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Portugal's borrowing costs rise

Portugal's borrowing costs jump to a seven-month high as political tensions rise over the terms of the country's bailout.

Americans are once again spending more on credit, increasing their borrowing by $19.6 billion in May, according to the Federal Reserve.

On June 27, New Source had US $48 million of debt outstanding under its credit facility, leaving US $27 million now available.

Government borrowing rose slightly in 2012-13 compared with the previous year, figures from the Office for National Statistics show.

Government borrowing rose slightly in 2012-13 compared with the previous year, revised figures from the Office for National Statistics show.

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