You seem to have a very unconventional estimate of the world population. 1% of 8 billion is not hundreds of millions.
Anyway, overall current (non-COVID) mortality rate is around 1% annually as well, mostly elderly people as well, so even if in an extremely unlikely and tragic case this will kill 1% of the world population, expect twice as many people you know to die compared to a regular year.
Having twice the normal population die in a given year is an extreme event. The way you’re describing it sounds like it’s no biggie.
Globally speaking, that's not the case. The number of new cases was highest in early to mid-February and has been lower in the past two weeks.
What? That doesn't matter at all.
The number of new cases globally is growing at an increasing rate- the number will eclipse that from early-mid february shortly.
That's just not true. The daily increase in total cases globally has been going down since mid February.
https://www.arcgis.com/apps/opsdashboard/index.html#/bda7594... (Link fixed, thanks)
So, it would stand to reason that you would see a decrease in the number of confirmed cases if there's an artificial limit in the number of cases reported.