and will consider further measures if they think "uncontrolled transmission" of the virus is occurring. * * * Update (0950ET): Spanish authorities have confirmed the fourth case of coronavirus in Catalonia, according to La Vanguardia. Jordan has banned flights arriving from Italy, becoming the first country in the region to guard against travelers from Europe's third-largest economy. * * * Update (0900ET): Iran's MP Mahmoud Sadeghi said he had tested positive for the coronavirius, telling supporters: "I don't have a lot of hope of continuing life in this world". CBS has confirmed that it was an Italian doctor visiting the Spanish isle of Tenerife who prompted all guests at his hotel to be confined to their rooms on Tuesday. The country has now confirmed nearly 60 cases on Tuesday. In the UAE, home to long-haul carriers Emirates and Etihad, airlines have suspended flights to and from Iran for at least a week, cutting the country's 80 million people off from thousands of flights. Unsurprisingly, the Dems were quick to slam the White House's $2.5 billion spending plan that was sent lawmakers on Monday to address the deadly coronavirus outbreak. Democrats said the request fell far short of what's needed. House Speaker Nancy Pelosi called the president's request "long overdue and completely inadequate to the scale of this emergency" in a statement released Monday. She added that the House would propose a "strong, strategic" funding package of its own to address the public health crisis. Because nothing solves a public health crisis like a political stalemate. [Trump/Schumer kike bullshit removed]
For those who have been watching, CNBC has been talking up a storm about the drugmaker Moderna, which delivered its first experimental coronavirus vaccine for testing, with the clinical trial slated to start in April. The WSJ is supposedly one reason why market's are clinging to optimism on Tuesday. The CDC's Dr. Fauci praised the development, said "nothing has ever gone that fast." "Going into a Phase One trial within three months of getting the sequence is unquestionably the world indoor record. Nothing has ever gone that fast," Dr. Fauci said. As Jim Cramer won't stop repeating Tuesday morning, the advances are "really remarkable." Finally, Austrian health officials have confirmed that at least one of the likely coronavirus patients isolated Tuesday was an Italian living in the country. This comes after Italian authorities reported the first coronavirus case in the country’s south: a tourist visiting Sicily who had traveled from Bergamo, an Italian city in the Lombardy region. * * * Update (0825ET): Bahrain has banned its citizens from traveling to Iran as it reports 9 new cases of coronavirus, raising the total cases in the tiny island kingdom to 17 in the span of 24 hours. * * * Update (0800ET): With his reputation under fire and his popularity slipping, PM Giuseppe Conte said Tuesday that he's confident that the measures his government has put in place will contain the contagion in the coming days. This comes after the PM admitted that a hospital in Lombardy inadvertently helped spread the virus by not adhering to certain health-care protocols. The PM has blamed the hospital for the outbreak in the north, raising questions about whether "the European nation is capable of containing the outbreak," according to CNN. To put things in perspective, Italy now has 3x the number of cases in Hong Kong. "That certainly contributed to the spread," Conte said, without naming the institution concerned. The infection has been centered around the town of Codogno, around 35 miles south of Milan. Obviously we cannot predict the progress of the virus. It is clear that there has been an outbreak and it has spread from there," Conte told reporters, referring to the hospital.