World Economy

Global coronavirus cases hit 40 million as second wave gathers pace

Key Points
  • The number of coronavirus cases around the world has hit 40 million on Monday, according to Johns Hopkins University data.
  • The grim milestone reached on Monday comes as various parts of Europe and the U.S. struggle to deal with an alarming surge in cases.
Doctors in Berlin, Germany.
Sean Gallup | Getty Images News | Getty Images

LONDON — The number of reported coronavirus cases around the world has hit 40 million, according to a tally kept by Johns Hopkins University.

The grim milestone of 40,050,902 confirmed cases on Monday comes as various parts of Europe and the U.S. struggle to deal with an alarming surge in infections.

The dreaded "second wave" began in August in Europe, following the relaxation of national lockdowns implemented in spring.

European governments have scrambled to contain a surge in cases by re-introducing a raft of restrictive measures on public life and the hospitality sector, including the closure or limited opening of pubs, bars and restaurants, restricting social gatherings and even resorting to curfews, now seen in a handful of major French cities, including Paris.

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The WHO warned on Friday that Europe's coronavirus outbreak is "concerning" as the number of available intensive care beds continues to dwindle and near capacity in some regions.

When adjusting for population, the number of new coronavirus infections in Europe has now overtaken that in the U.S., with Europe reporting 187 new Covid-19 cases per million people, based on a seven-day average, compared with 162 new Covid-19 cases per million people in the U.S.

In the U.S., daily new cases continue to rise in more than half of states as debate rages over the effectiveness of public safety measures touted by the country's top health experts.

The World Health Organization's own data puts the number of cases at 39.8 million, with 18,709,984 in the Americas, 8,489,775 in Southeast Asia and just over 7,889,000 cases in Europe, while Africa has seen just over 1,259,000 cases.

The 40-million case mark comes as global economies struggle to recover from the initial outbreak of the virus, which first emerged in China in December 2019, while trying to curb the second wave without a return to total lockdowns.

The International Monetary Fund forecast earlier in October that the global economy would contract by 4.4% in 2020, an upward revision from an estimate of -5.2% made in June. It said the revision was made in part thanks to better-than-expected growth in advanced economies and China during the second quarter of the year.

Economic data released by China on Monday showed that its economic recovery continues to gather steam, with third-quarter GDP growing 4.9% as compared to a year ago.

—CNBC's Berkeley Lovelace Jr. contributed to this article.