Hi,
By default, the limiting distances RADIUS1 and RADIUS2 are interpreted as three-dimensional line-of-sight distances. To ensure that the slope distance is calculated correctly, both the ground units and surface ZUNITS must be in the same unit of measure. Your Z units differ from your ground units. Sometimes this is manageable with the z factor parameter, but your data is for the whole world so one z factor is not suitable at that scale. To obtain optimal results I recommend using an equidistant projection. Something like World Azimuthal Equidistant should do just fine. Project your points as well. The distance you specify in RADIUS 2 will have the units of the projection of the points.