ROME - The Sept. 11 terrorist attacks destroyed any illusion that rich countries can ignore desperation and poverty elsewhere, the World Bank president said Saturday at the opening of a conference on the weaknesses of globalization. <br>
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The first Glocal Forum, whose participants include Israeli Foreign Minister Shimon Peres and mayors and business leaders from around the world, is a response to concerns that globalization isn't always meeting local needs. <br>
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``The issue of poverty is really the issue of peace,'' World Bank President James Wolfensohn said. ``There is no wall between developed and developing countries.'' <br>
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The conference on ``glocalization'' - a coinage of the forum's organizers referring to attempts to involve local leaders in global issues - was initiated in part because of former Israeli diplomat Uri Savir's concern that increasing economic integration hasn't been accompanied by peace or stability. <br>
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``It comes from my own experience in the Palestinian-Israeli process - that far too little emphasis was given to the issue of how poorer people gain from peace and how you break cultural and psychological barriers between enemies,'' Savir, who was involved in negotiating the Oslo accords, told The Associated Press. <br>
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On the sidelines of the three-day meeting, Wolfensohn was expected to meet with Mohammed Rashid, the economics adviser to Palestinian leader Yasser Arafat. <br>
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Peres gave a press briefing Saturday addressing the Mideast conflict, saying he wanted to see a peace conference by June. He would not say whether Israel would welcome participation by Arafat. <br>
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Later Saturday, Peres and Rashid appeared together at a special Glocal Forum concert for peace in the Colosseum, featuring Ray Charles and other music stars. Peres and Rashid shook hands before the crowd and each expressed their firm commitment to finding Mideast peace. <br>
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The Glocal Forum has scheduled discussions on giving local leaders a role in developing peace, sustaining culture amid global pressures, and reducing the technology lag in poorer nations. <br>
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On Monday, participants were scheduled to meet with Pope John Paul II.