Global leaders have hailed the death of al-Qaida leader Osama bin Laden.

British Prime Minister David Cameron issued a related statement on Monday, saying that bin Laden’s death will bring great relief to people across the world. Cameron, however, added that it does not mark the end of the threat from extremist terrorists, urging people to remain vigilant.

French Finance Minister Christine Lagarde told France 2 television that she congratulates the United States on its successful operation which killed bin Laden.

German Foreign Minister Guido Westerwelle also welcomed the death of the al-Qaida leader, saying his end is good news to people around the world who love peace and freedom.

Israel's Deputy Prime Minister Avidgor Lieberman, however, warned that al-Qaida and related terrorist groups will attempt massive retaliation, calling for extreme vigilance over the next few days.

Meanwhile, Afghan President Hamid Karzai has called out to the Afghan Taliban, urging them to refrain from fighting.

The Associated Press reports that with bin Laden gone from the helm of al-Qaida, his Egyptian right hand man Ayman al-Zawahri is likely to succeed to lead the terror network.