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Heavy fighting in Libya's Benghazi, 16 killed: official

At least 16 people have been killed in heavy fighting in the Libyan city of Benghazi between forces allied with the official government and Islamic State fighters, a military commander said on Wednesday. Benghazi, caught up in fighting for more than a year, is just one front in Libya's...

IMF says risks higher if Fed hikes rate early

Washington (AFP) - An early interest rate hike by the US Federal Reserve would involve higher risks than would waiting a bit longer, the chief economist of the International Monetary Fund told AFP. "I'm not sure that the risks of acting are gigantic, but they're certainly higher,"...