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By Steve Holland BALTIMORE (Reuters) - President Barack Obama said on Friday the goal of an international coalition he is helping to form is to "ultimately snuff out" the type of extremism demonstrated by Islamic State in Iraq and Syria. It is a "sobering time," said Obama at a Democratic fund-raising event in Baltimore following his decision to authorize U.S. The threat from Islamic State has had an important silver lining, he said. It has focused the world's attention on the need to "ultimately snuff out this particular brand of Islamic extremism that really has no place in the 21st century." Obama is leading an effort to form a coalition of Western allies and Gulf Arab states to take on the extremist group, whose savage methods have included beheading two American journalists.More...