Chaos of Libya May Derail Islamic State’s Plan to Expand

February 19, 2015 11:29 AM

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(Bloomberg) -- In the slick video, the masked insurgent speaking English summed it up before the decapitation of the Egyptian Coptic Christian hostages.

“Today, we are on the south of Rome, on the land of Islam -- Libya -- sending another message,” he said in the video released Feb. 15. “O Crusaders, safety for you will be only wishes.”

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