Italy warns world time running out to address IS threat in Libya

Smoke rises from the port of the eastern Libyan city of Benghazi during clashes between forces loyal to the internationally recognised government and Islamist militias on February 14, 2015 (AFP Photo/Abdullah Doma)

World economies warn of global risks, call for bold action

A general view shows the International Monetary and Financial Committee (IMFC) before their meeting at the World Bank-IMF annual meetings in Washington October 11, 2014.              REUTERS-Joshua Roberts