into service but cut back elsewhere to make a place in the market for non-opec growth.
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