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Louis Vuitton OutletBelgium are now in focus after local Spanish elections over the weekend struck a blow to the ruling party and possibly its ability to cut budget deficits, while outlooks on Italian and Belgian debt were cut by Standard & Poor's and Fitch, respectively. "Can they ring-fence Spain and Italy" to help avoid debt problems exploding in those countries and forcing them to be bailed out as well still remains a big question, said BBH's Thin. Europe is "on a knife edge right now," Thin added. The euro is also being hurt by weakening economic data around the globe, which has tamped down expectations for worldwide growth. China's purchasing-managers index hit a 10-month low as growth slows in that country. A reading on the euro zone's private sector hit a seven-month low, led by a slowdown in manufacturing. If data continue to disappoint, it could reduce expectations for ECB raising rates multiple times during the rest of the year as has been market participants' assumption in recent months. The widening interest-rate differential

Louis Vuitton Bags between Europe's central bank and the U.S. Federal Reserve had been the primary reason for the euro's big rally during most of the year. In his doping confessional to CBS's 60 Minutes, Tyler Hamilton not only tells of witnessing teammate Lance Armstrong's use of the banned blood-boosting agent EPO when they rode together on the U.S. Postal Service team from 1995 to 2001, but he also delivers a blow to Armstrong's longtime defense against such allegations: "Never a failed test," Armstrong tweeted in response to Hamilton's remarks. "I rest my case."Hamilton paints a picture of a testing cover-up at the 2001 Tour de Suisse, telling CBS that Armstrong told him that he failed a drug test there. The UCI, cycling's governing body, has denied there was any such cover-up, but another former teammate, Floyd Landis, made a similar allegation last year in letters to USA Cycling as federal officials began investigating whether Armstrong was involved in a doping operation while the team was receiving sponsorship money from

Louis Vuitton Handbagsthe Postal Service. Armstrong has repeatedly denied ever taking a performance-enhancing drug, much less testing positive for one. But if the Tour de Suisse accusations prove true, it would underscore what many in cycling have asked for two decades: Was Armstrong too big to fail?In 1999, while Armstrong was on his way to his first Tour victory after beating cancer, a French newspaper received a tip that Armstrong had tested positive for a corticosteroid and had no therapeutic use exemption (TUE) on his medical form. Armstrong, who was riding for the Postal team, had just said in a press conference that he did not have any prescriptions for banned products. When the team discovered that the newspaper had received the tip, panic hit Armstrong and his inner-circle, according to Emma O'Reilly, a soigneur from Ireland who worked with the team and specifically with Armstrong. She was in the hotel room after the 15th Tour stage when, she says, Armstrong and team officials devised a plan. "They agreed to backdate a medical prescription," O'Reilly tells SI. "They'd gotten a heads up that [Armstrong's] steroid count was high and decided they would actually do a backdated prescription and pretend it was something for saddle sores." In violation of its own protocol requiring a TUE for use of such a drug, officials from the UCI announced that Armstrong had used a corticosteroid for his skin and his positive result was excused. O'Reilly also told SI that, just before the start of the '99 Tour, Armstrong asked her to use some of her cosmetics to cover up injection marks on his arm, though O'Reilly does not know what substance Armstrong had injected.